April Used Equipment Values Increase 0.5%

Used equipment values increased 0.5% in April, according to the May Rouse Rental Report.

For the month ending April 30, 2013, the Rouse Value Index of Orderly Liquidation Values (OLV) for used equipment across the 14 major rental equipment categories increased 0.5% compared to March values. For the six months ending April 30, 2013, average index values are up 1.0%.

Six out of 14 category indices recorded one-month value increases ranging from 0.3% for dozers to 2.8% for air compressors.