Length of Rental (LOR) in Q1 2023 was 18.7 days, an increase of one-half day from Q1 2022, according to the latest data from Enterprise Rent-A-Car. Alaska had the highest LOR at 22.7 days, followed by Colorado and Louisiana – both at 21.6. Oklahoma and Oregon were next highest at 21.4 days. Four additional states […]
U.S. Length of Rental Up in Fourth Quarter Versus 2021
The rate of increase, however, appears to be decreasing from previous year on year comparisons. Enterprise Rent-A-Car reported Length of Rental (LOR) in the fourth quarter was 18.7 days in Q4 2022, up one half-day from Q3 2022. When compared to Q4 2021 results, LOR is up 1.7 days. It is an increase, but not […]
U.S. Length of Rental Up Three Days in Third Quarter from 2021
Latest data from Enterprise Rent-A-Car shows average length of rental is up nearly six days in two years. Average Length of Rental (LOR) for collision replacement-related rentals in Q3 2022 was 18.2 days, representing a three-day increase from Q3 2021 (15.2 days). Last year, when we compared Q3 2021 to Q3 2020, the results showed […]
US Collision Repair Length of Rental Up in Second Quarter Versus Previous Quarter
Enterprise Rent-A-Car data shows that while up sequentially, LOR was slightly down from the same quarter last year. The second quarter of 2022 saw average Length of Rental (LOR) for collision repair replacement-related rentals at 17.7 days, a 4.5-day increase from the second quarter of 2021. This represents a decrease of half a day from […]
U.S. Length of Rental Continued to Increase in the First Quarter
LOR up nearly five days compared to last year. According to the latest data from Enterprise Rent-A-Car, the first quarter of 2022 saw average Length of Rental (LOR) for collision replacement-related rentals increase 4.9 days when compared to 2021. This nearly five-day increase continues the trend of unprecedented industry increases, including an almost four (3.9) […]
U.S. Length of Rental Up 3.9 Days in Fourth Quarter Compared to 2020
Latest data from Enterprise Rent-A-Car show impact of higher used vehicle prices, staff shortages and parts supply disruptions on the collision repair market. The 3rd quarter of 2021 saw average Length of Rental (LOR) for collision replacement-related rentals increase almost three full days compared to 2020. How did the final quarter of 2021 fare? Historically, […]
U.S. Length of Rental Up Almost 3 Days in Third Quarter
In October of 2020, we compared 3rd quarter results to those of 2019 and saw a stabilization; post-lockdown numbers were on par with pre-pandemic results. However, in July of this year, we compared 2nd quarter results to those of 2020 (which included the dramatic swings of April and May of 2020) and observed an increase […]
U.S. Length of Rental Up in Second Quarter on Comparison to Early Pandemic Months Last Year
The trend in the most recent Enterprise Rent-A-Car data was expected given the comparison to the start of the pandemic and other re-opening factors. Enterprise Rent-A-Car’s quarterly Length of Rental (LOR) report for the second quarter of 2021 was up anticipated for a variety of reasons. For one, we’d be comparing results against a previous […]
U.S. Collision Repair Length of Rental Stable in First Quarter
Latest data from Enterprise-Rent-A-Car shows slight uptick in rental times in the first quarter compared to last year. Overall U.S. LOR for Q1 2021 remained stable compared to Q1 2020, with an increase of only 0.1 days, according to the latest report from Enterprise-Rent-A-Car. Since COVID’s impact on 2020 LOR was most evident in April’s […]
U.S. Length of Rental Flat in Fourth Quarter Compared to 2019
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 […]
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