Summary


This report has some very good data on the Canadian Collision Repair Market.

Analysis


Average Appraisal Values

Severity Overall:
The average gross initial appraisal value, calculated by combining data from all first and third party repairable vehicle appraisals uploaded through Mitchell Canadian systems in Q-3 2009 was $3,168—a $48 increase from Q-3 2008. However applying the prescribed development factor of 2.4 yields an anticipated average appraisal value of $3,246, a $126 increase from Q-3 2008.*


Collision Losses
The average initial gross collision appraisal value uploaded through Mitchell Canadian systems in Q-3 2009 was $3,075—a $20 decrease from Q-3 2008. However, applying the prescribed development factor of 2.5 yields an anticipated average appraisal value of $3,152, a $57 increase from Q-3 2008.*

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