CM insider
3.8 million drivers decide to keep their car after spending on repairs
A study has shown that almost four million of the nation’s drivers have said they’ve given a car another chance following a repair job instead of selling it. The research from Kwik Fit, one the UK’s largest automotive servicing and repair companies, also revealed that the average spend on repairs was £928, while the length of ownership following the work was one year and two months on average. One-in-10 drivers spent less than £250 and kept their car for another year on average.
While there’s a huge appeal for searching out a new or new-to-you vehicle, this study shows that uncertain times call for sensible spending, especially when a motorist has invested in repair work. 29% of respondents stated that “the work I had done made my car safe and reliable, so it made sense to keep it,” while 27% of drivers who kept their car felt that they wanted to get value for the money they’d just spent on repairs.
Lockdown lessons serve motorists well for the coming months
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