# EquipmentWatch Introduces First Annual Lowest Cost of Ownership Awards

- **Published:** 2017-10-10
- **Edition:** National
- **Source:** Construction Equipment Guide
- **Authors:** Construction Equipment Guide
- **URL:** https://www.constructionequipmentguide.com/equipmentwatch-introduces-first-annual-lowest-cost-of-ownership-awards/36812
- **Tags:** Bobcat, Business News, Case, Caterpillar, Doosan, Dressta, Dynapac, Gehl, Hamm, Hyundai, JCB, John Deere, Kawasaki, Komatsu, Kubota, Link-Belt, Mauldin, New Holland, Sakai, Terex, Volvo

## Summary


## Article

EquipmentWatch, the world's leader in data, software, and insights for the heavy equipment industry, announced the nominees for the first annual Lowest Cost of Ownership Awards.

The Lowest Cost of Ownership Awards are the industry's only accolade of its kind, based on empirical data regarding the long-term cost of heavy equipment. Nominees are recognized within 15 categories for model series that exhibit the lowest cost of ownership over a five year span.

“There are two superlatives the heavy equipment industry looks at when it comes to optimal purchasing decisions – residual value and total cost of ownership,” said Garrett Schemmel, vice president, EquipmentWatch. “Our Highest Retained Value Awards program addressed the former, but until now no one has provided buyers with objective, third-party information regarding true cost of ownership. As the FHWA endorsed and publicly recognized standard for ownership and operating cost data, this new award was a natural extension of our mission to help contractors make informed equipment decisions.”

Five year total cost of ownership is calculated according to established Rental Rate Blue Book calculations and methodologies, leveraging EquipmentWatch's industry-leading residual values and utilization benchmarking. These products provide detailed benchmarks and estimates spanning the economic life of over 17,000 models across the spectrum of heavy construction equipment.

EquipmentWatch eagerly anticipates announcing the Lowest Cost of Ownership Award winners at the first annual customer conference, Traction: The Data-Driven Heavy Equipment Conference, taking place Nov. 7 and8, 2017 at the Loews Hotel in Atlanta, Ga. Traction is the heavy equipment industry's largest gathering of thought leaders - bringing together construction companies, financial institutions, equipment dealers and manufacturers for two transformational days that will shape the future of the industry.

The awards luncheon takes place on Wednesday, Nov. 8 at 12 p.m. EST.

## **2017 Finalists**

## **Backhoes**

Deere 310

Kubota B26

Deere 410

Caterpillar 420

Caterpillar 430

## **Dozers Track Large**

Komatsu D85

Dresser TD20

Komatsu D275

Deere 950

Caterpillar D7

## **Dozers Track Small**

Caterpillar D3

Case 1150

Dressta TD10

Case 650

Deere 850

## **Drum Compactors**

Sakai SV201

Dynapac CA141

Dynapac CA121

Volvo SD45

Hamm 3205

## **Excavators Compact**

JCB 8018

Yanmar VIO17

Case CX27

Kubota KX71

New Holland E27

## **Excavator Crawler Large**

Case CX700

Link-Belt 700

Caterpillar 374

Komatsu PC800

Caterpillar 390

## **Excavators Crawler Medium**

Doosan DX300

Doosan DX350

Komatsu PC290

Volvo ECR305

Deere 290

## **Excavators Crawler Small**

Caterpillar 311

Bobcat E85

Kubota KX080

Caterpillar 312

Case CX80

## **Loaders Compact Track**

Bobcat MT55

Bobcat T110

Caterpillar 257

Caterpillar 287

Kubota SVL75

## **Skid Steer Loaders**

Bobcat S70

Caterpillar 232

Deere 320

Gehl 4240

Komatsu SK714

## **Loaders Wheel Large**

Kawasaki 95

Hyundai HL780

Case 1221

Komatsu WA480

Deere 824

## **Loaders Wheel Medium**

Komatsu WA320

Terex TL210

Caterpillar 938

Case 821

Deere 624

## **Loaders Wheel Small**

Terex TL65

JCB 407

JCB 406

Yanmar V4

Caterpillar 907

## **Motor Graders**

Mauldin MG618

Mauldin MG622

Deere 772

Deere 672

Caterpillar 140

## **Rear Dumps**

Deere 300

Komatsu HM300

Caterpillar 725

Caterpillar 730

Komatsu HM400

For more information, visit www.equipmentwatch.com.

## Photos

![The Lowest Cost of Ownership Awards are the industry's only accolade of its kind, based on empirical data regarding the long-term cost of heavy equipment.](https://dmt55mxnkgbz2.cloudfront.net/1205x0_s3-36812-EquipmentWatchLowest-Cost-Final-pr.jpg)