JLG Scissor Lifts Recieve 2018 EquipmentWatch Highest Retained Value Award

For the second year in a row, JLG's engine-powered scissor lifts have received the award which is based on residual values for heavy equipment.

Jlg

JLG Industries Inc., an Oshkosh Corporation company and a leading global manufacturer of aerial work platforms and telehandlers, is a 2018 winner in EquipmentWatch’s annual Highest Retained Value Awards program, the industry’s only award program based on residual values for heavy equipment. Jlg 530 Lrt 1

“This is the second consecutive year JLG engine-powered scissor lifts have received this honor, which makes this year’s win that much more exciting,” says Rafael Nuñez, Scissor Lift Product Manager at JLG Industries Inc. “Residual value plays a significant role in buying decisions, as it impacts both leasing terms and lifetime ownership costs. The Highest Retained Value Award recognizes the ongoing efforts at JLG to deliver equipment that provides excellent value over its life cycle – value that is enhanced by our attention to maintenance, service, parts, training, machine reliability, and machine versatility.” 

JLG engine-powered scissor lifts provide a larger work area and, in many instances, higher load capacities than boom lifts, making them ideal for applications requiring more workspace and more lifting capacity. The scissor lifts deliver exceptional terrainability and gradeability, making them easier to maneuver around the roughest job sites. The list of JLG engine-powered scissor lifts includes the 260MRT and LRT Series (330LRT, 430LRT, and 530LRT).

“Retained value is one of the primary indicators of overall performance and reliability for any piece of heavy equipment,” says Garrett Schemmel, Vice President of EquipmentWatch. “We are proud to announce our 2018 winners. Models such as JLG engine powered scissor lifts that have received our Highest Retained Value Award should inspire buyer confidence in both new and resale equipment markets.” 

To determine the nominees for the 2018 Highest Retained Value Awards, EquipmentWatch analysts considered more than 12,000 models with up to 20 model years of values. 

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