ATLANTA, Aug. 16, 2017 /PRNewswire/ -- EquipmentWatch, the world's leader in data, software and insights for the heavy equipment industry, today announced the third annual Residual Values Report. This one of a kind 26-page report provides residual value projections through 2022 for construction equipment, lift trucks, agricultural equipment, and commercial trucks, through a partnership with Price Digests. Leading brands represented in the data include Caterpillar, Deere, Volvo, Case, Genie, JLG, SkyJack, Case IH, New Holland, International, and Freightliner. New in this report, is the addition of orderly liquidation values (OLVs).
The Residual Values Report is a valuable resource for equipment managers, dealerships, equipment manufacturers, inland marine insurance, financial institutions and individuals who need reliable future asset valuations to make more informed immediate and long term decisions.
Now Includes OLV Projections Earlier this year, EquipmentWatch established a new industry standard for calculating OLVs in collaboration with partners in the equipment financing and leasing community. This standard was introduced as a new valuation benchmark in EquipmentWatch's Values product. Expanding on that integration, the Residual Values Report includes an easy to use OLV table by equipment type.
"The 2017 Residual Values Report is the industry's best insight into how well different categories and manufacturers of equipment will retain their value in tomorrow's market," says Garrett Schemmel, Vice President, EquipmentWatch. "And the decision to include OLV in this year's report is a testament to our analyst team's commitment to ongoing improvement fueled by customer feedback."
Coverage for 16 Equipment Categories and 48 Individual Models The report also sets benchmarks and highlights the top three models by sales in 16 equipment categories: wheel loaders, crawler excavators, skid steers, compactors, backhoes, self- propelled scissor lifts, pneumatic tire lift trucks, telescoping boom aerial lifts, articulating boom aerial lifts, telescoping boom rough terrain lift trucks, balers, combines, wheel tractors, day cab tractor, sleeper tractor, and cab and chassis.
For the past two years EquipmentWatch has recognized outstanding model series with the Highest Retained Value Awards – the industry's only award based on residual values of heavy equipment. EquipmentWatch also provides individualized consulting services throughout the industry, a residual values application, and publishes critical industry trends and reporting to its EquipmentWatch Intelligence site, intel.equipmentwatch.com.
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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