Why Car Repairs Are Getting So Expensive?
Auto repair costs have been rising for years, but recently they’ve spiked. Experts say it’s likely a mix of factors including heavier, faster and more complex vehicles, riskier driving behavior, new technology, and labor and supply shortages. Repair shop owners say they can’t find enough technicians despite paying six-figure salaries. As technology marches forward, and fancy cutting-edge EVs fill the roads, consumers hear horror stories about huge repair bills. But insiders say there are reasons to be optimistic.
Chapters:
00:59 Intro – Why car repairs are getting so expensive
01:08 Chapter 1 – The numbers
03:02 Chapter 2 – Collision costs rising
06:21 Chapter 3 – Technology
08:11 Chapter 4 – Labor and parts
10:37 Chapter 5 – The future
Producer: Robert Ferris
Editor: Darren Geeter
Animation: Jason Reginato, Christina Locopo
Senior Managing Producer: Tala Hadavi
Additional footage: Getty Images, Rivian, Kia, Tesla
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Why Car Repairs Are Getting So Expensive?
