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Automotive experts: The real cost of broken parts

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On Wednesday, the New York Times ran an article on the cost of mechanical breakdowns, an important metric used by auto manufacturers to calculate repair costs.

The Times article detailed the costs and the number of vehicles that have had parts breakdowns.

The number of total vehicles with broken or damaged parts is estimated at 1.1 million, the Times reported.

Broken parts are not uncommon and are an important part of the repair process.

The average cost of a broken part is $20,000.

The Times article stated that, while broken parts cost automakers $3 billion, the cost for parts to be replaced in the first six months of 2017 was $20 billion.

The article went on to say that, according to an estimate by the Federal Trade Commission, the average cost for a mechanical breakdown in the US is $1.1 billion, which includes all repair costs as well as the cost to fix the problem.

In the article, the FTC stated that it was “committed to reducing this costly problem” by expanding the use of self-service repair programs.

The FTC also recommended the use for the “best practices of the industry and consumers” in the manufacture of parts for mechanical breakdown repair.

However, the report did not state exactly how much the cost was to fix a mechanical part.

A spokesperson for Subaru, the maker of the Subaru Outback, told the Times the automaker does not comment on any ongoing regulatory matters, but did confirm that the Outback has seen a significant increase in its repair and maintenance costs since 2015.

The spokesperson added that Subaru has been working with the National Highway Traffic Safety Administration to address the issue.

Source: New Scientist

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