February Values Off 0.9%

Staff | September 28, 2010

Orderly liquidation values as reported by Rouse Asset Services decreased across the major categories in February, dropping 0.9 percent from January. For the six months ending February, values were down 5.6 percent. Categories recording the greatest declines were excavators, dozers and wheel loaders.

Excavator values have dropped 11 percent in the six months ending February, and average selling age is 73 months.