September 18, 2009
CASE IH TRACTOR CAPTURES TOP HONORS IN FIRST-EVER IRON SOLUTIONS OFFICIAL GUIDE HIGHEST RESIDUAL VALUE AWARDS
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RACINE, Wis. - The Case IH Steiger STX380 tractor received the first-ever IRON Solutions Official Guide Highest Residual Value Award in recognition of having the highest value retention in the 4WD tractor category.
The award was presented at the 2009 Farm Progress show by IRON Solutions Inc., North America's largest compiler of actual transactional sales data for agricultural equipment. The Official Guide Highest Residual Value Awards are based on unbiased analysis of more than four hundred 2006 model-year machines with the highest residual value in the market after three years of service when compared to the original selling price. The honors were bestowed on models in seven classes of tractors and five classes of combines.
Residual value data from IRON Solutions are unique in that analyses are based on actual transactions, which is why its reports are the most trusted in the industry.
IRON Solutions tracks more than 4,400 total tractor and combine models each year. Its prestigious awards are based on nearly $4 billion in annual equipment sales transactions that are provided to IRON Solutions through independent sources including end-users, dealers, manufacturers, auctions and finance companies.
IRON Solutions values are based on highly detailed sales transaction data, which includes equipment options, machine condition, model year and other important attributes. This extensive collection of data is processed, researched and reviewed by an expert team of analysts to provide an accurate account of equipment values.
Awareness of this information benefits manufacturers and customers, as residual value is a key indicator of both the ag equipment owner's perception of quality for an individual model and the overall strength and vitality of the manufacturer and distribution channel.
IRON Solutions has data records dating back as far as 1937, when the first tractor and combine guide was published. IRON Solutions is the recognized authority for supplying the gold standard in used equipment valuation information to equipment dealers, financial institutions, insurance companies and government agencies through Dealer Editions of the Official Guide.
About IRON Solutions, Inc.
IRON Solutions, Inc. (www.IRONsolutions.com) is the leading source of Equipment Market IntelligenceTM for used agricultural, industrial and outdoor power equipment. IRON Solutions provides an integrated portfolio of services to manufacturers, dealers, producers and finance companies who want to make business-critical decisions, informed by easily accessible and accurate market information. IRON Solutions publishes the Official Guide, the trusted source of the gold standard in equipment valuation data, and www.IRONsearch.com, North America's largest used tractor and equipment Web site.
About Case IH
Case IH is a global leader in agricultural equipment, committed to collaborating with its customers to develop the most powerful, productive, reliable equipment - for those who demand more. With headquarters in the United States, Case IH has a network of dealers and distributors that operates in over 160 countries. Case IH provides agricultural equipment systems, flexible financial service offerings and parts and service support for professional farmers and commercial operators through a dedicated network of professional dealers and distributors. Productivity enhancing products include tractors; combines and harvesters; hay and forage equipment; tillage tools; planting and seeding systems; sprayers and applicators; site-specific farming tools and utility vehicles. Case IH is a brand of CNH (NYSE: CNH), a majority-owned subsidiary of Fiat Group (FIA: MI).
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For more information, call 1-877-4CASEIH or visit us on the World Wide Web at http://www.caseih.com/na.
