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Total Losses Maintain as Vehicle Fleet Ages

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As average appraisal and actual cash values continue to rise, total losses continue to see an uptick, as well. In its Q2 2015 Industry Trends Report, Mitchell utilized data from its WorkCenter Total Loss to compare average vehicle age across vehicle types. Mitchell estimates that total loss values will continue to rise until the current older vehicle fleet ages out.

Visit go.mitchell.com/ITR to view the full Q1 2015 Industry Trends Report and sign up for free delivery of future Mitchell International Industry Trends Reports

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