Assurance auto et constructeur

Car insurance: Nespresso manufacturers’ strategy is too costly for motorists

Manufacturers make a lot of money on vehicle repairs, the price of which is rising year by year. As a result, drivers pay more and more expensive premiums for their car insurance. But the law should change the situation soon.

Are car manufacturers responsible for the continued increase in car insurance premiums? We can ask ourselves the question. In fact, high prices for spare parts is one of the main arguments put forward to justify the increase in the car insurance premium every year while at the same time number of claims Declared a decrease (-20% in 2020).

According to Scurit et Rparation Automobile (SRA), an organization close to insurance companies, Auto parts prices increased by 5.8% in 2020: + 7% for Peugeot, + 2% for Renault + 7% for Citron. The French builders are those who practice The highest altitudes in Europe on parts, says the Automobile Distribution Association (FDA).

Up to €780 to change the mirror

Thus, the cost of a basic manual mirror is between 126 and 164 euros. With the electrically adjustable version, it will cost up to 300 euros and even 417 euros on the foldable model. For most high-end cars from Mercedes, Audi, BMW or Tesla, this piece can go up to 780 euros, hard facts and figures indicate.

Exorbitant prices can also be found for a bumper, ranging in price from 367 euros for a Twingo to 692 euros for a Peugeot 508. The favorite car of the French is the Clio, not left out since the price of this part can reach 565 euros in France for … 100 euros in Germany for example, according to an insurance company questioned by MoneyVox.

Car insurance: the green sticker risks disappearing from the windshield

Nespresso strategy

Cyrille Chartier-Kastler, founding president of Facts & Figures, points out that massive sales of SUVs, and the rise of electric vehicles as new entrants like Tesla and its expensive parts are increasing risks for insurance companies. For this insurance expert, manufacturers adopted the Nespresso strategy at the expense of policyholders and insurers. Reduced profit margins on a new car, but a high price for maintenance and repair, like the price of coffee capsules sold by Nespresso. A document denounced by insurance companies because it increases the cost of claims and therefore insurance premiums for 38 million drivers.

in 2018, Mediapart It thus revealed that Renault and PSA had artificially inflated the prices of their parts at a cost to motorists estimated at 1.5 billion euros in 10 years. So-called restricted spare parts (fenders, hoods, fenders, windshields, lights, mirrors, etc.) for which the manufacturer has exclusive production rights, Bills up to 5 times their cost. The two groups did not respond to online media questions.

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In response to a question from MoneyVox, the Commission for French Automobile Manufacturers (CCFA) began and believes that the higher prices of parts are mainly related to the increasing variety of models that consumers demand.

Average savings of €80 per year

An argument that Damian Pechero doesn’t really share. Former MP LREM took over this file and last year introduced a bill aimed at liberalizing the spare parts market. He finally won his case through Section 32 of the Climate and Resilience Act which will take effect from January 2023. A measure that partially ends the legal monopoly of manufacturers.

It is clear that visible parts such as mirrors, hood or shock absorbers will no longer be protected and all glass parts will be completely open to competition. Other equipment manufacturers will be able to produce and market these parts at the end of a ten-year period of registering the design or model of the part as opposed to the current twenty-five years, Matthew Sjoran, FDA general delegate, welcomes. hope so Reducing spare parts prices by 30 to 40%.

Insurance companies are tired of exclusivity, but this provision will force them to return purchasing power to consumers. On average, every French person should be able to Save €80 per year on your insurance, thought Damien Pechero. This law is necessary to limit premium increases, asserts Nicholas Jomart, vice president and general manager of Matmut MoneyVox. This approach should ensure rates that are accessible to policyholders, agrees Fabian Succio, sector specialist at broker Meilleurtaux.

Car insurance: save €340

The price of labor is also rising

The use of expensive spare parts on technology-packed cars has also increased labor cost: +11% in 2020. Increasingly qualified mechanics in electronics also demand higher salaries which affects the bill. As a result, an hour of intervention is billed between €66 and €136 according to the annual barometer Arguswhich is based on the practices of 15,000 workshops in France.

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