As the first collision industry information provider to sign a data licensing agreement with Rivian, Mitchell is proud to be a Platinum Sponsor of the 2024 Certified Collision Network Summit. The Mitchell team will be on-hand to demonstrate how repair shops can leverage Mitchell鈥檚 cloud-based estimating and Mitchell Cloud Estimating TruckMax to access OEM repair information for Rivian vehicles. With an abundance of presentations and networking opportunities, this event will help attendees enhance their knowledge of Rivian vehicles and the tools and technology used to repair them.
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KPI Spotlight: Percentage of Repair for Individual Part Types
In our recent article, 鈥淢itchell Collision Repair Industry Data: Q2 2018鈥, we discussed the importance of monitoring the overall percentage of parts repaired. While this is an important step to help ensure the correct decision-making behaviors are being put into practice by appraisers in the field, it is the first of many. The next step to improving performance in regards to overall percentage of parts repaired is to look at repair percentages for individual major component parts.
Canadian Collision Summary: Q2 2018
At the request of our clients and friends in Canada, we are pleased to provide the following Canada-specific statistics, observations, and trends. All dollar-figures appearing in this section are in CDN$. This data is the product of upload activity from body shops, independent appraisers, and insurance personnel, more accurately depicting insurance-paid loss activity, rather than consumer direct or retail market pricing.
Mitchell Total Loss Data: Q2 2018
View the total loss data for both vehicle age and actual cash value of total loss vehicles processed through Mitchell servers.
Mitchell Collision Repair Industry Data: Q2 2018
The initial average appraisal value, calculated by combining data from all first and third-party repairable vehicle appraisals uploaded through Mitchell systems in Q2 2018, was $3,109, $31 more than this same period last year. The continued development suggests a final Q2 2018 average appraisal value of $3,140.
Average Length of Rental for Repairable Vehicles: Q2 2018
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.
Mitchell Issues Third Quarter 2018 Industry Trends Report
The Latest Technology Trends, Industry Insights, Data and Analyses on the Property & Casualty and Collision Repair Industries