EquipmentWatch Report Shows Declining Market and Liquidation Values

Values in the construction market continued their traditional seasonal descent, dropping 0.3 percent in fair market value and 0.8 percent in forced liquidation values, according to the June EquipmentWatch Market Report, a monthly resource for the construction, lift and access, agriculture and commercial truck industries.

Michael Roth

June 22, 2016

The average equipment available at auction in May 2016 was older with higher usage than a year ago EquipmentWatch says — The average equipment available at auction in May 2016 was older with higher usage than a year ago, EquipmentWatch says.

Values in the construction market continued their traditional seasonal descent, dropping 0.3 percent in fair market value and 0.8 percent in forced liquidation values, according to the June EquipmentWatch Market Report, a monthly resource for the construction, lift and access, agriculture and commercial truck industries.

The drop, however, was not enough to push the market into a deflated period. Surprisingly high market activity on the resale channel helped buoy the Price Stability Index in May.

Fair Market Values were down nearly 6.3 percent since last May and Forced Liquidation Values declined more than 9 percent in the same time period. The average equipment available at auction in May 2016 was older and had higher usage than equipment in April 2016 and May 2015.

The complete report can be downloaded free at: http://images.link.penton3.com/Web/PentonEquipmentWatch/%7bb2d89a9d-e5b9-4493-90b2-bab104f20efa%7d_EQW_MarketReport_June_2016_FREE.pdf?elqTrackId=5064789bc5774a769fbd4a787d871512&elq=d0b11bc4c0d443708cb414cbcefde5c7&elqaid=7740&elqat=1&elqCampaignId=6332

About the Author

Michael Roth

Editor

Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.