en.Wedoany.com Reported - Equipment World and EquipmentWatch have jointly launched a construction equipment valuation calculator. This online tool provides resale price estimates for used equipment in seconds, based on resale and auction transaction data from over 15,000 models and nearly 400 manufacturers.
The calculator is applicable to most major product categories and brands, with estimates considering factors such as equipment age, usage, market activity, and regional demand. Users do not need a subscription to use it; simply visit equipmentworld.com/equipment-calculator, enter the equipment year, brand, model, country (United States or Canada), and state to receive a customized price estimate. However, products with limited market data may not return results, and users must log in to EquipmentWorld.com to obtain an estimate. Some testers reported that the tool is quick and easy to use, and provides fairly accurate valuations for older equipment.
“Used equipment prices have experienced significant volatility in recent years. The construction equipment valuation calculator helps contractors leverage millions of verified sales data points to make more informed decisions when buying and disposing of equipment,” said James Hamilton, Product Manager at EquipmentWatch. “By using unbiased third-party fleet valuations, contractors can optimize fleet disposal timing, especially during periods of economic uncertainty,” added Jordanne Waldschmidt, Editor-in-Chief of Equipment World. “These data, combined with Equipment World’s award-winning editorial content, give contractors the confidence to make sound buying and selling decisions.”
EquipmentWatch is the industry's largest equipment database, trusted by leading financial institutions, insurance companies, contractors, and dealers. As the publisher of the Rental Rate Blue Book, EquipmentWatch offers a broader suite of products for contractors, dealers, fleet managers, and financial companies that require customized rates or data based on additional factors such as machine condition or specifications. Interested parties can schedule a free demo with EquipmentWatch. Equipment World and EquipmentWatch are owned by Fusable, a provider of data solutions and news media for the industrial sector.
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