December orderly liquidation values for used equipment across the 10 major rental category indices tracked by Rouse Asset Services increased 1.6 percent compared with November values, according to Rouse’s most recent Construction Rental Report.
For the six months ending Dec. 31, average index values increased 4.7 percent. Eight of the top 10 categories recorded one-month index increases with aerial work platforms articulating booms and telescopic booms recording no change from November index values.
For the three months ending Dec. 31, the major North American rental companies sold 40-percent less construction equipment, as measured by original equipment costs, compared with the fourth quarter of 2008. Equipment sold at auction in Q409 represented 33 percent of total sales, compared with 47 percent of total Q408 sales.
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