EquipmentWatch Announces Lowest Cost of Ownership Awards Winners - EquipmentWatch

EquipmentWatch Announces Lowest Cost of Ownership Awards Winners

Winners announced at 1st annual customer conference, Traction

Atlanta, Ga – November 8, 2017 – Today, EquipmentWatch named the winners of the 2017-2018 Lowest Cost of Ownership Awards. The announcement was made during the awards ceremony held during EquipmentWatch’s 1st annual customer conference, Traction.

The winners represent the models, within their respective equipment types, with the lowest five year total cost of ownership and were identified using proprietary EquipmentWatch Ownership Cost data. The Lowest Cost of Ownership Awards are the latest installment in the EquipmentWatch Awards program, joining the Highest Retained Value Awards, a data-driven recognition of the best residual values in the industry.

“We’re excited to launch the Lowest Cost of Ownership Award, with the goal of helping equipment buyers objectively understand the best performing machines,” says Garrett Schemmel, vice president, EquipmentWatch. “The LCO Award provides clarity to a critical question that owners of equipment have long wanted answered.”

Five year total cost of ownership is calculated according to established Rental Rate Blue Book calculations and methodologies, leveraging EquipmentWatch’s industry-leading residual values and utilization benchmarking. These products provide detailed benchmarks and estimates spanning the economic life of over 17,000 models across the spectrum of heavy construction equipment.

Over 200 individuals attended Traction: The Data-Driven Heavy Equipment Conference in an intimate and fast-paced setting at Atlanta’s Loews Hotel. The conference hosts the largest gathering of thought leaders in the equipment industry, including equipment managers and contractors, OEMs, dealers, lenders and insurance carriers.

The awards luncheon takes place on Wednesday, November 8 at 12:00 p.m. EST.

2017-2018 Lowest Cost of Ownership Winners

Backhoes: Deere 310 Series

Dozers, Large Track: Komatsu D85 Series

Dozers, Small Track: Caterpillar D3 Series

Drum Compactors: Sakai SV201 Series

Excavators, Compact: JCB 8018 Series

Excavators, Large Crawler: Case CX700 Series

Excavators, Medium Crawler: Doosan DX300 Series

Excavators, Small Crawler: Caterpillar 311 Series

Loaders, Compact Track: Bobcat MT55 Series

Skid Steer Loaders: Bobcat S70 Series

Loaders, Large Wheel: Kawasaki 95 Series

Loaders, Medium Wheel: Komatsu WA320 Series

Loaders, Small Wheel: JCB 407 Series

Motor Graders: Mauldin MG618 Series

Rear Dumps: Deere 300 Series

# # #

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 Contact:
Greg Lutz
Director, Marketing
(770) 618 – 0132
[email protected]