“Kobelco’s commitment to quality and innovation increases job site productivity and efficiency so that our customers can be more profitable. Receiving the Lowest Cost of Ownership Award is a great honor, and further reinforces our dedication to building excavators that are leaders in the industry,”

said Dan Collins, Product Marketing Manager at Kobelco USA.

The EquipmentWatch Lowest Cost of Ownership award program leverages third-party, unbiased, data to identify equipment that is projected to offer the lowest cost of ownership in the next five years.

The total cost of ownership looks beyond the initial acquisition price to consider the value and profitability of the equipment over its entire life cycle. The ranking methodology for this award considers many factors over a machine’s life cycle, including anticipated equipment costs as well as operational costs like maintenance, fuel expenses, and repairs.

Kobelco excavators come standard with a variety of features that add value and lower the total cost of ownership for the customer. Exclusive benefits include a heavy-duty boom, arm, and undercarriage for superior durability, advanced telematics, and best-in-class fuel consumption. With high-quality construction and low-cost maintenance, Kobelco excavators are as cost-effective as they are dependable.

Jessica Carr, Director of Data and Analytics at EquipmentWatch, said:

“The EquipmentWatch analysts are excited to mark the fourth year of the Lowest Cost of Ownership awards. The team continues to react to market dynamics, fine-tune the analysis, and expand our database.”

EquipmentWatch is the trusted source for heavy equipment data and intelligence. 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.

Kobelco Construction Machinery USA offers industry-leading crawler excavators in the 3,000 lb. to 185,000 lb. classes including zero tail swing, compact, standard, long reach, high and wide undercarriages, mass excavation, auto recycling, and demolition models. Well-known as the excavator authority, Kobelco is committed to producing quality machines with advanced productivity-boosting features and innovative technologies. With premier capabilities such as no time limit power boost and exclusive independent travel, Kobelco machines ensure superior performance and efficiency for the toughest worksite challenges.

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Bobcat Company announced it has received two EquipmentWatch 2021 Highest Retained Value Awards for Compact Track Loaders and Small Skid Steer Loaders. These are the only awards in the industry that leverage third-party, unbiased data to identify equipment that is projected to best hold its value or offer the lowest cost of ownership over the next five years. This is the sixth consecutive year that Bobcat has won an EquipmentWatch Highest Retained Value Award.

“We are honored that our industry-leading equipment is once again recognized for incredible durability, longevity, and reliability, providing operators with unparalleled uptime. Once you own a Bobcat machine, there will be no going back. These awards are a testament to our commitment to customers, and recognition of the significant work hours and value owners receive from their trusted Bobcat equipment,”

says Sarah Peckskamp, product marketing manager – loaders for Doosan Bobcat.

The EquipmentWatch awards are based on an extensive analysis of data records, which determines residual values calculated according to market depreciation standards. The Highest Retained Value winners represent product class categories within equipment types projected to retain the highest percentage of original value after a five-year period.

Using the Fair Market and Forced Liquidation Values contained in the EquipmentWatch Values product, analysts examine year-over-year depreciation for more than 12,000 models with up to 30 model years of values. Using a proprietary algorithm, the team is able to predict residual values up to 84 months into the future.

Winners were announced at a recent press conference during the World of Concrete 2021 trade show in Las Vegas, Nevada.

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JCB Telehandlers have been recognized with the 2021 Highest Retained Value Award (HRVA) from EquipmentWatch.

EquipmentWatch, the world leader in software and insight for the heavy equipment industry, project JCB Telehandlers to have higher retained values over the next five years compared to competing brands. EquipmentWatch awards are the only industry award programs that leverage third-party, unbiased data to identify outstanding equipment.

JCB Telehandlers are expected to have a 5-year retained value of 85.9%.

“We are proud to be recognized by EquipmentWatch, a company continuously using data to redefine industry standards. It is important to see our equipment performing so well in the industry. These awards reinforce to our customers that JCB offers high-quality equipment that holds value throughout the course of its lifetime,”

said Ashby Graham, General Manager of Product and Marketing for JCB North America.

JCB invented the telescopic handler in 1977 and to this day is the world’s best-selling brand of telehandlers whose robust design has led to its ability to retain the highest value in the industry. The JCB telehandler was also awarded the 2018 EquipmentWatch Highest Retained Value Award.

Winners were announced at a press conference during the World of Concrete 2021 trade show in Las Vegas, NV. Visit EquipmentWatch for more details.

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