Valuation for railway vehicles

HEROS Helvetic Rolling Stock GmbH offers operators, financial institutions and leasing companies individual consultation and the calculation of fair vehicle values and vehicle market values through vehicle valuation reports.

The goal of a vehicle valuation report is to systematically determine the technical value and time-related market value of a railway vehicle and derive them as a factor of individual boundary conditions. Calculating these railway vehicle values is one of the core competencies of HEROS Helvetic Rolling Stock GmbH. As a specialist for used rail vehicles, HEROS has detailed know-how on the value-determining factors that affect the value of railway vehicles over the medium and long term from a technical standpoint and with respect to usability. For these estimates, HEROS can fall back on its broad market knowledge, which is continuously kept up-to-date through the purchase and sale of used railway vehicles in large quantities.

The time-related depiction of the vehicle value of locomotives, passenger coaches and multiple units through vehicle valuation reports is a great help to the operators or owners of railway vehicles when assessing their status, providing information on the conditions and residual value risks within a vehicle’s lifetime and showing decisive points for analysing and assessing the effects of different strategies for use, maintenance and modernisation measures with respect to railway vehicles. The resulting residual values – according to specifically defined points in time – give an operator or owner the possibility of determining its individual decisions and times to take action.

The HEROS group calculates the value development over the lifetime of the vehicle based on different characteristics from the operation and inspections performed on the vehicle. The vehicle valuation reports of HEROS Helvetic Rolling Stock GmbH do not only refer to the time of the inspection, but also predict a technically substantiated forward projection of the value development in future based on jointly agreed-upon boundary conditions.

For operators or owners planning to sell vehicles in the foreseeable future, HEROS also includes the market values of the railway vehicles in its vehicle valuation reports as needed. To this end, HEROS advises and assists the owners of the vehicles with respect to market and market development estimates and systematic forward planning for promising use. The objective is to convert residual value risks into residual value opportunities.

For specific questions, please contact us at



References for Vehicle Valuations

HEROS Helvetic Rolling Stock GmbH has created vehicle valuations for the following operators and customers in recent years:



  • Country: Switzerland
  • Year: 2014
  • Customer: Cideon Engineering
  • Description: Vehicle valuation of passenger coaches


  • Country: Switzerland
  • Year: 2013
  • Customer: Stadler
  • Description: Vehicle valuations for railway vehicles