Values Stay on a Downswing

Staff | September 28, 2010

September saw values for used equipment continue to slide, dropping 1.6 percent from August and 1.3 percent since April. Seven of the 10 major rental categories tracked by Rouse declined in September, led by high-reach forklifts off 5.4 percent. After seven consecutive months of growth, values for wheel loaders also fell.

Skid-steer-loader values have declined for the past several months, flattening in September. Average selling age is about 70 months at an average value of 65.2 percent.