With hundreds of exhibiting companies and thousands of attendees, is set to lead the industry in a showcase of the latest technology covering the entire spectrum of the automotive aftermarket. Join us August 8–10 for the largest U.S. trade show dedicated to high-end technical and management-related training for automotive collision and service repair shops. ̽»¨¾«Ñ¡ will once again be attending NACE as an exhibitor with an interactive exhibit booth. Those visiting ̽»¨¾«Ñ¡â€™s booth will have the opportunity to be one of the first to demo the latest ̽»¨¾«Ñ¡ solutions for the repair industry. We look forward to seeing you on the show floor! Need to schedule a meeting with a sales representative? Contact us today.
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Motor Vehicle Markets: Q3 2017
Average wholesale prices in October were down only modestly month-over-month and were up year-over-year, bolstered by lingering impacts from hurricanes Harvey and Irma.
̽»¨¾«Ñ¡ Collision Repair Industry Data: Q3 2017
The initial average appraisal value, calculated by combining data from all first and third-party repairable vehicle appraisals uploaded through ̽»¨¾«Ñ¡ systems in Q3 2017, was $3,019, $16 less than this same period last year. However, continued development suggests a final Q3 2017 average appraisal value of $3,043, which represents an increase over the same quarter last year.
̽»¨¾«Ñ¡ Total Loss Data: Q3 2017
Total loss data for both vehicle age and actual cash value of total loss vehicles processed through ̽»¨¾«Ñ¡ servers.
̽»¨¾«Ñ¡ Canadian Collision Summary: Q3 2017
The average gross initial appraisal value, calculated by combining data from all first and third party repairable vehicle appraisals uploaded through ̽»¨¾«Ñ¡ Canadian systems in Q3 2017, was $4,003 - a $178 decrease from Q3 2016. Factoring for development yields an anticipated increase to $4,042.
Taking a Position on Pre- and Post-Repair Vehicle Scanning
As vehicle complexity has increased exponentially in the last decade, collision repair diagnostics has taken center stage in the collision repair industry. With millions of lines of code, repairers must be prepared to fix a computer network on wheels. Read more about the Importance of Automotive Diagnostics in Collision Repair.
Average Length of Rental for Repairable Vehicles: Q3 2016
Continuing a recent trend, U.S. Length of Rental (LOR) increased by .5 days in the third quarter versus the same period the previous year (11.4 to 11.9) powered by a surge in claims frequency and an escalation of complex repairs. The regional results are very similar to those from the second quarter with the Southwest nearly two days longer than the U.S. average at 13.8 days, an increase of 1.3.