FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / News / Read News


Rouse: May OLVs Exceed April 2007 Levels

July 02, 2014, 06:50 AM
Filed Under: Auction News

The May Rouse Value Index™ for used equipment prices increased to 45.7, up 0.5% from April values. This is 5.6% higher than the prior peak period of 43.3 in April 2007, and 54.0% higher than prior trough period of 29.7 in June 2009. The Rouse Value Index™ measures the average Orderly Liquidation Values for benchmark
models across fourteen major rental category indices on a monthly basis.

During March, achieved rental rates as measured by the Rouse Rate Index™ increased 0.4% on average for the rental companies participating in the Rouse Analytics Rental Metrics Benchmark Service. Rates are up 4.8% relative to March 2013 and up 22% relative to March 2011. March physical utilization is up 3.6% from February.

May auction sales of rental and construction equipment tracked by Rouse averaged 1.7% higher than Rouse April FLV values. Rouse recorded 2,743 units that sold at 33 separate auction sales conducted across North America. The units represented a combined FLV (as of April 30th) of $91.0 million and generated $92.5 million of gross auction proceeds.

To read the full June 2014 Rouse Rental Report, click here.

Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.