JCB Telehandlers have been recognized with the 2021 Highest Retained Value Award (HRVA) from EquipmentWatch.
EquipmentWatch, 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”,
said Ashby Graham, General Manager of Product and Marketing for JCB North America. “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.”
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.
The team continues to react to market dynamics, fine-tune the analysis and expand our database. To see so many repeat winning manufacturers – in light of our deepened insight – is a testament to how well their equipment holds its value.