December Used Equipment Values Increase, Rouse Report Asserts

Feb. 4, 2011
For the month ended Dec. 31, 2010, the Rouse Value Index of Orderly Liquidation Values for used equipment in the 14 major rental equipment categories as defined by Rouse Asset Services increased 2.3 percent compared with November values. For the six-month period ended December 31, average index values increased 4.3 percent. One-month value increases ranged from 1.9 percent for wheel loaders to 8.4 percent for hi-reach forklifts. Scissorlifts and telescopic booms remained essentially unchanged.

For the month ended Dec. 31, 2010, the Rouse Value Index of Orderly Liquidation Values for used equipment in the 14 major rental equipment categories as defined by Rouse Asset Services increased 2.3 percent compared with November values. For the six-month period ended December 31, average index values increased 4.3 percent. One-month value increases ranged from 1.9 percent for wheel loaders to 8.4 percent for hi-reach forklifts. Scissorlifts and telescopic booms remained essentially unchanged.

For the six-month period, all 14 categories increased, including generators up 10.2 percent, and rolling compaction equipment 9.4-percent higher.

The major North American equipment rental companies tracked by Rouse sold 11.2-percent more fleet in the fourth quarter of 2010 than in the same period of 2009, as measured by original equipment costs. Auction sales decreased from 33.9 percent of fourth-quarter sales in 2009 to 21.5 percent of fourth quarter sales in 2010. Dealer trade-ins increased from 15.4 percent in Q409 to 27.1 percent in Q410.