-- At $13,649, the average Actual Cash Value of vehicles appraised for
Collision losses during Q4-2007 was $331 more than in Q4-2006 and also
reflected the presence of slightly older vehicles.
-- The U.S. passenger car population is now the oldest on the road in our
history, with the Truck/Van/SUV category driving overall average age and
value of the total vehicle population.
Complete content is available in the latest Industry Trends Report, which
may be downloaded in PDF format by visiting www.mitchell.com. First
published in April 2001, Mitchell's Trends Report has grown in both content
and circulation, now reaching more than 23,000 collision and casualty
industry professionals.
About Mitchell International, Inc.
Mitchell International is a leading provider of information, workflow, and
performance management solutions to the automotive insurance claims
industry, serving carriers, collision repair facilities, and other
commercial participants in the physical damage and auto-related medical
claims markets. Mitchell facilitates millions of electronic transactions
between more than 16,000 business partners each month to enhance their
productivity, profitability, and customer satisfaction levels. For more
information on Mitchell International, visit its Web site at
www.mitchell.com.
Contact Information: Contacts: Jennifer Forman Sr. Director, Marketing 800-238-9111 x6585 or Kam Hashim Boston Communications 617-292-7316