Price Digests, a business-to-business provider of vehicle data for more than 100 years, recently announced the finalists for the 1st annual Price Digests Highest Retained Value Awards, a new industry awards program based on residual values for commercial trucks.
Winners will be announced Nov. 7.
“For years, our Truck Blue Book analyst team has been working with major financial institutions to calculate reliable residual values for commercial trucks,” said Dan Smith, managing director for Price Digests.
“The Highest Retained Value Awards represent an opportunity for us to share this expertise in truck valuation, a service provided since the 1940s, with the larger trucking industry. It’s a natural extension of our core mission to provide data solutions that drive better asset decisions.”
The awards cover nine categories within Class 4-8 trucks, ranging from medium- to heavy-duty models. Major manufacturers in the list of finalists include Freightliner, Volvo and Peterbilt. Winners will represent the model series in each category determined to retain the highest percentage of their original value over a five-year period.
The full list of 2019 Price Digests Highest Retained Value Award finalists, including the methodology used to determine program winners, is available at pricedigests.com/residual-value-awards.