FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / Articles / Read Article

Print

Rouse: January OLVs and Auction Values Decline Across All Categories

By:
Date: Mar 01, 2013 @ 07:15 AM
Filed Under: Rental News

January OLV index values for used equipment across the fourteen major rental category indices tracked by Rouse decreased 0.2% from December values. For the six months ending January 31st, 2013, average index values decreased 0.4%. Four out of fourteen category indices recorded one-month value increases ranging from 0.2% for Wheel Loaders to 2.3% for Hi-Reach Forklifts.

January auction sales of rental & construction equipment tracked by Rouse averaged 3.1% lower than Rouse December FLV values. Rouse recorded 1,068 units that sold at 12 separate auction sales conducted across North America. The units represented a combined FLV (as of December 31st) of $26.4 million and generated $25.5 million of gross auction proceeds.

During November, achieved rental rates increased 0.5% on average for the rental companies participating in the Rouse Analytics Rental Metrics Benchmark Service. Rates increased 7.0% relative to November 2011. Rouse Analytics calculates rate change weighted by prior period activity in accordance with the ARA Rental Market Metrics™ standard.

Rouse Analytics was founded with one purpose: to provide rental companies with unprecedented visibility into market conditions allowing them to make data-driven decisions. Rouse Analytics is the exclusive source for comprehensive benchmark reporting that provides rental companies of all sizes with a detailed analysis of where they stand relative to their peers.

Read the full Februry 2013 Rouse Rental Report.



Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.