The rising price of automobile repairs is hitting shoppers and repairers onerous based on Guarantee firm AutoProtect which stated its common guarantee declare in 2024 was £502.07, up 9% year-on-year.
AutoProtect cited the Motor Ombudsman’s newest annual survey of car repairers, greater than half of repairers count on motorists to cut back important repairs to save cash.
In keeping with the survey repairers count on that 48% of car house owners will forgo advert hoc upkeep and routine servicing to chop operating prices within the brief time period.
“These figures are alarming for financially strained consumers and for the aftersales departments of dealers, whose revenues are already being challenged by rising sales of low maintenance EVs,” stated Joff Suter, gross sales director at AutoProtect Group.
Automobile drivers holding again on important upkeep and repairs may discover themselves unable to afford any surprising sudden mechanical failures. Joff believes that constructive motion by sellers may assist alleviate at the least a number of the dangers they face.
“Sellers can assist themselves and their clients by selling value-added providers, equivalent to high quality warranties and restoration packages, at reasonably priced costs, notably by providing or selling warranties over longer intervals to alleviate a number of the dangers, particularly because the automobile parc ages usually.
In the long run, it may assist buyer retention and facilitate the return of high quality used inventory {that a} seller needs to retail on account of its service and restore historical past.”