UK drivers facing £2.4bn hike in repair bills
- Posted by: Alan Feldberg
- Category: News
UK drivers could have to pay an extra £2.4bn a year on repair bills if the government does not overrule new European Union legislation.
The EU is considering changing “block exemption” rules which allow bodyshops to use generic parts in repairs rather than manufacturer-approved parts. If it does go ahead with these changes, the post-Brexit agreement will force the UK to follow the rules.
According to Euro Car Parts, this could raise repair bills by £2.4bn a year, or £100 a year for each driver. The Competition and Markets Authority is discussing the implications of these potential changes, which would come into force after 2023, with the government.
Andy Hamilton, Euro Car Parts CEO, said: “We urgently need to understand what the CMA’s plans are, otherwise British drivers risk being driven into a monopoly that will cost them nearly £100 a year and much more in future. Ministers must intervene to expedite the issue. If not, Britons up and down the country will have to fork out £2.4bn in extra costs that go straight into the hands of car manufacturers – many of which charge a large premium for fixing their vehicles.”