I'm a motoring expert and here's why the cost of repairing your car will soar in 2024
11 months, 1 week ago

I'm a motoring expert and here's why the cost of repairing your car will soar in 2024

Daily Mail  

Last year, many motorists were met with bumper renewal quotes when it came to car cover. The cost of car repairs is set to rise again this year, hitting cash strapped motorists during already tough times Why car repair costs are rising Repairs are increasingly costing garages more and the rises will almost certainly be passed onto motorists via hiked bills, experts told us. Hannah Gordon says: 'It's a complete juggling act with outgoing and incomings to ensure we still provide value for money' While 54 per cent of garages told the Motor Ombudsman they are trying to avoid passing on higher operational costs to customers, most say they're faced with little option but to reflect some of these costs in the price they charge. Driven up: Car insurance premiums are rising, and drivers may face even higher costs in 2024 Research from Compare the Market has shown a 52 per cent increase year-on-year in premiums. Going up: Figures show the cost of car insurance has risen in recent years Rising repair costs could lead to more dangerous cars on the road With the cost to repair and insure vehicles set to rise again in 2024, there are growing concerns that there will be an increase in the number of drivers avoiding essential car servicing and maintenance in a bid to cut back expenditure during the cost of living squeeze.

History of this topic

Car insurance premiums nudge lower... but are still up 40% in two years
1 month, 1 week ago
Insuring your home costs a FIFTH more than last year - with insurers blaming bad weather for £400 bills
4 months, 1 week ago
Car insurance costs hit new average record high of £635 - but hikes may be starting to slow
7 months, 3 weeks ago
Will the cost of car insurance keep rising in 2024?
11 months, 3 weeks ago
Record spike in insurance firms ripping off drivers over value of their car
1 year, 3 months ago

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