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Here's a look at six reasons why you're paying more for car repairs. More technology in carsJamie Grill | Getty ImagesCommon car repairs can run consumers $500 to $600 a visit and sometimes "much higher," according to AAA. More advanced — and more expensive — technology in vehicles is a big reason for higher repair costs, said Robert Sinclair, Jr., a spokesman for AAA Northeast. More auto wrecks mean greater demand for mechanics, serving to raise prices for car repairs, Sinclair said. Fewer auto repair techniciansMeanwhile, there's been a dearth of available mechanics to meet that greater demand, translating to higher labor costs, auto experts said.
Persons: Michael H, Grill, Robert Sinclair, Jr, Sinclair, Skyler Chadwick, Morgan, Chadwick, Peter Dazeley, there's, Organizations: Getty, AAA, AAA Northeast, Finance, Cox Automotive, P Global Mobility, Bank, National, Traffic Safety Administration, TechForce Foundation, Auto, Cox
Beyond financial credits and rebates, many car shoppers don't know they may also be able to get a better deal on a car loan associated with an electric vehicle. These so-called green auto loans aren't necessarily well-advertised, so consumers need to do their homework. There's no difference between green auto loans and other car loans, other than that the borrower might be able to get a discount for purchasing an EV. A standard internal combustion car loan is set in 12-month increments from 24 months to 84 months, with 72 months typical. By contrast, green auto loans could extend the repayment beyond the standard timeframe, at favorable rates, he said.
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