This year, the Southeast Collision Conference—co-hosted by the Carolinas Collision Association (CCA) and the Washington Metropolitan Auto Body Association (WMABA)—immediately follows the Collision Industry Conference (CIC) Q2 meeting. With over 50 vendors and a robust educational program covering critical topics from ADAS to AI, the conference is set to deliver valuable insights, networking opportunities and a glimpse into the future of collision repair.
The initial average appraisal value, calculated by combining data from all first and third-party repairable vehicle appraisals uploaded through 17²ÝÊÓƵ systems in Q3 2017, was $3,019, $16 less than this same period last year. However, continued development suggests a final Q3 2017 average appraisal value of $3,043, which represents an increase over the same quarter last year.
Total loss data for both vehicle age and actual cash value of total loss vehicles processed through 17²ÝÊÓƵ servers.
The average gross initial appraisal value, calculated by combining data from all first and third party repairable vehicle appraisals uploaded through 17²ÝÊÓƵ Canadian systems in Q3 2017, was $4,003 - a $178 decrease from Q3 2016. Factoring for development yields an anticipated increase to $4,042.
With hundreds of exhibiting companies and thousands of attendees,
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 17²ÝÊÓƵ 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.