Mitchell International, a provider of information and workflow solutions to the automotive insurance claims and collision repair industries, reported the addition of vehicle valuation data to its Collision Estimating & Reference Guides (CEGs), provided by the N.A.D.A. Official Used Car Guide Company (N.A.D.A.).
The Guides now contain the MSRP (Manufacturer’s Suggested Retail Price) for each included vehicle at the time it was introduced, and — for vehicles with mileage falling within N.A.D.A.’s evaluable range — a projected trade-in and retail value averaged from across N.A.D.A.’s 10 standard valuation regions.
Including N.A.D.A. valuation data in the guides will reportedly help users gauge the economic feasibility of repairing a collision-damaged vehicle more quickly and conveniently, potentially eliminating the need to perform a detailed assessment of the adjusted cash value for severely damaged autos.
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