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EquipmentWatch announces winners of 2019 Awards – highest retained value and lowest cost of ownership

"The goal of the EquipmentWatch awards program is not only to help equipment buyers objectively understand the best performing machines," says Garrett Schemmel, vice president, EquipmentWatch.

EquipmentWatch has announced the winners of the 2019 Highest Retained Value Awards (HRVA) and the 2019 Lowest Cost of Ownership Awards (LCO). The announcement was made in Orlando alongside the first-day kickoff of AED Summit.

Manufacturers taking home numerous awards from multiple years for the same series include: Doosan DX300 (2x LCO for Excavators Crawler Medium), Bobcat S70 (2x LCO for Loaders Skid Steer Small), Case 580 (2x HRVA for Backhoes), Snorkel TB (2x HRVA for Boom Lift Telescopic), Case IH Axial-Flow 140 (2x HRVA for Combines), Deere 800 (2x HRVA for Excavators, Crawler Large), and Deere 8RT (2x HRVA for Track Tractors), and Caterpillar 720 (2x HRVA for Rear Dumps).

"The goal of the EquipmentWatch awards program is not only to help equipment buyers objectively understand the best performing machines," says Garrett Schemmel, vice president, EquipmentWatch. "The program is also designed to recognize manufacturers for building these higher quality, durable, and cost-friendly machines that power our industry. We're proud to announce our 2019 award winners – all of which represent world-class products."

Lowest Cost of Ownership Awards: Outstanding OEMs in 2019's Lowest Cost of Ownership Awards include Deere taking the lead with four total awards, Caterpillar with two awards, Komatsu with two awards, Volvo with two awards, and Bobcat with two awards.

LCO Award winners are determined by EquipmentWatch Costs analysts, who looked at the most popular equipment series observed on the resale channel over a 12-month period in 2018. Series without a model in current production in North America were removed. Only equipment series which consist of at least one model were considered.

Highest Retained Value Awards: Outstanding OEMs in 2019's Highest Retained Value Awards include Caterpillar taking the lead with four total awards, Deere with three awards, Case with two awards, and Komatsu with two awards.

HRVA winners are determined by EquipmentWatch Values analysts, who looked at the most popular equipment series observed on the resale channel in 2018. Series without a model in current production were removed. Only equipment series which consist of at least one model contained in the EquipmentWatch Residual Values software were considered.

Company Info

  • EquipmentWatch

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

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  • John Deere Construction & Forestry

    One John Deere Place
    Moline , IL
    US , 61265

    Since its founding in 1837, John Deere has seen a great many changes in its business, its products, its services. Change always comes with opportunity. And Deere has always been ready and willing to embrace it. Yet, through it all, John Deere is still dedicated to those who are linked to the land – farmers and ranchers, landowners, builders, and loggers. And Deere has never outgrown, nor forgotten, its founder's original core values. Those values determine the way we work, the quality we offer, and the unsurpassed treatment you get as a customer, investor, employee.

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  • Caterpillar Inc.

    100 North East Adams Street
    Peoria , IL
    US , 61629

    For more than 90 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. Customers turn to Caterpillar to help them develop infrastructure, energy and natural resource assets. With 2016 sales and revenues of $38.537 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company principally operates through its three product segments - Construction Industries, Resource Industries and Energy & Transportation - and also provides financing and related services through its Financial Products segment

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  • Case Construction Equipment

    621 State Street
    Racine , WI
    US , 53404

    CASE Construction Equipment sells and supports a full line of construction equipment around the world, including the No. 1 backhoe loaders, excavators, motor graders, wheel loaders, asphalt rollers, soil compactors, crawler dozers, skid steers, compact excavators, compact wheel loaders, compact track loaders, tractor loaders and rough-terrain forklifts. Through CASE dealers, customers have access to a true professional partner with world-class equipment and aftermarket support, industry-leading warranties and flexible financing. More information is available at www.CaseCE.com

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  • Snorkel

    2009 Roseport Road
    Elwood , KS
    US , 66024

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  • Doosan Infracore Construction Equipment America

    250 E Beaton Dr
    P.O. Box 6000
    West Fargo , ND
    US , 58078

    Doosan heavy construction equipment includes large excavators, wheel loaders, and articulated dump trucks. Doosan is a global brand, and part of Doosan Infracore Construction Equipment (DICE), an integrated business organization and subsidiary of South Korea-based Doosan Infracore. With more than 100 dealer locations in North America, Doosan is fast becoming a serious force in heavy construction, known for an unmatched dedication to service and customer uptime, and durable, reliable products. For more information on Doosan heavy equipment, visit www.doosanequipment.com.

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  • Bobcat Company

    250 East Beaton Drive
    P.O. Box 6000
    West Fargo , ND
    US , 58078

    Bobcat Company, headquartered in West Fargo, North Dakota, is a worldwide leader in the manufacturing and distribution of compact equipment. Bobcat® compact equipment includes skid-steer, all-wheel steer and compact track loaders; compact excavators; mini track loaders; VersaHANDLER® telescopic tool carriers; utility vehicles; Toolcat™ utility work machines and attachments. Bobcat is a global brand with more than 550 dealer locations in North America and the leader in compact equipment — the industry’s original innovator, beginning more than 50 years ago with the first compact machine and predecessor to the skid-steer loader. Bobcat is a business of Doosan Bobcat North America.

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