Penton’s EquipmentWatch Announces 1st Annual ‘Highest Retained Value Awards’ Program

 In Press

Unveils Award Semifinalists; Winners to be Announced in February 2016

ATLANTA, December 10, 2015 – Penton’s EquipmentWatch, the leader in equipment values, data and intelligence for over 50 years, has launched the 1st annual EquipmentWatch Highest Retained Value Awards, a new industry awards program based on asset residual values. The program recognizes the model series with the highest projected future value on the resale market for each equipment type. Winners will be announced online in February 2016.

Today, EquipmentWatch is also unveiling the list of award semifinalists. John Deere, Caterpillar and Komatsu are among the 26 manufacturers of off-highway (construction, lift/access and agriculture) equipment nominated.

“EquipmentWatch is best known for fair market values (FMV) and forced liquidation values (FLV) of heavy equipment,” explains Garrett Schemmel, Managing Director, EquipmentWatch. “Residual valuation has long been a core competency of our consulting analyst team and with the industry’s largest sales database powering our valuations, we recognized that we were in a unique position to create the first set of data-driven awards that acknowledge the OEMs performing best in the secondary market.”

Important for manufacturers, finance companies and end users, market residual values are the projected value of an asset after accounting for depreciation and various market conditions. EquipmentWatch leverages an extensive database of over $700 billion in equipment transactions and the industry-leading ValueTrend Engine to estimate the residual value curves.

Residual values are predicted over a five year period, covering FMV and FLV ranges enabling users to make better decisions concerning equipment purchasing, financing and disposition. Recipients of the EquipmentWatch Residual Value Award will represent the models projected to retain their value best among the competition.

The full list of semifinalists by equipment type:

Loaders, Wheel, Large (>350HP)ConstructionCaterpillar 988 SeriesVolvo L220 SeriesCaterpillar 990 SeriesKomatsu WA600 SeriesDeere 844 Series
Loaders, Wheel, Medium (135-349HP)ConstructionCaterpillar 950 SeriesDeere 544 SeriesVolvo L90 SeriesCaseCE 621 SeriesKawasaki 80 Series
Loaders, Wheel, Small (1-134 HP)ConstructionCaterpillar 900 SeriesDeere 444 SeriesVolvo L70 SeriesCaseCE 621 SeriesHyundai HL740 Series
Loaders, Skid Steer, Large (>1351 lbs)ConstructionBobcat S500 SeriesBobcat S600 SeriesDeere 326 SeriesDeere 328 SeriesCaterpillar 260 Series
Loaders, Skid Steer, Small (1-1350 lbs)ConstructionBobcat S70 SeriesBobcat SR130 SeriesGehl 4240 SeriesMustang 2040 SeriesNew Holland L210 Series
Loaders, Compact TrackConstructionBobcat T190 SeriesBobcat T250 SeriesCaterpillar 289 SeriesDeere 323 SeriesNew Holland C230 Series
Excavators, Crawler, Large (>50.0 MTons)ConstructionCaterpillar 349 SeriesKomatsu PC800 SeriesKomatsu PC650 SeriesDeere 670 SeriesVolvo EC480 Series
Excavators, Crawler, Medium (21.1-50.0 MTons)ConstructionCaterpillar 345 SeriesCaterpillar 330 SeriesDeere 250 SeriesKomatsu PC210 SeriesVolvo EC300 Series
Excavators, Crawler, Small (6.1-21.0 MTons)ConstructionCaterpillar 305 SeriesCaterpillar 312E SeriesDeere 130 SeriesJCB 8000 SeriesKomatsu PC78 Series
Dozers, Track, Large (>190)ConstructionCaterpillar D8 SeriesCaterpillar D7 SeriesKomatsu D155 SeriesKomatsu D65 SeriesDeere 1050 Series
Dozers, Track, Small (1-189HP)ConstructionCaterpillar D6 SeresCaterpillar D5 SeriesDeere 750 SeriesDeere 650 SeriesKomatsu D61 Series
BackhoesConstructionCaterpillar 420 SeriesCaterpillar 416 SeriesDeere 310 SeriesCase 580 SeriesJCB 3CX Series
Motor GradersConstructionCaterpillar 160M SeriesCaterpillar 140M SeriesDeere 770 SeriesVolvo 940 SeriesKomatsu GD655 Series
Rear DumpsConstructionCaterpillar 740 SeriesCaterpillar 725 SeriesVolvo A40 SeriesVolvo A25 SeriesDeere 250 Series
Drum CompactorsConstructionCaterpillar 56 SeriesIngersoll Rand/Volvo SD SeriesDynapac CA SeriesBomag BW SeriesCase SV Series
Tractors, Wheel, Small (1-174 HP)AgricultureDeere 6000 SeriesDeere 7000 SeriesNew Holland (Case IH) TS100CaseIH MX135Fendt (AGCO) 700 Series
Tractors, Wheel, Large (>175HP)AgricultureDeere 8R (8200) SeriesDeere 7R (7200) SeriesCaseIH Magnum 200 SeriesNew Holland T8 SeriesMassey Ferguson (AGCO) 8700 Series
Tractors, TrackAgricultureDeere 9RT SeriesDeere 8RT SeriesChallenger MT800C SeriesChallenger MT700DC SeriesCaseIH Steiger 500 Series
CombinesAgricultureDeere S670 SeriesDeere S680 SeriesCaseIH 8240 SeriesNew Holland CR6.80 SeriesGleaner S7 Series
BalersAgricultureDeere 569 SeriesDeere 469 SeriesNew Holland BR7090 SeriesNew Holland BR7080 SeriesCaseIH RB565 Series
Sprayers, Self-PropelledAgricultureDeere 4000 SeriesCase IH Patriot SeriesDeere R SeriesApache AS SeriesSpraCoupe 4000 Series
Scissor LiftLift/AccessSkyjack 3200 SeriesJLG ES SeriesGenie GS1930 SeriesSkyjack 4600 SeriesJLG RT Series
Boom Lift, TelescopicLift/AccessJLG 600 SeriesGenie S-60 SeriesJLG 400 SeriesGenie S-40 SeriesSnorkel TB Series
Boom Lift, ArticulatingLift/AccessJLG 450 SeriesGenie Z-30 SeriesJLG E300 SeriesGenie Z-40 SeriesJLG 600 Series
Lift Trucks, TelehandlersLift/AccessJLG Tier 4i SeriesSky Trak Telehandler SeriesGehl RS SeriesGenie GTH SeriesCaterpillar TL Series
Lift Trucks, Warehouse/Narrow AisleLift/AccessToyota 8F SeriesKomatsu BX SeriesDoosan Pro 5 SeriesHyster S SeriesCrown RC 3000 Series

About EquipmentWatch
EquipmentWatch is the leading source for heavy equipment data and insights for the contractor, DOT, equipment finance, inland marine insurance and seller/renter communities. With benchmarking products supplying equipment ownership and operating costs, valuations, advertised retail rentals as well as supporting products for sales data mining, year-verification using serial number and specs research, EquipmentWatch provides the most comprehensive product portfolio in the heavy equipment industry.

EquipmentWatch Intelligence is the insights and consulting arm of EquipmentWatch, providing custom reports, analytics and other solutions for the heavy equipment industry.

About Penton
Penton is an innovative information services company that empowers nearly 20 million business decision makers in markets that drive more than 12 trillion dollars in purchases each year. Our products inform with rich industry insights and workflow tools; engage through dynamic events, education and networking; and advance business with powerful marketing services programs. Penton is the way smart businesses buy, sell and grow.

Headquartered in New York, Penton is privately owned by MidOcean Partners and Wasserstein & Co., LP. For more information, visit http://www.penton.com or follow us on Twitter @PentonNow.

Gregory Lutz
Director, Marketing
EquipmentWatch & Price Digests
Penton
Tel: 770 618 0132
[email protected]

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