I've been looking hard for a backhoe- CAT, Case, JD or NH for about 3 months and one thing I consistently see with CAT is resale value above the other brands. That tells me they hold their value.
The reason something holds its' value is because buyers believe that even if it's a well used high hour/older machine, it's still worth something. The reason it's still worth something is because that potential buyers think it's still capable of making a profit for its' owner.
CAT seems to be highest resale, followed by about a tie between Case & Deere. NH was the lowest. I found NH's comparably equipped to CAT's that were 5 years newer, cleaner and with thousands less hours for the same or less cost!!!!
All of them are pretty good machines capable of doing a lot of work for many thousands of hours.
When in doubt, follow the money trail.
The reason something holds its' value is because buyers believe that even if it's a well used high hour/older machine, it's still worth something. The reason it's still worth something is because that potential buyers think it's still capable of making a profit for its' owner.
CAT seems to be highest resale, followed by about a tie between Case & Deere. NH was the lowest. I found NH's comparably equipped to CAT's that were 5 years newer, cleaner and with thousands less hours for the same or less cost!!!!
All of them are pretty good machines capable of doing a lot of work for many thousands of hours.
When in doubt, follow the money trail.