Data provider EquipmentWatch announced the third annual Residual Values Report. The 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 and Freightliner. New in this report is the addition of orderly liquidation values.
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.
Earlier this year, EquipmentWatch established a new 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 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,” said Garrett Schemmel, vice president of 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.”
The report also sets benchmarks andhighlights the top three models by sales in 16 equipment categories: wheel loaders, crawlers excavators, skid-steers, compactors, backhoes, self-propelled scissorlifts, pneumatic tire lift trucks, telescoping boom aerial lifts, articulating boom aerial lifts, telescoping boom rough terrain lift trucks, balers, combines, wheel tractors, day cab tractors, sleeper tractors, and cab and chassis.
The premium report is included in the subscriptions of current EquipmentWatch Values subscribers. It can be purchased by non-subscribers for $995. For more information, visit: https://equipmentwatch.com/downloads/2017-residual-values-report/.
