Reduction in accident volume during the quarter did not impact overall length of rental. According to the latest analysis from Enterprise Rent-A-Car, repairable vehicle average Length of Rental (LOR) in Q4 2020 was the same as Q4 2019 in the US: 13.1 days, despite lower accident volume. Historically, LOR starts an upward trend in October […]
Progressive’s Eighth Annual Keys to Progress Giveaway Marks 750 Vehicles Donated to Military Families
For the eighth consecutive year, Progressive Insurance will continue its annual Keys to Progress vehicle donation on November 5. In advance of Veterans Day, 45 veterans in need across the country and their families will receive the keys to vehicles that will provide reliable transportation, helping them get back on the road and move forward […]
U.S. Length of Rental Declines in Third Quarter
Latest data from Enterprise Rent-a-Car shows rental length has stabilized following disruptions by COVID-19 crisis earlier this year. As patterns of “new normal” emerge – from continued remote working to limited travel, business as usual and everything in between – Enterprise has continued to track results and patterns in the Length of Rental (LOR) for […]
Collision Repair Length of Rental Up Slightly in the U.S. During Second Quarter Compared to 2019
As the impact of pandemic response took hold in April, length of rental increased substantially. May and June, however, were down. The past three months have been interesting, to say the least, so it comes as no surprise that average Length of Rental (LOR) in the U.S. during the second quarter of 2020 should follow […]
Collision Repair Length of Rental in May Down in the U.S. Compared to Last Year
Eight states had a decrease of one day or more from 2019. The collision industry was affected in many ways by the COVID-19 pandemic – repair volume, transportation shutdowns, customer concerns, and process disruptions. In April 2020, Enterprise Rent-A-Car analyzed these impacts on its Length of Rental (LOR) across the three main vehicle statuses: Drivable, […]
U.S. Length of Rental Up in April in Wake of Pandemic Response
The latest data show length of rental up over two days nationally. Enterprise Rent-A-Car’s Length of Rental (LOR) reports have long served as an industry proxy for repair cycle times. Enterprise measures LOR by three main vehicle statuses: Drivable, Non-drivable and Total Loss. Factors such as storms and changes to vehicle mix can affect LOR, […]
U.S. Average Length of Rental Up in First Quarter Compared to 2019
Latest data from Enterprise Rent-A-Car shows trends towards higher rental length continued in the U.S. during the first quarter. For the sixth consecutive quarter, average length of repairable rental (LOR) increased across the U.S. The latest data from Enterprise Rent-A-Car shows average LOR for the first quarter of 2020 in the U.S. was 13.2 days, […]
Enterprise Provides Update on Operations
Enterprise Rent-A-Car provided an update on its operations during the ongoing coronavirus crisis, including information about its ARMS application and support for collision repair facility operators. Below is the operational overview provided by Enterprise on April 15: Daily Operations: While we are accepting reservations from any branch location on the web or by phone, we […]
U.S. Average Length of Rental Up in Fourth Quarter of 2019
Southwest region sees largest increase during the quarter. For the fifth consecutive quarter, the average length of rental (LOR) increased across the U.S. The latest data from Enterprise Rent-A-Car shows average LOR for the fourth quarter of 2019 landed at 13.1 days in the United States, an increase of .4 days compared to Q4 2018. […]
Progressive’s Keys to Progress Event Provides Vehicles to More than 100 Military Families
Partnership with National Auto Body Council’s member collision repair shops and Recycled Rides program to honor veterans at more than 60 events across the U.S. on November 7 Just before Veterans Day, more than 100 veterans and their families will get keys to newly refurbished vehicles as part of Progressive’s seventh annual Keys to Progress […]