EquipmentWatch Announces Winners of 3rd Annual Highest Retained Value Awards
Atlanta, Ga – (January 22, 2018) – 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.
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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
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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.
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