Average repair cost per unit increased in 2019, primarily due to higher labor rates. Also, PM costs were up as more units require more expensive synthetic oil. Tire price per unit, on average, increased 3% in the past 12 months.
Why the Industry Is Transitioning to Synthetic Motor Oils
There are three key reasons why the transition to synthetic oils is occurring. They are the proliferation of smaller displacement turbocharged engines, escalating CAFE fuel economy requirements, and government regulations to lower tailpipe emissions.