Paint and Materials Costs Continue to Rise in 2014

May 1, 2015

Rising paint and materials costs have been an issue for years, as insurance reimbursement rates have remained largely flat. According to data from Mitchell’s Refinishing Materials Calculator, paint and materials made up 10.63 percent of the average appraisal value during Q4 2014, representing a 0.17 increase from Q4 2013. The average paint and materials rate was $32.76 per refinish hour in Q4 2014, compared to $32.06 in Q4 2013. 

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

Sponsored Recommendations

ADAS Applications: What They Are & What They Do

Learn how ADAS utilizes sensors such as radar, sonar, lidar and cameras to perceive the world around the vehicle, and either provide critical information to the driver or take...

Banking on Bigger Profits with a Heavy-Duty Truck Paint Booth

The addition of a heavy-duty paint booth for oversized trucks & vehicles can open the door to new or expanded service opportunities.

The Autel IA700: Advanced Modular ADAS is Here

The Autel IA700 is a state-of-the-art and versatile wheel alignment pre-check and ADAS calibration system engineered for both in-shop and mobile applications...

Boosting Your Shop's Bottom Line with an Extended Height Paint Booths

Discover how the investment in an extended-height paint booth is a game-changer for most collision shops with this Free Guide.