Some companies are being accused of writing off cars that, until recently, they might have repaired, due to the rising costs of courtesy cars
Before those “headwinds” began blowing, vehicle repair times were usually measured in a few weeks.
As a consequence, rather than having them repaired, some third-party insurers are offering to buy damaged cars from non-fault motorists, in the process writing them off before then selling them to salvage firms, which are currently paying high prices. Brian Lennon, director of Castle Coachworks, a major vehicle bodyshop in Northampton, agrees that the repair delays that are fuelling the practice are a serious issue in the industry.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
BMW slashes UK diesel offering as demand dips | AutocarBMW has dramatically slashed its line-up of diesel cars in the UK in response to insufficient demand, with the 1 Series, 2 Series, 5 Series and X2 all affected
Weiterlesen »
Cost of Living: Rising costs leaves some considering suicideCharities warn people living with chronic disabilities or diseases are contemplating suicide.
Weiterlesen »
24 quality stocks to buy while interest rates keep rising: BMOBuy these 24 quality stocks to safeguard your portfolio from higher interest rates, according to BMO Capital Markets
Weiterlesen »
Rising violence, growing political crisis in Israel strain U.S. supportIsraeli PM Netanyahu's plan to weaken the Supreme Court has triggered protests and a growing constitutional crisis. The question for the Biden administration is whether they necessitate change in policy toward a nation heavily reliant on U.S. assistance.
Weiterlesen »
Housing rebound: Top real estate economist sees home prices risingA top real estate economist explains why a housing rebound is coming as rising sales and lack of supply look poised to lift home prices
Weiterlesen »