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Will the Economy Affect the Auto Repair Business?

Joe Marconi
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Joe Marconi

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You can't pick up a newspaper or watch the news on TV without reading or watching something about the state of the economy. No matter how this was caused, or whether we are in a recession now, or it is coming, will the state of the economy affect the Auto Repair business?

Are we recession-proof as so many say we are? Or should we prepare ourselves for tough times ahead?  

  • Joe Marconi changed the title to Will the Economy Affect the Auto Repair Business?


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Transmission Repair

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On 1/19/2023 at 5:46 AM, Joe Marconi said:

You can't pick up a newspaper or watch the news on TV without reading or watching something about the state of the economy. No matter how this was caused, or whether we are in a recession now, or it is coming, will the state of the economy affect the Auto Repair business?

Are we recession-proof as so many say we are? Or should we prepare ourselves for tough times ahead?  

The short answer is no. Reduced work volume yes. But it never goes away entirely. Simple repairs and/or maintenance will drop in volume.  I can't speak for general repair shops but I can speak for what I do for a living . I own a transmission shop and business never goes away entirely. Selective items like a transmission service or fixing a leak goes down volume during tough economic times.  When you're mode to work effects getting to work and back home those repairs are not a deal breaker.  

I would like to think that general repair shops experience the same thing, but I don't know, I'm not in that business. In a nutshell, any repair that affects somebody's ability to make a living is a definite yes. Minor jobs that are elective will go down in tough economic times, major jobs will not.

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