Price Digests, the leading B2B provider of vehicle data for more than 100 years, announced finalists for the first annual Price Digests Highest Retained Value Awards, a new industry awards program based on residual values for commercial trucks. Winners will be announced November 7, 2018.
“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 included 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, can be viewed at https://pricedigests.com/residual-value-awards.
For over 100 years, Price Digests has served the vehicle data needs of the insurance, finance, government, and dealer markets through its portfolio of VIN Decoding, Specs and Market Value data solutions for the commercial truck, passenger vehicle, marine, powersport and recreational vehicle asset classes. Its data solutions are valuable tools in decisions surrounding the purchase, valuation, operation and risk mitigation of assets.