Lessor Services

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Image of Lessor Services
Lessors

Russell Equipment helps you through every step of the remarketing process. We handle inventory control accuracy, logistics, and act as a liaison between you and the end-user.

Our services include:

Russell Equipment provides accurate, thorough, and timely inspections. The moment a unit arrives, a member of our service team inspects the equipment and enters the information into our database in real-time. A service manager then confirms the deferred maintenance findings and all suggested repairs. We take pictures of the unit and send you the complete report within hours of receiving the unit. Russell Equipment will conduct in-field single unit or fleet inspections in the United States, Canada, Mexico, and South America.

Russell Equipment provides accurate appraisals based on equipment condition, market trends, supply and demand, and market conditions on a global scale.

Russell Equipment has unique industry insight to make accurate, honest, and helpful recommendations in terms of mid-term valuation and end-of-lease returns. We are experts in Orderly Liquidation Value (OLV) and Fair Market Value (FMV) determination.

If you have a forklift to sell, Russell Equipment will buy it. We commonly acquire forklifts through banks, leasing companies, plant-closings, fleet purchases, and end-users. Russell Equipment is happy to provide current and future values of your equipment.

Russell Equipment makes accurate residual recommendations based on:

  • Our 170,000+ forklift database giving specific industry insight
  • Histories of particular companies’ patterns of use and abuse
  • Extensions
  • Return conditions
  • Technological advances

 

Russell Equipment has more than 400,000 square feet of heated indoor warehouse between our locations.

Russell Equipment will gladly engage you and your company in an in-person presentation on current market scenarios and circumstances. Please contact us to schedule a presentation.

Russell Equipment employs a full-time, qualified mechanic and service team to repair all equipment. Service facilities are located in each of our locations.

Russell Equipment’s expertise is put to use when working with you to remarket and sell your returning or retired assets. We have discovered there is not a “one size fits all” approach in our industry to how your company prefers to remarket equipment. As a result, we have developed several recommended options to explore and discuss when partnering with us to sell your equipment.

We are prepared to be as involved or removed from the process as your situation demands. We stand ready to be the one-stop destination to handle the entire end-of-lease process from freight logistics, to inspections, to inventory storage, to point-of-sale, and anywhere in between.

Lessors