EquipmentWatch Names Finalists for Highest Retained Value Awards | Construction News

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

 

 

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

 

 

Lift Trucks – Telehandlers

JLG G

Sky Trak Telehandler

Genie GTH

Caterpillar TL

JCB 500

 

 

Lift Trucks – Warehouse Narrow Aisle

Toyota 8F Pneumatic

Komatsu BX

Doosan Pro 5

Hyster H

Caterpillar GP

Hyster S