Nationwide used equipment sales, in auction and resale, dropped 0.4 percent in June compared to May, according to the latestIndex. The only region that posted an increase was the Midwest, where prices increased 1.2 percent compared to May. Meanwhile, the average age of equipment decreased in both resale and auction markets, by two and four months respectively.
The June report includes a look at age benchmarks by equipment category and by manufacturer.
The free reports, including first quarter analysis of the auction and resale markets, can be downloaded free at: http://www2.equipmentwatch.com/report-library
Also for EquipmentWatch subscribers, second half of 2014 rental rates for all volumes and the Custom Cost Evaluator are now available online. Updated rates for, trucks, tractors, road maintenance equipment are available. Rental Rate Blue Book and CCE online now cover more than 17,000 models.
For more information, go to www.equipmentwatch.com.