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EquipmentWatch Names 2017 Highest Retained Value Award Winners

Caterpillar and John Deere tied for most awards won in 2017 with four each

 EquipmentWatch Names 2017 Highest Retained Value Award Winners

EquipmentWatch, a leader in data, software and insights for the heavy equipment industry, has announced it 2nd annual list of Highest Retained Value Award winners – the industry’s only award based on residual values of heavy equipment. Top honors in each category were given to the model/series projected to retain the highest percentage of its original value after five years.

Twenty-eight awards were presented in all, recognizing winners in construction, agricultural and lift/access equipment categories. Caterpillar and John Deere tied for most awards won in 2017 with four each. Caterpillar maintains a slight all-time edge with a total of nine to Deere’s eight accumulated since the program’s inception in 2016.

Only five series continued their 2016 dominance and won again in 2017, a sign that residual values among the most popular types of equipment are very competitive. Repeat winners include Apache (self-propelled sprayers), CASE (backhoes), Gehl (small skid steer loaders), JLG (articulating boom lift), and SkyTrak (Lift Trucks – Telehandlers).

“The Highest Retained Value Award is indicative of excellence across a manufacturing organization,” said Garrett Schemmel, vice president of EquipmentWatch. “Product quality has the most obvious impact on an asset’s performance on the secondary market, but residual values are also highly impacted by brand affinity and fair original pricing. A manufacturer must excel on all three fronts to gain recognition as a Highest Retained Value Award winner.“

While the largest brands (Caterpillar, Deere, Komatsu) continued to dominate certain categories, there were a notable number of specialized manufacturers with product series that showed significantly greater retained value than their competition, such as Bomag, Challenger and Hyundai.

“For purchasers of equipment, there is perhaps no single measurement more influential in the buying decision process,” says Schemmel. “The residual value of an asset will have a significant impact on leasing terms and lifetime ownership costs. Informed buyers do well to weigh value retention heavily when considering equipment acquisition.” 

To create the 2017 Highest Retained Value Awards, EquipmentWatch analysts considered 12,536 models. That list was narrowed down to 156 series from 36 brands. Once the finalists were set, residual values were calculated at the series level by leveraging a database covering more than $412B in market activity in order to identify the winner in each category. To learn more about the winning models and program methodology visit 

2017 EquipmentWatch Highest Retained Value Award Winners

Award Category

Make/Model Series

Backhoe Loaders

Case 580

Balers

New Holland BR

Boom Lift, Articulating

JLG A

Boom Lift, Telescopic

Haulotte HB

Combines

Case IH Axial-Flow 140

Dozers, Track, Large

Deere 850

Dozers, Track, Small

Deere 700

Drum Compactors

Bomag BW211

Electric Scissor Lifts

Custom Equipment HB

Excavators, Crawler, Large

Caterpillar 349

Excavators, Crawler, Medium

Volvo EC350

Excavators, Crawler, Small

Bobcat E85

Excavators, Compact

Volvo EC35

I.C. Scissor Lifts

JLG RT

Lift Trucks, Telehandlers

SkyTrak Telehandler

Lift Trucks, Warehouse/Narrow Aisle

Komatsu BX

Loaders, Compact Track

Kubota SVL90

Loaders, Skid Steer, Large

Caterpillar 262

Loaders, Skid Steer, Small

Gehl 4240

Loaders, Wheel, Large

Caterpillar 980

Loaders, Wheel, Medium

Komatsu WA320

Loaders, Wheel, Small

Hyundai HL740

Motor Graders

Komatsu GD655

Rear Dumps

Caterpillar 740

Sprayers, Self-Propelled

Apache AS

Tractors, Track

Challenger MT800

Tractors, Wheel, Large

Deere 8R

Tractors, Wheel, Small

Deere 5E

Company info

6190 Powers Ferry Rd
Suite 320
Atlanta, GA
US, 30339

Website:
equipmentwatch.com

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