Defensible fair market value range
Evidence-based valuation intelligence
Price Validation Tool for Heavy Equipment
Turn resolved machine identity and multi-source market evidence into a defensible, audit-ready fair market value range. Designed for insurance, lending, resale, and fleet asset governance with explicit adjustments and governed review.
Trusted by insurers, lenders, brokers, fleet managers, and dealers seeking valuation discipline and dispute prevention.
What you get
The points below highlight the main areas TerraSource Africa supports on this page.
Confidence score with clear rationale
Transparent adjustments (FX, logistics, duties, utilisation, markups)
Evidence lineage, quality scoring, and change log
Reviewer approvals with timestamps
Audit-ready report and reproducible outputs
Evidence-based valuation intelligence
Price Validation Tool for Heavy Equipment
Worthify gives insurers, lenders, brokers, asset owners, and buyers a commercially disciplined path from machine information to valuation evidence. We resolve canonical machine identity, structure market comparables, and apply transparent, versioned adjustments to deliver a defensible fair market value range with a stated confidence and rationale.
Every conclusion is governed. Human reviewers validate evidence fit, record decisions with timestamps, and lock the output to an immutable audit trail. The result is valuation confidence that stands up to underwriting, credit, audit, and claim-stage scrutiny.
Built for audit discipline
Canonical machine identity before pricing
Structured dealer, listing, and auction evidence
Deterministic valuation with transparent adjustments
Governed human review and approvals
Evidence lineage, recency, and quality scoring
Reproducible outputs and change logs
Canonical machine identity resolution before valuationStructured ingestion of dealer, listing, and auction evidenceDeterministic valuation engine with transparent, versioned adjustments (FX, logistics, duties, utilisation, commercial markups)Governed human review and approvals with timestampsImmutable audit ledger with full evidence lineageEvidence recency and quality scoringReproducible outputs and insurance/finance-ready documentation
Outcome-focused deliverables
What you get
Clear, governed outputs that convert declared values into defensible decisions.
Defensible fair market value range
A justified range reflecting comparable evidence, adjustments, and market context—ready for underwriting, credit, or resale decisions.
Fair and orderly sale assumptions
Comparable-weighted range with notes
Confidence score with rationale
A transparent confidence indicator linked to evidence recency, quality, and fit-to-asset.
Quality and recency scoring
Coverage of jurisdictions and sources
Transparent, versioned adjustments
Explicit, reviewable adjustments applied to each comparable with methodology versioning.
FX, logistics, duties, utilisation, markups
Per-item rationale and change log
Evidence lineage and change log
A full chain-of-custody for every input and decision so auditors can reproduce the result.
Source, date, and jurisdiction metadata
Reviewer actions with timestamps
Reviewer approvals with timestamps
Documented human governance to validate evidence selection, exceptions, and overrides.
Exception handling and notes
Two-step approvals available
Audit-ready report
A compiled report suitable for insurance binders, credit files, and asset registers.
Comparables table and weights
Identity profile and condition notes
Declared value risk
The gap: declared value risk without valuation evidence
Used equipment markets lack authoritative benchmarks. Many policies, loans, and trades rely on declared values that are weakly sourced or outdated. That invites premium distortion, collateral overstatement, and claim-stage dispute exposure.
Worthify closes this gap with market value intelligence grounded in machine identity resolution, multi-source comparables, and explicit adjustments—creating insurance value clarity and price validation that decision-makers can defend.
Business impact of weak values
Premium distortion and underinsurance
Collateral risk and covenant strain
Claim-stage disputes and delays
Resale mispricing and margin leakage
Cross-border FX and duty blind spots
How it works
Five-step price validation workflow
Deterministic, governed, and reproducible from first data point to final report.
1) Identity resolution
Confirm canonical machine identity and context before any pricing logic is applied.
Make, model, series, build spec
Year, serial, hours, options
Condition notes and photos
2) Evidence collection
Ingest multi-source comparables with jurisdiction, date, and source metadata for traceability.
Dealer, listing, and auction data
Market recency and geographic fit
3) Valuation engine
Apply transparent, versioned adjustments with objective scoring of evidence quality and recency.
FX, logistics, duties, utilisation, markups
Comparable weighting logic
4) Governance review
A human reviewer validates comparables, approves or flags exceptions, and records rationale with timestamps.
Exception handling and notes
Two-person review optional
5) Audit and reproducibility
Produce a fair market value range, confidence score, and an immutable audit trail ready for external review.
Evidence lineage and change log
Re-run under same inputs = same result
Governed methodology
Deterministic methodology and governed approvals
Our methodology is versioned and transparent. Each comparable carries explicit adjustments and a reason code. Evidence is scored for recency and quality, and every reviewer action is timestamped and logged.
This is valuation evidence—not a generic appraisal note or a marketplace screen. Re-running the process under the same inputs and methodology version yields the same outputs, enabling consistent audit and internal model validation.
Controls you can audit
Methodology versioning + change logs
Evidence recency and quality scoring
Per-comparable adjustment rationale
Reviewer approvals with timestamps
Immutable evidence lineage and overrides
Reproducible outputs by design
Where it applies
Core use cases
Deploy valuation evidence where declared value risk is highest and governance matters most.
Insurance
Bind policies and execute mid-term reviews with evidence-backed values that reduce claim-stage dispute risk.
Binding, mid-term, claims support
Finance
Support origination, refinancing, and covenant monitoring with collateral values you can defend.
Credit files and audit-ready support
Resale and trade-in
Validate wholesale pricing and inform remarketing strategy with market-aligned comparables.
Trade-in and disposal governance
Fleet asset management
Refresh portfolio values with jurisdiction-aware market evidence to support asset planning and insurance limits.
Periodic market value intelligence
Deliverables
Outputs and deliverables
We deliver a complete evidence pack to support underwriting, credit, audit, and resale decisions. Each report links identity, comparables, adjustments, and governance actions in one auditable record.
Optional insurance-focused views provide replacement value discipline and policy documentation formatted for binders and internal reviews.
Included in every engagement
Fair market value range + confidence score
Comparables table with sources, dates, and weights
Transparent, versioned adjustments with rationale
Canonical identity profile + condition notes/photos
Governance log with reviewer approvals and timestamps
Optional insurance views for policy documentation
Case example
Case example: cross-border wheel loader price validation
A finance team evaluates a used wheel loader purchased in Country A for redeployment in Country B. Worthify resolves the machine’s identity and condition, then ingests dealer and auction comparables across both regions. The valuation engine applies methodology-versioned FX, logistics, and duty adjustments, with quality and recency scoring.
Output: a fair market value range with a stated confidence score and complete evidence lineage. Outcome: the lender documents collateral with valuation evidence, and the insurer binds with valuation confidence—reducing the likelihood of claim-stage dispute.
Governance outcomes
Cross-border FX and duty transparency
Comparable fit validated by reviewer
Confidence score tied to evidence quality
Fully auditable trail for credit and insurance
Submit a machine for review
Share the details to start evidence-based used equipment price validation and receive a defensible, audit-ready fair market value range with clear rationale. Please include: machine type, make, model, year, serial (if available), hours, condition, location, ownership context, and valuation purpose (insurance, finance, resale, or asset management).
Due-diligence ready
Price validation FAQs
Practical answers for insurers, lenders, brokers, owners, dealers, and buyers who need audit-ready valuation evidence.
What data sources and jurisdictions do you support?
We ingest dealer, listing, and auction comparables across major jurisdictions. Each record carries source, date, location, and currency metadata so evidence fit and cross-border adjustments are explicit and auditable.
Which equipment categories are covered?
Earthmoving, construction, mining-support, and industrial mobile equipment, including excavators, wheel loaders, dozers, articulated trucks, graders, telehandlers, compact equipment, compressors, and similar assets.
How do you handle currencies and FX?
FX is applied using methodology-versioned rates with date alignment to each comparable. Cross-border cases include logistics, duties, taxes, and market normalisation where relevant, each with rationale and change logs.
What if market evidence is limited or noisy?
We score evidence for quality and recency, widen the range to reflect uncertainty, and document rationale. Outliers are flagged and either down-weighted or excluded with reviewer notes and timestamps.
How do hours, condition, and location influence value?
Adjustments account for utilisation (hours), condition findings, options, and geographic demand/supply factors. Each adjustment is explicit, versioned, and tied to the comparable it affects.
How are overrides and exceptions governed and logged?
Overrides require reviewer notes and are timestamped. The immutable audit ledger records who changed what, when, and why, preserving evidence lineage for future review.
What does an audit-ready report include?
A fair market value range with confidence score, comparables table with weights, adjustment rationale by comparable, canonical identity profile, and a governance log of reviewer actions with timestamps.
How often can values be refreshed?
As often as your governance requires. Re-runs under the same inputs and methodology version will reproduce the same outputs; refreshed evidence or methodology updates are versioned and logged.