The average appraised cost of auto crash repairs went up 13 percent in the second quarter, while the price for fixing hybrid vehicles is sharply higher than standard models, a new study reports.
The data was contained in the latest quarterly "Industry Trends Report" produced by Mitchell International, a San Diego-based electronic processing provider for the collision industry.
Compared with last year's second quarter, the initial average gross appraisal value for comprehensive coverage estimates processed through Mitchell servers was $2,373--a 13 percent increase, compared to $2,100 in 2007, the company said.
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