EquipmentWatch announces 2021 Award winners
EquipmentWatch announced the winners of the 2021 Highest Retained Value (HRVA) and Lowest Cost of Ownership (LCO) award programs at the World of Concrete 2021 trade show.
These are the only industry awards that leverage third-party, unbiased, data to identify equipment that is projected to best hold its value or offer the lowest cost of ownership in the next five years, EquipmentWatch reports.
For more than 60 years, EquipmentWatch has served contractors, equipment manufacturers, dealers, rental companies, lenders, insurers, and government agencies involved in heavy civil construction. EquipmentWatch owns The Rental Rate Blue Book.
This is the sixth year that EquipmentWatch has published their results. Here are the leaders in each equipment type:
Highest Retained Value
|
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|
Category |
OEM |
5-YEAR |
|
Backhoes |
Caterpillar |
56.00% |
|
Large Track Dozers |
Caterpillar |
74.80% |
|
Small Track Dozers |
Komatsu |
54.20% |
|
Drum Compactors |
Caterpillar |
54.40% |
|
Compact Excavators |
Caterpillar |
60.70% |
|
Large Crawler Excavators |
Komatsu |
46.30% |
|
Medium Crawler Excavators |
John Deere |
50.80% |
|
Small Crawler Excavators |
John Deere |
61.50% |
|
Compact Track Loaders |
Bobcat |
52.90% |
|
Large Skid Steer Loaders |
Hagie |
35.60% |
|
Small Skid Steer Loaders |
Bobcat |
43.50% |
|
Large Wheel Loaders |
Volvo |
33.20% |
|
Medium Wheel Loaders |
Volvo |
53.70% |
|
Small Wheel Loaders |
Caterpillar |
84.30% |
|
Motor Graders |
John Deere |
34.90% |
|
Rear Dumps |
Volvo |
69.80% |
|
Tandem Drum Compactors |
Caterpillar |
57.00% |
|
Articulating Boom Lift |
Genie |
57.00% |
|
Telescopic Boom Lift |
Genie |
79.40% |
|
Electric Scissor Lifts |
MEC Aerial Work Platforms |
73.90% |
|
Enigine-Powered Scissor Lifts |
Genie |
50.00% |
|
Telehandler Lift Trucks |
JCB |
85.90% |
|
Warehouse Narrow-Aisle Lift Trucks |
Toyota |
57.40% |
|
Lowest Cost of |
|||
|
Category |
OEM |
Avg. Annual Use Hours |
Average MSRP |
|
Backhoes |
Kubota |
162 |
$36,373 |
|
Articulating Boom Lifts |
Genie |
49 |
$91,371 |
|
Telescopic Boom Lifts |
Skyjack |
378 |
$89,963 |
|
Large Track Dozers |
John Deere |
719 |
$355,658 |
|
Small Track Dozers |
Komatsu |
613 |
$218,853 |
|
Drum Compactors |
Hamm |
163 |
$95,474 |
|
Electric Scissor Lifts |
JLG |
38 |
$41,843 |
|
Compact Excavators |
Takeuchi |
143 |
$48,359 |
|
Large Crawler Excavators |
Link-Belt |
1120 |
$534,345 |
|
Medium Crawler Excavators |
Kobelco |
698 |
$277,369 |
|
Small Crawler Excavators |
Caterpillar |
225 |
$202,543 |
|
Telehandler Lift Trucks |
Sky Trak |
290 |
$82,248 |
|
Compact Track Loaders |
Takeuchi |
306 |
$84,545 |
|
Large Skid Steer Loaders |
John Deere |
431 |
$49,636 |
|
Small Skid Steer Loaders |
New Holland |
424 |
$34,165 |
|
Large Wheel Loaders |
Case CE |
633 |
$339,572 |
|
Medium Wheel Loaders |
Komatsu |
890 |
$181,668 |
|
Small Wheel Loaders |
Volvo |
476 |
$132,881 |
|
Motor Graders |
Caterpillar |
620 |
$341,301 |
|
Rear Dumps |
John Deere |
1314 |
$662,995 |
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