Data & Insight
Data and Details
The cost of vehicle repair is going up. Here's why.
5 Minutes of Fresh Perspective
Reading the daily news doesn't have to suck. Get the email that will make you laugh and keep you informed...for free!
Since 2019, vehicle repairs have increased from $50 an hour to $60. Several factors contribute to the increase, and your customers may wonder why.
- Vehicle Complexity: Modern cars are heavier and packed with advanced technology, making repairs more intricate and costly.
- Skilled Technician Shortage: A growing scarcity of qualified mechanics is driving up labor rates.
- Supply Chain Disruptions: The pandemic (yeah, that old thing) has exacerbated part shortages, inflating prices further.
Data like this released by the media can lead customers to wonder if they are being fairly charged. In truth, the average increase is skewed by the emergence of new tech. This information will help customers understand that while the average is up, each service transaction is priced based on their specific needs.