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Do you want to protect your customers from growing car repair bills?

Do you want to protect your customers from growing car repair bills?

Nine in ten new cars are bought on finance, according to the Finance and Leasing Association (FLA). Both the competitive deals and the flexibility of buying on finance provides motorists with more options when browsing a dealer website or showroom.

However, for those motorists who choose to buy a more expensive vehicle through a competitive finance deal, the larger repair bills when something goes wrong can come as a bit of a shock if not accounted for. MOT and service times can be met with a touch of trepidation when drivers consider a month’s salary could go on replacing their car’s braking system, for example.

What are the most expensive car parts to replace?

Knowing how much it will cost to replace vehicle parts may help prepare motorists in the event their vehicle breaks down and repairs are needed. Costs will vary according to the make, model and engine size of the vehicle driven.

Average Repair Cost By Part (2019):*

          • Turbo – £1,756
          • Ignition Coil – £276
          • Flywheel – £1,506
          • Radiator – £439
          • Gearbox – £2,350
          • Clutch – £684
          • Alternator – £534
          • Starter Motor – £474
          • Window Motor – £348

How can car buyers protect their pockets from big car repair bills?

Mechanical car parts are perfectly capable of wearing out or failing on their own, but they can also fail prematurely through bad maintenance, which is why regular servicing is also important to ensure your customers’ vehicles remain roadworthy.

There are financial aftercare products that can provide your customers with carefree motoring, knowing their vehicles and parts are covered.

          • Service Plans allow motorists to cover their vehicles service with easy monthly payments, as opposed to a single large annual bill, and there are flexible plans available to cover all aspects of car maintenance. Learn more about Service Plans.
          • MOT Test Insurance helps by covering the cost of repairs, replacements and/or adjustments for a range of parts should a customer’s vehicle fail its MOT. Learn more about MOT Test Insurance.
          • Warranty is available to cover the majority of unexpected mechanical or electrical faults**, which can be both frustrating and expensive for your customers. Learn more about Warranty here.

    If you would like to learn more about Car Care Plan’s award winning financial aftercare products and how they can help keep your customers on the road, build trust and enhance retention, then please get in touch.

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    *Source: Average across all makes and models. Car Care Plan 2019. Costs will vary according to the make, model and engine size of the vehicle

    **cover levels may vary

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