Enterprise Reports Length of Rental Continues to Decline
Enterprise is reporting that LOR continues to decline for collision-related rentals, with overall LOR for in Q4 2023 at 17.7 days, a one-day decline from Q4 2022.
Length of Rental Dips for First Time Since Pandemic
While the dip to 17.4 days was positive, these results continue to reflect the new normal, as length of rental for Q2 2021 was 13.2 days.
CIECA 2017: Length of Rental Not Getting Shorter Anytime Soon
The ever-increasing complexity of repair, the ongoing shortage of technicians, the resurgence of miles driven and a recent uptick in claims frequency have been pushing the nationwide length-of-rental (LOR) average higher over the past five years.
Average Length of Rental Unchanged at 11.5 Days in Second Quarter
Although the national number was flat, there was some variation between U.S. regions and states, suggesting that the number “is not reflective of a true national trend.”
CIC’s Insurer-Repairer Relations Committee Tackles Length of Rental Debate
Length of rental (LOR) has long been a controversial subject within the industry. The goal of the panel was to find an answer to the question: Should the industry have a formula for rental management?
Enterprise Recognizes Axalta Business Council Members with Best Length of Rental Awards
Awards go to Daren Pierse and John Bock from Axalta Business Council member Arizona Collision Specialists LLC and Kris and Becky Goodrich of Goodrich Auto Works.
Mitchell Examines Repairable Length of Rentals in Industry Trends Report
Mitchell, provider of technology, connectivity and information solutions to the Property & Casualty claims and Collision Repair industries, has announced the launch of its 2013 Industry Trends Report (ITR) for the first quarter. Presenting expert insight into trends, current events in the industry and the economic outlook, the ITR leverages Mitchell’s data sets and state-by-state
Enterprise Reports Increase in Length of Replacement Rental
According to data gathered by Enterprise Rent-A-Car’s Automated Rental Management Systems (ARMS), the U.S. average length of replacement rental (LOR) increased to 11 days in the third quarter of 2014, a slight increase over the average third quarter LOR for the last five years. ARMS tracks the length of time a replacement vehicle is rented
Are In-House Car Rentals a Thing of the Past?
BodyShop Business asked the members of the BodyShop Business Collision Repair Professionals Group on Facebook if they currently maintain a rental fleet of their own or outsource rental vehicles. Here’s what they had to say.
Claims Frequency, Repair Complexity Pushing Rental Days Higher
The average length of rental in the United States increased from 11.9 billed days in fourth-quarter 2015 to 12.5 billed days in fourth-quarter 2016, continuing a recent trend.