Two Bobcat models have won the EquipmentWatch 2021 Highest Retained Value (HRV) Award in the Compact Tracked Loaders and Small Skid-Steer Loaders categories, making it the sixth consecutive year that Bobcat machines have won the award.
The EquipmentWatch HRV Awards leverage third-party, unbiased data to identify equipment that is projected to best hold its value over the next five years and are based on an extensive analysis of data records, which determines residual values calculated according to market depreciation standards. The awards cover 30 categories across construction, lift/access and agricultural equipment with its categories capturing the most popular types of equipment based on annual observed market activity.
Using the Fair Market and Forced Liquidation Values contained in the EquipmentWatch Values product, analysts examine year-over-year depreciation, using a proprietary algorithm to predict residual values up to 84 months into the future.
Bobcat won an HRV award five times in the last five years and the win for its T770 compact tracked loader and S590 skid-steer loader this time makes it the sixth year running that the brand has continued its winning streak.
Jarry Fiser, loaders product line director, Doosan Bobcat EMEA, said: “We are honoured that our industry-leading equipment with its legacy of well over 60 years is once again recognized for incredible durability, toughness and reliability, providing owners with unparalleled value for money and uptime. We are also delighted to win awards in two different categories – they are a testament to our commitment to customers, and recognition of the significant work hours and value owners receive from their trusted Bobcat equipment. The Bobcat compact loader range continues to be the market leader – once you have owned a Bobcat machine, there is no reason to make a change.”