Used Equipment Values Drop Slightly in December, Still Higher Than 2007 Peak

The December Rouse Value Index for used equipment decreased to 44.1, down 0.7% from November values, according to the January Rouse Rental Report. This is 1.1% higher than prior peak of 43.6 in April 2007, and 48.5% higher than prior trough of 29.7 in June 2009.

The Rouse Value Index measures the average Orderly Liquidation Values for benchmark models across 14 major rental category indices on a monthly basis. 

Also in the report, December auction results are up 3.2% vs. November forced liquidation values (FLV). Rouse recorded 3,104 units that sold at 33 separate auction sales conducted across North America. The units represented a combined FLV (as of November 30) of $104.8 million and generated $108.1 million of gross auction proceeds.