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Repair pricesare rising in comparison to the overall rate of inflation.
Furthermore, the growth has been particularly noticeable since the pandemic.
However, in 2022, the rate increased to around 10%.
More Complex Vehicles
Over the years, cars have become very electronically advanced.
Every vehicle now has sensors in them, including basic popular cars like Toyota Corollas and Honda Civics.
Furthermore, theres considerably less room to work under the hood, causing more time spent on repairs.
While that is good news, there aremore drivers and vehicleson the road and more collisions than ever before.
However, cars are heavier and more powerful now, and speeding and traffic crashes have increased.
As a result, vehicles are getting into worse collisions that are more complicated and costly to repair.
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