June orderly liquidation values for used equipment across 14 major rental categories increased 2.3 percent compared with May values, according to the July construction rental report from Rouse Asset Services. For the six months ending June 30, average index values increased 9.8 percent. All 14 category indices posted one-month value increases, ranging from 0.5 percent for articulating boomlifts to 6.3 percent for wheel loaders.
For the six-month period, all 14 categories increased, including scissorlifts at 19.7 percent, telescopic boomlifts at 23.2 percent, excavators at 12.8 percent, high-reach forklifts up 12.9 percent , and wheel loaders up 23.3 percent.
Meanwhile, capital expenditures on equipment rebounded from low numbers during the past few years to 61.6 percent of 2006 acquisition levels for the first six months of the year. Comparing to recent years, 2007 levels were 74.9 percent of the 2006 high; 2009 purchases plunged to 9.8 percent of the peak and 2010 increased to 21 percent. For full years, 2006 was the peak of the cycle, 2007 purchases were 86.3 percent of the peak, 2008 purchases were 45.2 percent of the high, 2009 levels were 12 percent, and 2010 purchases were 35.1 percent of the 2006 peak.