Recently, Bobcats T770 Compact Track Loader and S590 Skid Loader won the EquipmentWatch 2021 Highest Value Preservation Award (HRV). This is the sixth consecutive year that Bobcats have won the EquipmentWatch HRV Award. It is understood that the award relies on the third-party data to predict the award of the equipment that can best maintain its value in the next five years.
EquipmentWatch HRV is based on the analysis of product data, and then calculates the residual value rate of equipment according to the market depreciation standard. Using proprietary algorithms, EquipmentWatch can predict the residual value of equipment in the next 84 months at most.
The EquipmentWatch HRV award covers 30 fields such as construction equipment and agricultural equipment. EquipmentWatch will select awards according to the most popular equipment observed in the market every year. (Source: EARTHMOVERS)
