Cost of New Cars Plunges but Repairs Take Off

Western MailAugust 13, 2004

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Summary


The price of new cars has dipped by more than 9% over the past five years but the cost of repairing vehicles has soared, it was revealed today. The average price of a new car has fallen from pounds 14,397 in June 1999 to just over pounds 13,000 in June 2004, according to an index run by Alliance & Leicester.

However, the cost of car repair and maintenance has risen 38.1% over this five-year period.

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Extract


Cost of New Cars Plunges but Repairs Take Off

While the average price of a new car has fallen by 9.2%...

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