Half Day: Average length of rental for Q4 2023 was 0.6 days lower than Q4 2022
Toronto, Ontario — The fourth-quarter 2023 overall average length-of-rental for collision-related car rentals was 16.4 days–just over a half-day lower than Q4 2022’s average LOR. Of all the provinces, Ontario had the highest LOR at 18.1 days, followed closely by Alberta at 17.1 days. Comparatively, Prince Edward Island (P.E.I) had the lowest LOR record at […]
An Enterprising Examination: Enterprise Q3 2023 data reveals effects of severe summer storms on total loss claims
Toronto, Ontario — Enterprise has recently released Q3 2023 data that reveals the overall collision-related length of rentals (LOR) in Q3 2023 is 16.3 days, a slight decrease from Q3 2022. Newfoundland and Labrador touts the lowest LOR across the country, according to Enterprise data, at 14.1 days—a full two days shorter than the second-shortest […]
