EquipmentWatch Announces Winners of 3rd Annual Highest Retained Value Awards
ATLANTA, Jan. 22, 2018 /PRNewswire/ -- EquipmentWatch, the world leader in data, software and insights for the heavy equipment industry, has announced the winners of the 2018 Highest Retained Value Awards – the industry's only award based on residual values of heavy equipment. Awards in each category were given to the model/series projected to retain the highest percentage of its original value after a five-year period based on the comprehensive EquipmentWatch market activity database.
Thirty awards were presented in total and announced in Las Vegas alongside the first-day kickoff of World of Concrete. The awards program, in its 3rd consecutive year, recognizes winners in construction, agricultural and lift/access equipment categories. Two new categories were introduced in 2018 – corn headers in the agricultural sector and tandem compactors in the construction sector. Manufacturers taking home multiple awards in 2018 include John Deere (4 awards), Caterpillar (3 awards), Volvo (2 awards), Komatsu (2 awards), CASE IH (2 awards), CASE Construction Equipment (2 awards), and Bomag (2 awards).
"Retained value is one of the primary indicators of overall performance and reliability for any piece of heavy equipment," says Garrett Schemmel, vice president of EquipmentWatch. "We are proud to announce our 2018 winners—each of which represents a world-class product. Models that have received our Highest Retained Value Award should inspire buyer confidence in both new and resale equipment markets."
In order to determine the nominees for the 2018 Highest Retained Value Awards, EquipmentWatch analysts considered more than 12,000 models with up to 20 model years of values. To see a full list of this year's winners, and to learn more about each model series and the program methodology, visit www.equipmentwatch.com/residual-value-awards.
Editor Note: A full list of winners follows below:
2018 EquipmentWatch Highest Retained Value Award Winners
| Award Ordering Info: Manufacturer name, model series, category, subcategory |
| Deere 9 Series Balers |
| Deere 8R Series Tractors, Large, Wheel |
| Deere 870 Series Excavators, Large, Crawler |
| Deere 770 Series Motor Graders |
| Caterpillar D5 Series Dozers, Track, Small |
| Caterpillar 320 Series Excavators, Crawler, Small |
| Caterpillar 980 Series Loaders, Wheel, Large |
| Case IH 4400 Series Corn Headers |
| Case IH Steiger Series Tractors, Track |
| Case CX50 Series Excavators, Compact Track |
| Case SV200 Series Loaders, Skid Steer, Large |
| Volvo L90 Series Loaders, Wheel, Medium |
| Volvo EC380 Series Excavators, Crawler, Medium |
| Komatsu D65 Series Dozers, Track, Large |
| Komatsu WA200 Series Loaders, Wheel, Small |
| Bomag BW211 Series Drum Compactors |
| Bomag BW120 Series Tandem Compactors |
| Snorkel TB Series Boom Lifts, Telescopic |
| New Holland B95 Series Backhoes |
| Massey Ferguson 9500 Series Combines |
| Kubota SVL Series Loaders, Compact Track |
| JLG RT Series I.C. Scissor Lifts |
| JCB 500 Series Lift Trucks, Telehandlers |
| Hyster H Series Lift Trucks, Warehouse/Narrow Aisle |
| Genie GS Electric Series Electric Scissor Lifts |
| Challenger MT500 Series Tractors, Small Wheel |
| Bobcat S100 Series Loaders, Small Skid Steer Track |
| Bil-Jax XA Series Boom Lifts, Articulating |
| Bell B30 Series Rear Dumps |
| Apache AS Series Sprayers, Self-Propelled |
About EquipmentWatch
EquipmentWatch is the trusted source for heavy equipment data and intelligence. EquipmentWatch produces the leading database information products for the construction equipment industry and is the world leader in heavy construction research and serves more than 15,000 professional, high-volume users of construction and lift-truck data. Our products are valuable tools in decisions surrounding the purchase, valuation, operation, and disposal of equipment.
For nearly 50 years, EquipmentWatch has served contractors, equipment manufacturers, dealers, rental companies, lenders and insurers, and government agencies involved in heavy civil construction.
About Informa
EquipmentWatch is part of Informa, the international business intelligence, academic publishing, knowledge and events group. Informa serves commercial, professional and academic communities, helping them connect and learn, and creating and providing access to content and intelligence that helps people and businesses work smarter and make better decisions faster.
Informa has over 7,500 colleagues in more than 20 countries and a presence in all major geographies. It is listed on the London Stock Exchange and is a member of the FTSE 100.
Media Contacts:
Erin C. Kadzis
Product Marketing Manager
EquipmentWatch
Informa
770.618.0123
[email protected]
Bill Elverman
PKA Marketing
262.757.5803
[email protected]
SOURCE EquipmentWatch
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