May Orderly Liquidation Values for used equipment across 14 major rental categories tracked by Rouse Asset Services increased 0.7 percent compared with April values. For the six months ending May 31, average index values increased 9.7 percent. None of the 14 categories showed one-month index value increases, ranging from 0.2 percent for rolling compaction equipment to 6.2 percent for scissorlifts.
For the past six months, high-reach forklifts increased 19.9 percent, telescopic boom lifts jumped 18.7 percent in value, wheel loaders increases 18.4 percent and scissorlifts leapt 18.2 percent. Excavators increased 13.8 percent for the past six months, and rolling compaction equipment jumped 10.2 percent. Articulating boomlifts increased 7.9 percent, industrial forklifts 7.8 percent, skid-steer loaders 7.8 percent, dozers increased 6.5 percent and air compressors 5.2 percent.
In May aerial work platforms were the top-selling category by rental companies at 25 percent, with high-reach forklifts at 10 percent. The “other” category totaled 23 percent, which does not include generators, air compressors and most earthmoving categories. For the past 12 months, aerial work platforms was the top selling used equipment category from rental companies at 24 percent of the used equipment sold.