Wall Street Journal article explores the rising cost of repairs due to ADAS

The cost of vehicle maintenance and repairs has significantly increased over the past three years, primarily due to inflation and the growing complexity of modern vehicles. Cars equipped with advanced driver assistance systems (ADAS) require recalibration of sensors after even minor accidents, significantly driving up repair costs. This trend is expected to continue as more vehicles are manufactured with ADAS technology.

While ADAS systems can reduce the risk of accidents, they also increase the potential cost of repairs. Insurance companies are facing higher claims costs due to the complex nature of these systems. However, there’s a potential silver lining: ADAS systems, particularly automatic emergency braking (AEB), can reduce the frequency of low-impact collisions, which could lead to lower overall insurance payouts.

Consumers can expect higher repair costs and insurance premiums as the automotive industry advances. It’s crucial to weigh the benefits of ADAS technology against the potential financial implications of accidents and maintenance.

Read more: https://lnkd.in/eDzkbrtc

#carrepair #autorepair #vehiclemaintenance #ADAS #insurance #automotiveindustry #inflation #costofliving