Mitchell released its Industry Trends Report (ITR) for the first quarter of 2016. In the Auto Physical Damage edition, experts discuss the inflation rate driving car repair prices.
The report can be downloaded as an Adobe Acrobat file, or viewed online.
Getting to the root of the common phrase that ‘Cars cost more to repair than they used to,’ Greg Horn, Vice President of Industry Relations at Mitchell, analyzes repair cost inflation rates as reflected by total loss frequency, rising insurance rates and repair order costs. Comparing two popular passenger cars, the 2010 and 2015 Toyota Camry and
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