World Finance
August 15, 2023
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Increasing Auto Repair, Insurance, and Ownership Costs

Rising auto maintenance costs and higher insurance rates are in the works. In recent years, the price of auto ownership, insurance, and required repairs has dramatically grown, in line with growing prices and currency inflation. Frank Ferreira, President of Fera’s Automotive Services in Sharpsburg, claims that costs for labor, rent, taxes, equipment, and components have […]