March 31, 2020—On Tuesday, the Automotive Service Association hosted a webinar on how to effectively handle the trickle-down effect of the COVID-19 outbreak as a small business owner.
March 31, 2020—On Tuesday, the Automotive Service Association hosted a webinar on how to effectively handle the trickle-down effect of the COVID-19 outbreak as a small business owner.
The following commentary is produced monthly by Tom Kontos, Executive Vice-President, ADESA Analytical Services. ADESA is a leading provider of wholesale used vehicle auctions and ancillary remarketing services.
The initial average appraisal value, calculated by combining data from all first and third-party repairable vehicle appraisals uploaded through Mitchell systems in Q2 2017, was $3,046. Continued development suggests a final Q2 2017 average appraisal value of $3,143, which represents an increase of $122 compared to the same quarter last year.
This data is the product of upload activity from body shops, independent appraisers, and insurance personnel, more accurately depicting insurance-paid loss activity, rather than consumer direct or retail market pricing.
When Glenn Mitchell first founded the company, he used his technical knowledge, repair expertise, and ability to connect pieces of information in order to simplify complex processes. Ultimately, he created a better way of doing business and better outcomes for his customers.
Mitchell was founded in Glenn Mitchell’s garage 70 years ago. The world has changed a lot since 1946, and Mitchell has evolved right along with it.
Vehicle complexity has exploded in the last decade. Collision repair used to be about sheet metal, headlamp and bumper replacement; now it involves more and more sophisticated electronics. Essentially repairers must be prepared to fix a computer network on wheels.