EquipmentWatch published its first Heavy Equipment Residual Value Report, which supplies the industry’s first source of precise, data-driven residual values. Additionally, EquipmentWatch has launched a new consultative service to provide residual values solutions for large-scale customers, also a first in the industry.
The premium report is included in the subscriptions of current EquipmentWatch Values subscribers, but is also purchasable 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 (FMV) and auction (FLV) value. The report also sets benchmarks and highlights the top three models by sales in 10 product categories (wheel loaders, crawler excavators, skid steers, crawler dozers, backhoes, pneumatic tire lift trucks, telescoping boom rough terrain lift trucks, balers, combines and mowers/shredders).
Leading brands represented in the data include Caterpillar, Deere, Komatsu, Case, Clark, Toyota, JCB, Massey Ferguson, New Holland and Kubota.