According to the latest research from Enterprise Rent-A-Car, the slowdown in the growth of the U.S. collision repair industry’s average length of rental that began in the first quarter continued through the third. Average Length of Rental (LOR) for Q3 2017 landed at 12.1 days in the United States, an increase of just .2 days […]
Length of Rental Growth Slowdown Continued in Q2 2017
According to the latest research from Enterprise Rent-A-Car, the slowdown in the growth U.S. collision repair industry’s average length of rental that began in the first quarter continued in the second. Average Length of Rental (LOR) in the Second Quarter 2017 landed at 11.54 days, representing only a fractional rise of .07 days versus […]
Length of Rental Growth Rate Slowed in First Quarter
According to the latest research from Enterprise Rent-A-Car, the U.S. collision repair industry’s average length of rental increased at a slower rate during the last quarter. The rate of average Length of Rental (LOR) growth declined in Q1 of 2017 for the first time in multiple quarters increasing only a modest .2 days from 11.9 […]
U.S. Length of Rental Increased in Q4 2016
According to the latest research from Enterprise Rent-A-Car, the U.S. collision repair industry’s average length of rental increased 5 percent compared to 2015. The recent Length of Rental (LOR) trend continued in the Fourth Quarter of 2016 as the average increased to 12.5 days from 11.9, or 5.0 percent, in the Fourth Quarter of 2015. […]
U.S. Length of Rental Trend Continues in Third Quarter
According to the latest research from Enterprise Rent-A-Car, the U.S. collision repair industry’s average length of rental continued to increase in the third quarter of 2016. Continuing the recent trend, U.S. Length of Rental (LOR) increased by .5 days in the third quarter versus the same period the previous year (11.4 to 11.9) powered by […]
U.S. Length of Rental Upward Trend Continues in Second Quarter
According to the latest research from Enterprise Rent-A-Car, the U.S. average length of rental continued to increase in the second quarter of 2016. Overall U.S. Length of Rental (LOR) increased .5 days in Q2 2016 from 11 billed days in 2015 to 11.5, although the change varied greatly by state and region. As with Q1, […]
U.S. Length of Rental Upward Trend Continues in First Quarter
According to the latest research from Enterprise Rent-A-Car, the U.S. average length of rental continued to increase in the first quarter of 2016. Overall U.S. Length of Rental (LOR) increased .4 days in Q1 2016 from 11.5 to 11.9, although the changes varied by region and state. A variety of factors contributed to the increase […]
U.S. Length of Rental Continues Upward Trend in Fourth Quarter
According to the latest research from Enterprise Rent-A-Car, the U.S. average length of rental continued to increase across all regions during Q4 2015. The U.S. average Length of Rental (LOR) rose in 2015 to 11.5 days, up 0.3 days from 2014 and 0.8 days from 2010. Miles driven and lower gasoline prices have contributed to […]