hi all,
listening to the radio this morning, reports of car ins at a 21% increase in the last 3 months, repair costs cited as the reason and the labour and energy costs being the reason,
well from owning a bodyshop i can tell you this is tripe.
we are contracted to labour rates set years ago, my walk in charges £45 per hour, the insurance have agreements set at £25 per hour, with contracted sla of 10% parts discount, 20%paint discount and an overall 10-15% discount, payment terms 90 day,
with the raise in energy cost we are now allowed to add a one off £30-£40 uplift to cover out 200% increase in energy costs, add to that the last 18 months we have seen a raise of 65% in material costs and parts are super high, its the parts that are driving these costs, ive never know stuff so expensive, point a honda jazz 15 plate rear bumper is £505 now, that used t be bmw money….
