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Consumers hold onto vehicles longer as repair costs climb

Canadian Auto Dealer

Interest rates and inflation are having a ripple effect on the cost of maintenance and repair in Canada, which in turn has influenced vehicle owners to keep their vehicles longer. Power’s study, 40 per cent of visits to dealerships and 24 per cent of visits to aftermarket shops were for repairs. That is according to J.D. Based on J.D.

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Customer Buys $18K CPO Nissan Pathfinder, Faces Shocking $31K Repair Bill In 10 Months

Carscoops

A Nissan Pathfinder certified as pre-owned is now facing a $31,000 repair bill. The car, bought for $18,000, has a repair cost that exceeds its purchase price. That’s one reason that the customer in this story picked out their 2017 Nissan Pathfinder. A day later, the dealer quoted them $30,952 to repair the damage.

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Customers increasingly reliant on dealerships for major repairs

Motor Trader

Warranty Solutions Group (WSG) research, revealing the most common used car part failures, acknowledges the number of repairs in the top faults that are mostly dealt with by main dealers. The 2022/2023 warranty claims data identified alternators, batteries and coil springs as the most likely parts to fail.

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Anderson Clark Motor Repairs sold to Employee Ownership Trust

Motor Trader

Anderson Clark Motor Repairs has been sold to an Employee Ownership Trust (EOT) formed by its 14 employees. The Inverness-based, £2m-turnover repairer has been in business for 28 years. Customers value our services, the personal aspect of how we conduct business and the familiar trusted staff who deal with their motoring needs.”

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How To Build Trust With Auto Repair Shop Customers

Solera

Building trust with customers is a cornerstone of any business success. Independent repair shops rely heavily on their reputation within their community. Trust leads to customer loyalty, positive referrals, and a strong brand reputation. Over Communicate Always maintain regular and clear communication with your customers.

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Millennials most likely to spread car repair costs with BNPL

Motor Trader

Millennials (people born between 1981-1996) are the most likely to use buy now, pay later (BNPL) services to cover repairs, servicing and MoT bills, according to Bumper. 43 is the average age of customers using BNPL. These owners choosing to spread their costs rather than pay upfront or use credit cards.

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Steer Automotive buys Komoo rental and fleet repair firm

Motor Trader

Komoo has a network of fleet repair sites located near airports and vehicle storage hubs. It carries out minor body repairs, from cosmetic dents and scrapes to full vehicle resprays for rental and fleet firms. Bodyshop chain Steer Automotive Group has bought Komoo for an undisclosed sum.

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