NABR announced the launch of the New Mexico VRS Labor Rate Survey, sponsored by an anonymous New Mexico collision repairer.
The online survey is free for all New Mexico collision repair shops and can be found on the NABR website.
The New Mexico VRS Labor Rate Survey provides the state’s collision repairers with an independent, third-party survey of statewide labor rate data. NABR states that the VRS reports the true, market-based rate ranges throughout the state of New Mexico, based on shops’ actual prices, not on one artificially defined single prevailing rate for all repairers.
“For years, collision repairers around the country and here in New Mexico have struggled to get paid what they’re worth for the work they do,” said the survey sponsor. “The low rates insurers pay do not reflect real market prices, but we the shops have never been able to prove that. Now, with the VRS, we can. And the system also includes the pricing tools to help us set an educated, well-informed labor rate, based on a variety of factors including our cost of doing business. Finally, we have a solution in the VRS: an independent survey and complete technology to help shops price their labor profitably and prove the real market rates.”
Richard Valenzuela, CEO of NABR, added, “We’re excited to bring the VRS to New Mexico and help repairers in that state get paid not only true market rates but sufficiently profitable rates. Ultimately, it is the consumer who benefits, because the right labor rates enable shops to invest in the people, training, tools, equipment and certifications necessary to repair modern vehicles, which in turn helps ensure vehicles are repaired right and consumers are kept safe.”
New Mexico is the most recent state to launch the VRS survey technology. Other states currently running the VRS Labor Rate Survey include Arkansas, Arizona, California, Florida, Georgia, Idaho, Indiana, New Jersey, North Carolina, Ohio, Texas and Utah.
