Equipment Values Decrease Slightly

Staff | September 28, 2010
Backhoe-loader values dropped 4.6 percent from April to May, and have fallen 3.3 percent since November.

Values for used equipment across the major rental categories were down 3.4 percent in May, compared to April. Sharp decreases in the equipment prices of high-reach forklifts, scissor lifts and backhoe-loaders influenced the overall move downward. Boom lifts, especially those with a reach capacity of 60 feet or more, continue to be in high demand and have seen steady increases over the last six months.