Cars with ‘smart’ cars are becoming less and less affordable to repair, report finds
Smart car parts are becoming more and more affordable for people to replace as automakers ramp up their efforts to bring cars with connected sensors to the market.
While there are still many reasons to be cautious when buying a car, experts say it’s time to put the smart car on your shopping list.
It’s important to remember that the average smart car cost $1,400 in 2016, up from $700 in 2015, according to a report from The National Automobile Dealers Association.
That’s not the lowest prices we’ve seen, but it’s a drop in the bucket compared to the hundreds of thousands of dollars we’re seeing these days for a new car.
The report also found that the prices of connected-car components are not rising quickly.
According to the industry, the average price for a smart-car part was $250 in 2016.
In 2015, that figure was $550.