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Used Equipment Price Index Rises 8.3% Over 2007 Peak

June 01, 2015, 07:00 AM
Filed Under: Rental News

The April Rouse Value Index™ for used equipment prices increased to 46.9, up 0.6% from March values. This is 8.3% higher than the prior peak period of 43.3 in April 2007, and 58.0% 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.

April auction sales of rental and construction equipment tracked by Rouse averaged 6.0% lower than Rouse March FLV values. Rouse recorded 2,247 units that sold at 20 separate auction sales conducted across North America. The units represented a combined FLV (as of March 31st) of $47.8 million and generated $44.9 million of gross auction proceeds.

To read the full May 2015 Rouse Rental Report, click here.

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