Andrew Wagner on Copart (CPRT)
Yet Another Value Podcast
Is Your Total Loss Frequency Going Up?
There are two main reasons why total loss frequency is going up. Older cars less likely to be worth repairing, but an older car, you wreck it. Fuel efficiency standards have meant that we switch more to using aluminum than steel. And then the other one is that there are many, many more electronic components in brand new cars.
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