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 […]
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, […]