Insights
Average Length of Rental for Repairable Vehicles: Q2 2018
3 MIN READ
Average Length of Rental (LOR) for Q2 2018 landed at 11.6 days in the United States, an increase of 0.1 days compared to Q2 2017. This stagnation in the 2nd Quarter is now an official trend after similar results in 2017 and 2016. Once again, there was very little consistency between regions and states, suggesting that the quarterly result for the U.S. is not reflective of a genuine national course.
10 Tips Every Estimator Should Be Following
4 MIN READ
Today more than ever, the importance of creating an outstanding blueprint for automotive repair is an integral part of Proper and Safe repairs. Creating a roadmap of how the vehicle is going to be repaired provides the most accurate and efficient methods of repair and ensures that every standard operating procedure (SOP) is being met.
̽»¨¾«Ñ¡ 2019 mPower Conference
Join us for ̽»¨¾«Ñ¡â€™s annual customer gathering, the Mi
Average Length of Rental for Repairable Vehicles: Q1 2018
4 MIN READ
Average Length of Rental for Repairable Vehicles: Q1 2018 Average Length of Rental (LOR) for Q1 2018 landed at 12.5 days in the United States, an increase of .4 days compared to Q1 2017. This represents a return to the consistent upward trends generated throughout 2015 and 2016 after a largely fat 2017 Once again, there was very little consistency between regions and states, suggesting that the quarterly result for the U.S. is not reflective of a genuine national trend.
June 2018 Used Vehicle Market Conditions
3 MIN READ
Average wholesale used vehicle market prices registered their first year-over-year price decline since August 2014, continuing the general softening pattern seen since the impact of the hurricanes waned in late 2017. Retail used vehicle sales, including CPO sales, were strong, reflecting Spring, tax-season demand.
̽»¨¾«Ñ¡ Collision Repair Industry Data: Q1 2018
5 MIN READ
The initial average appraisal value, calculated by combining data from all first and third-party repairable vehicle appraisals uploaded through ̽»¨¾«Ñ¡ systems in Q1 2018, was $3,166, $124 more than this same period last year. Continued development suggests a final Q1 2018 average appraisal value of $3,196
Total Loss: Q1 2018
1 MIN READ
The chart below illustrates the total loss data for both vehicle age and actual cash value of total loss vehicles processed through ̽»¨¾«Ñ¡ servers.
Technology and Expertise Driving Better Claims Outcomes
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Learn MoreHelping Injured Workers Get Better, Faster.
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