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Average Length of Rental for Repairable Vehicles: Q4 2022
February 14, 2023
12 MIN READAs we have previously observed, historical trending of Length of Rental (LOR) has shown a fourth-quarter increase over the third quarter—usually brought about by winter weather, animal accidents and holiday travel.
Current Used Vehicle Market Conditions: Q4 2022
February 14, 2023
4 MIN READAverage wholesale used vehicle prices in December were down modestly versus November, yielding the seventh monthly decline in a row and another double-digit year-over-year drop. However, the rate of decline tapered greatly in December, and prices rose solidly during the first weeks of January.
The Future of Paintless Dent Repair
January 23, 2023
1 MIN READLearn how this eco-friendly repair method is gaining support, underscoring the need for technology, training and professional standards.
Mobile Tech Expo 2023
Mobile Tech Expo is January 26-28, 2023 in Orlando, Florida. The event invites both professional and novices in the detailing and PDR industry to experience world-class seminars from industry leaders, demonstrations, competitions, expo deals from top industry companies, and networking opportunities.
Taking Charge: How EVs are Impacting Auto Insurance and Collision Repair
January 17, 2023
6 MIN READElectric vehicles (EVs) are making the transition from novelty to necessity. As EV adoption continues to grow, auto insurers and collision repairers must prepare for the impact on claims processes and costs.
Claims Automation: Separating Fact From Fiction
January 17, 2023
7 MIN READAs an industry, we are just beginning to reconcile initial expectations with the current state of claims automation. So what better time to evaluate our progress and the road ahead?
Average Length of Rental for Repairable Vehicles: Q3 2022
December 6, 2022
12 MIN READAverage Length of Rental (LOR) for collision replacement-related rentals in Q3 2022 was 18.2 days, representing a three-day increase from Q3 2021 (15.2 days). Last year, when we compared Q3 2021 to Q3 2020, the results showed a 2.9-day rise. This represents almost six full days in the last 24 months.