Another c. ￡1.7M off repairer bottom line! Audatex – time to pass on the cost!!
On Tuesday, bodyshops across the UK received notification of another price increase, this time for estimatics.?Auda Enterprise Gold, the solution required to comply with the vast majority of insurer and accident management back end solutions is putting in a 5% increase across the board from January 2022.?
NBRA estimates this will take another ￡1.7M out of repair industry profits in 2022 largely ithout warning or choice.?Had the former Repairer Estimation Award winning company’s increase been 15% repairers would have had little option to accept it.?
Of course Audatex need to show a return and growth for their shareholders just like any other business, they can put their rates up just as lease companies are, rental companies are, paint companies are, consumables, waste removal, energy suppliers, landlords, oh and guess what bodyshops need to give some cost of living increases to loyal staff who have to pay their increased bills at home.?
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Bodyshops are seeing inbound cost inflation like never before, have more work than ever before, yet are seeing almost zero contractual terms improvements.??
We understand that insurance is a highly competitive, cut throat world, but the man on the street MUST pay for all of these increases through their insurance premiums, especially as they make the switch to EV.?The insurance industry has to recognise what is happening, act and move pricing together and pass some down to a repair industry in desperate need of oxygen.?Either that or start to absorb all of the non-repair costs such as estimatics (As LV= have – bravo), mobility, collection & delivery, storage etc. etc.?
NBRA believe during the course of 2021 Admiral?&?NFU Mutual?are the only insurers (plus LV= ?who stopped their lower rate) who have actually listened to the repair industry and put in at least a rate increase that reflects inflation and we congratulate them for that.?No others have to our knowledge??If we are wrong let us know and we will gladly add their names to this embarrassingly short list.
Consultant engineer
2 年That’s a lie. Admiral and LV are still pushing their lowest hourly rates
Managing Director - Cornerstone Technologies Ltd - Passionately improving the sustainability and profit of the automotive industry
2 年Unfortunately, price increases are going to be common place in all aspects of life. With respect to estimating there are alternatives, including Jarvis!! However, once again it will take a concerted effort from a number of bodyshops to affect any real change. Although some work providers are more than happy to accept estimates from other sources, there has to be more pressure on the majority to be more flexible. The options are out there!!!
999Hire Action vehicles
2 年Well said Andy , for too long its all about patting people on the back and talking a good gig , Independents are largely being stolen from every day and with insurers hitting us with more discounts and yet costs are rising pushing us away from profit .
VDA, Director at Estimate Solutions Ltd
2 年Very interesting, but I’m keen to hear your plans to take action on this matter? Words may offer some reassurance to suffering repairers, but words alone can’t help repairers take this fight on, unless repairers pull out of these suicidal contracts. As a professional body representing the industry, what influence or weight can you assert on this serious state of affairs? ??