EquipmentWatch, a leader in data, software, and insights for the heavy equipment industry, has announced the finalists for the second annual Highest Retained Value Awards.
The awards recognize manufacturers in 28 heavy equipment categories – spanning construction, agriculture, and lift/access – for products that show the highest retained value over the last five years.
New categories in 2017 include electric scissor lifts and internal-combustion scissor lifts. John Deere leads all manufacturers with 28 nominations, followed by Caterpillar with 24, and Case (representing both the Case IH and Case Construction Equipment brands) with 18 nominations. First-time finalists include Bell, Claas, Custom Equipment, Haulotte, Kobelco, Kubota, Mayville, Takeuchi, and Terex.
“The ability of an asset to hold its value throughout its service life is, in many ways, the ultimate measure of worth,” says Garrett Schemmel, vice president and market leader, EquipmentWatch. “Now in its second year, the Highest Retained Value Awards are the only industry benchmark that relies on data-driven residual values to confirm and project an asset’s value. This increases confidence in new and used equipment purchases, and ensures buyers that they’re adding a piece of equipment that has historically proven performance and value.”
Residual values are calculated according to market depreciation standards and proprietary algorithms, as well as fair market value (FMV) and forced liquidation value (FLV) records contained in EquipmentWatch Values. Analysts also examine-year-over-year depreciation for more than 12,000 models and up to 20 model years of values.
A full list of categories and finalists – as well as the methodology that determines the winners – can be viewed at EquipmentWatch.com/residual-value-awards.
Winners will be announced February 20, 2017.
2017 Finalists
Each “Series” is defined by a specific model designation/family spanning numerous model years and is not attributed to one specific model.
Lift/Access Equipment
Boom Lift – Articulating | JLG A | Genie Z RT | JLG A Electric | Genie Z Electric | Haulotte HA RT | Bil-Jax XA | Bil-Jax A |
Boom Lift – Telescopic | JLG S | Genie S | Skyjack SJT | Snorkel TB | Haulotte HB |
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Electric Scissor Lifts | JLG ES | Genie GS Electric | Skyjack SJIII | Custom Equipment HB | Mayville ES | Haulotte Compact E | Snorkel S |
I.C. Scissor Lifts | JLG RT | Genie GS RT | Skyjack SJ RT | Haulotte Compact RT | Mayville RT |
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Lift Trucks – Telehandlers | JLG G | Sky Trak Telehandler | Genie GTH | Caterpillar TL | JCB 500 |
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Lift Trucks – Warehouse Narrow Aisle | Toyota 8F Pneumatic | Komatsu BX | Doosan Pro 5 | Hyster H | Caterpillar GP | Hyster S |
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