EquipmentWatch Introduces Heavy Equipment Residual Value Report
EquipmentWatch, a major provider of data, software and insights for the heavy equipment industry, has published its first Heavy Equipment Residual Value Report. It also has launched a consultative service to provide residual values solutions for large-scale customers.
The premium report is included in the subscriptions of current EquipmentWatch subscribers, or can be purchased by non-subscribers for $750. Residual values for construction, lift truck and agricultural equipment are estimated out to five years and represent a percentage of current resale and auction values. The report also sets benchmarks and highlights the top three models by sales in 10 product categories: wheel loaders, crawler excavators, skid-steer loaders, crawler dozers, backhoes, pneumatic lift tire trucks, telescoping boom rough terrain lift trucks, balers, combines and mower/shredders.
Leading brands represented in the data include Case, Caterpillar, Clark, Deere, JCB, Komatsu, Kubota, Massey Ferguson, New Holland and Toyota.
“With this report, EquipmentWatch builds on its 50-year history as the leading validation supplier in the construction and lift equipment markets,” said Garrett Schemmel, managing director of EquipmentWatch. “Powered by the largest sales transaction database in the world, we process nearly $20 billion in transactions each month, supported by the industry’s largest team of analysts. The Residual Value report is our launching point into a deeper set of solutions for those needing reliable, future asset valuations, including the equipment finance, inland marine insurance, OEM remarketing and contractor (equipment manager) segments to name a few.”
In addition to the 10 core equipment categories, EquipmentWatch also tracks more than 1,400 types of equipment and can create custom reports based on its proprietary database and ValueTrend Engine. It also provides individualized consulting services throughout the industry, and publishes critical industry trends and reporting to its EquipmentWatch intelligence site.
To learn more, visit EquipmentWatch.com.
