EquipmentWatch is pleased to announce the 2022 Highest Retained Value Award (HRVA) winners. There are 30 award categories covering construction, lift/access, and agricultural equipment, all powered by EquipmentWatch’s database and more than 9 million market observations. The awards are a culmination of more than 100 analyst hours reviewing and ranking more than 27,000 models.
Retained Value
Retained values are what you can anticipate a piece of equipment to be worth after a given period. For EquipmentWatch’s HRVA awards, the timeframe chosen is five years, so the retained values shown here are the anticipated values for a piece of equipment five years from now.
Retained values are often related to the concept of depreciation, which is a measure of how far a piece of equipment’s value decreases over time. Retained values are an integral part of equipment purchase and maintenance. At every step, from the rent/buy decisions to leasing operations and fleet management, knowing and understanding retained values can provide powerful insights into the optimal choice.
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