Report reveals revenue opportunities for bodyshops
A new report has urged bodyshops to capitalise on electric vehicle repairs and digital tools to increase revenues and maximise profits.
The report, published by FixMyCar, is based on data gleaned from repairer and driver activity over the last year.
Apart from revealing an overall increase in average repair costs to £249, it found that core services such as MOTs, clutch replacements, and full services, remain in high demand, but developing EV capabilities offers a huge potential for growth.
Its data revealed that repair and maintenance requests for EVs rose by 98% in the last 12 months, but still only 24% of UK technicians are qualified to work on them. It also identified a rapidly growing second hand EV UK car market, with drivers increasingly turning to independents for necessary work.
Meanwhile, making use of digital tools to raise awareness and provide quotes can also accelerate growth, with 63% of jobs posted on FixMyCar confirmed in an hour and 71% in a day, highlighting the value of technology in streamlining operations and providing quick responses.
Other potential revenue streams include introducing breakdown recovery support, with demand growing by 8.8% in the last year.
