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Rouse: OLVs and FLVs Decline in January

March 02, 2015, 07:05 AM
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Topic: Rental News

The January Rouse Value Index™ for used equipment prices decreased to 46.2, down 0.9% from December values. This is 6.7% higher than the prior peak  period of 43.3 in April 2007, and 55.6% higher than prior trough period of 29.7 in June 2009. The Rouse Value Index™ measures the average Orderly Liquidation
Values for benchmark models across fourteen major rental category indices on a monthly basis.

January auction sales of rental and construction equipment tracked by Rouse averaged 7.3% lower than Rouse December FLV values. Auction volume is typically low in January and there are fewer scheduled sales. Rouse recorded 1,157 units that sold at 15 separate auction sales conducted across North America. The units represented a combined FLV (as of December 31st) of $27.4 million and generated $25.4 million of gross auction proceeds.

To read the full February 2105 Rouse Rental Report, click here.

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