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


Rouse: Used Equipment Values Decline for Twelfth Consecutive Month

June 02, 2016, 06:10 AM
Filed Under: Rental News

The April Rouse Value Index™ for used equipment prices decreased to 43.2, down 0.4% from March values. The decrease is the twelfth consecutive month of declines. The April value is down 7.9% from the mid-2015 peak of 46.9, and is now below the April 2007 peak of 43.3. However, the April 2016 Rouse Value Index™ remains 45.5% higher than the 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 9.3% lower than Rouse March FLV values. Units sold in April (~3,750 units sold at 40 separate auction sales) represented a combined FLV (as of March 31st) of $94.3 million and generated $85.5 million of gross auction proceeds. Categories of equipment prevalent in general rental fleets (e.g., small- and mid-sized earth moving and aerial equipment) averaged 3.8% lower than March FLV values. Heavier equipment  categories (e.g., large earth moving and mining equipment) averaged 12.2% lower than March FLV values.

Read the full May 2016 Rouse Rental Report

Comments From Our Members

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