Key Trends Pushing Up Auto Repair Costs

Selective Insurance article, auto repair costs trends

Modern technology has made today’s automobiles the most feature-packed vehicles ever to take to the roads. Technology is a double-edged sword, however. While it has helped to create these modern miracles of engineering and made their modern conveniences possible, it has also driven up the costs of general maintenance and repairs.

When you compare the rising average cost of ownership to the general inflation rate in the United States, you will find that repair costs have far exceeded the rate of inflation over the last several years.

 

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Written by Selective Insurance