5 ms·
Auto-repair/auto-insurance doesn't fit this explanation. Repair is still a competitive industry with rather low margins.
by randyrand 9y ago
Auto-repair/auto-insurance doesn't fit this explanation. Repair is still a competitive industry with rather low margins.
- refurb 9y agoThe counter argument would be that there is enough business that isn't paid by insurance companies to keep competition high. If no one paid for car repair out of pocket, prices would be much higher.
- mcny 9y agoThey are too high at the dealership. At least, they feel high compared to what a knowledgeable friend who knows how to get used parts (junkyard etc) will charge for parts.
- deleted 9y ago[deleted]
- randyrand 9y agoCould be. Sounds like a decent argument against universal health care insurance, too. More things should be out of pocket.
- hueving 9y agoThat's because tons of people have to pay for their own auto repairs.
- PhasmaFelis 9y agoAnd yet, it's still expensive.
- selectodude 9y agoYou don't have to be accredited to fix cars. You just need to open up a shop. As such, there is plenty of competition.
- wahern 9y agoOnly a few states have no specific licensing requirements. Many states require an exam. Some cities even require ASE certification. Sources: http://work.chron.com/state-requirements-auto-mechanic-30132.html http://work.chron.com/state-requirements-auto-mechanic-30132... http://www.michigan.gov/sos/0,4670,7-127-49534_50302---,00.html http://www.michigan.gov/sos/0,4670,7-127-49534_50302---,00.h... https://en.wikipedia.org/wiki/Automotive_Service_Excellence https://en.wikipedia.org/wiki/Automotive_Service_Excellence