Equipment Watch from Penton Media recently announced the winners of the first Highest Rated Value Awards. The awards honor manufacturers across 26 different heavy equipment categories for products with the highest residual value over five years, with 15 categories coming from construction.
“Retained value is one of the most powerful measures of quality, performance and longevity for a piece of heavy equipment,” says Garrett Schemmel, vice president & market leader, EquipmentWatch. “A high retained value generally shows that a machine has been successful at the work demanded of it, has presented minimal maintenance issues over its service life, and still presents a high value to buyers on the resale market. Each of these machines represents quality and gives buyers confidence in their investment on both the new equipment and equipment resale/auction markets.”