ArticleAverage Length of Rental for Repairable Vehicles: Q2 2020
… June 2020 followed May’s trend with a drop of 0.6 days when compared to June 2019. From an overall Q2 perspective, the LOR decreases in May and June—while statistically … rise. Of those with a quarterly increase, seven states (AK, CT, MA, MI, NJ, OK, VT) had an increase in LOR of a full day (1.0) or greater. The California, Mid-Atlantic, Midwest and … drop in LOR compared to Q2 2019 of almost a half day (0.4). Significantly, that drop includes an increase of a half day in Ontario, where we saw similarities to the U.S. trends for Q2 2020—an …