Collision-Related Rentals: Canada’s overall LOR down 1.2 days over Q3 2023; P.E.I. marks six-day drop, says Enterprise report
Ottawa, Ontario — Canada’s overall length of rental (LOR) for collision-related rentals in Q3 2024 was 15.1 days—a 1.2-day decline from Q3 2023, according to a new report from Enterprise Rent-a-Car. This mirrors the U.S. LOR decline also seen in Q3 2024, which also observed a 1.2-day decline to 16.3 days. When it comes to […]
An LOR Lowdown: Q2 2024 length of rental down slightly from Q2 2023, says Enterprise
Ottawa, Ontario — The Canada-wide length of rental (LOR) for collision-related rentals in Q2 2024 was 15.5 days, marking a 1.3-day decline from the same quarter of 2023 but an increase compared to pre-pandemic levels, according to Enterprise’s most recent LOR report. Alberta reported the highest LOR at 17.3 days, a 0.3-day increase. It was […]
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 […]
On Track with Trends: Length of rental drops from 18.1 days to 16.8 days in Q2, Enterprise report says
Toronto, Ontario — New report, same problems—supply chain disruptions and parts and labour shortages have led to slightly longer rental periods for drivers across much of the country, according to Enterprise’s Q2 length of rental report. On a national scale, LOR increased by 0.8 from 16 to 16.8 days in 2023. This rate falls in […]
Painting with Patience: Refinish times on the rise, according to new Enterprise LOR report
Toronto, Ontario — Enterprise’s latest Length of Rental report is out and comes bearing the news that the average first quarter rental length is up by three full days from last year, as parts and labour shortages persist throughout the industry. The report notes that while this spike in national average LOR from Q1 2022 […]
A Spark of Solidarity: Rising LOR and repair complexity demand industry alignment, Enterprise Q4 report says
Toronto, Ontario — Enterprise published its length of rental report for Q4 2022 on Tuesday, with results that, in one respect point to pre-pandemic levels of stability, but otherwise bear much of the same disheartening news as LOR reports of the recent past. Enterprise says that despite an average length of rental (LOR) increase of […]
Lost in the LOR: Staffing shortages, parts availability continue to boost LOR nationwide, report says
Toronto, Ontario — Enterprise has released its Q3 Length-of-Rental report which, in spite of an impressive bout of perseverance in Alberta amid several severe weather events, Canada has seen an overall increase in rental periods across the board. Nationally, rental periods increased by 5.1 days from 11.4 in 2021 to 16.5 days over the same […]
Extended Trial Period: LORs skyrocket for non-drivable claims nationwide, Enterprise report says
Toronto, Ontario — Canada is quickly losing its edge in the collision replacement-related rental market, as the latest Enterprise LOR (length of rental) report showed that the average rental in the nation is up 5.8 days from the second quarter last year, significantly closing the gap to the U.S.’s 17.7 day average. The average LOR […]
Rent Receipt: Canadian LOR up four days in Q1 2022, says Enterprise
Toronto, Ontario — Enterprise Holdings released its Q1 Length of Rental report on Thursday, showing that LOR for collision-replacement rentals continues to climb in Canada and the U.S. The company reported an increase of four full days to the LOR for collision-replacement rentals, bringing the current Canadian average to 15.1 days for Q1 2022. The […]
Rental Plateau: Enterprise reports Q3 2021 length of rental mostly static since last year
Toronto, Ontario — As the Canada-U.S. land border re-opens this week, Enterprise Rent-A-Car is expecting that Canadian claims volumes may finally return to pre-pandemic levels. The company noted in its Q3 Length of Rental report that average billed days for car rentals have remained static at 11.4 days since Q3 of 2020. The U.S., on […]
