INDICA V2 LSaichappraisers.com/valuationreports/JAN2017/OR/... · 2017. 2. 4. · VALUATION REPORT...
Transcript of INDICA V2 LSaichappraisers.com/valuationreports/JAN2017/OR/... · 2017. 2. 4. · VALUATION REPORT...
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AAAV/TMFL/OR/VV-1564/16-17
Ref: AAAV/TMFL/OR/VV-1564/16-17 Date: 25.01.2017 VALUATION REPORT – TATA INDICA V2 LS CAR Purpose Value of Repossessed
Asset HMR/KMR 249678 Kmrs.
Bank / Valuation for Tata Motors Finance Ltd.
Chassis No. MAT600434BPE36673
Contract No. 5000797136 Engine No 14CRAIL08EYYW12418 Request from TMFL RC NO OR02BS7917 Asset Make TATA Inspector Nirmal Sahoo Asset Model INDICA V2 LS CAR Location Lectronics Stock Yard,
Bhubaneswar, Orrisa Year of mfg 2011 RC Status Not available Repossession Date 29.12.2016 Inspection Date 24.01.2017 RC & Fitness Valid NA Tax Status NA
Assessed Fair Market Realization Value Rs. 0.37 Lacs (Rupees Thirty Seven Thousand only).
* - Parking charges extra as applicable.
COST TO BIDDER BUYER
/BIDDERSMARGIN
WARRANTY
COST
TRANSPORATION
COST
RTO
EXPENSES
INSURANCE
COST
TAXES +
PENALTY
REFURB
COST
PARKING
CHARGES
TOTAL
COST
20000 7500 1500 20000 7000 0 2000 1420 58000
Asset Description
Assessors Parameter Condition
Engine
Silencer Average
Abnormal Engine Noise Average
Plugs Not applicable
Oil Average
Radiator/Condenser Average
Oil Leakage Found. Rs. 1000/-
Fan Belts Average
Filters Average
Suspension Suspension Noise While Driving Front & Rear
Average
Steering
Steering Lock Available
Wheel Alignment/ Balancing/ Wobbling
Average
Steering Operation Average
Brakes Pedal Operation Average
Brakes and Hand Brake Average
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AAAV/TMFL/OR/VV-1564/16-17
Transmission Gear Engagement Average Differential And Crown Rear Wheel Drive
Appears to be average. Rs. 1000/-
Electrical
Instrument Cluster - Warning Lights/Gauges
Average
Alternator Average
Fuel Pump Average
Battery Condition Average
Starter Motor Average
AC Function Cooling Average
Heating Average
Exterior
Frame/Underbody Average.
Wind screen Average
Wiper Blades Average
Indicators Average
Headlights Average
Internal & Rear View Mirrors Average
Tail Lights Average
Interiors
Power Windows Front Not applicable
Central Locking Not applicable
Toolkit Not available
Power Windows Back Not applicable
Condition of Seats Average
Horn Average
Roof Wear & Tear Average
Headlamp/Indicator Switches Average
Tyre Condition
Wheel-Right Front Average
Wheel-Right Rear Average
Wheel-Left Front Average
Wheel-Left Rear Average
Wheel Stephaney Average
Accessories
Seat Covers Available
Fog Lamps Available
Music System Available
Floor Mats Available
Speakers Available
Tipping Systems Not applicable
Odometer 249678 Kmrs.
Rating 10
Overall Condition of the Vehicle
Average for Transportation & Plying. Overall condition of the vehicle is in average running.
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AAAV/TMFL/OR/VV-1564/16-17
The above mentioned unit is checked by us at, Lectronics Stock Yard, Bhubaneswar, Orrisa on 24.01.2017 without opening and dismantling any inner side or component (without disturbing its present condition). In inspection the vehicle is in average running condition. The wheels are found in average condition. Overall function found ok and worthy. For the above said (used and Semi worn / torn) Vehicle, the Monetary value comes in Rupees Thirty Seven Thousand considering the age, depreciation factors, indexes of P/M valuation, wear and tear, technical obsolescence, commercial obsolescence etc. and with the comparison of used car market. No discrepancy is found on the chassis and engine mismatch.
Assessed Fair Market Realization Value Rs. 0.37 Lacs (Rupees Thirty Seven Thousand only).
INDRANIL AICH CHARTERED ENGINEER /APPROVED VALUER FIV 318328 THE INSTITUTION OF ENGINEERS (INDIA), BE PRODUCTION MRICS MEMBERSHIP NUMBER MRICS1267050 MIE- MEMBERSHIP NUMBER M132302-9 PANEL ARBITRATOR ICA UNDER FICCI Signatures__________________
Note:
- As per IVSC (International Valuation Standards Committee) 2011- the standards w.e.f 01.01.2012, IVS 220 Plant and Equipment is applicable to this asset.
- The Valuation concludes on same day after Physical Inspection and without Prejudice. - The report is confidential to Tata Motors Finance Ltd. - The legal matter is solicited by Financier’s Solicitor. - Financier / Banker is suggested to check the ownership and free-hold interest of the
equipment priority basis before approving any Loan / Advance, sale of Repossessed Asset or any other activity entailing exchange of revenue.
- The Valuer is asked for “Normal Physical Market Value” – only of the specified equipment, on the basis of his / their Professional Qualification & Experience.
- Cost to the bidder is an estimation only and is delinked to IVSC standard’s and given on request of the finance.
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AAAV/TMFL/OR/VV-1564/16-17