What does the auto parts-to-vehicle price ratio mean?

[RebeccaAnn]

The auto parts-to-vehicle price ratio refers to the total price of all individual parts of a complete vehicle, and the ratio of this price to the vehicle's selling price, multiplied by 100%, resulting in a percentage coefficient. The function of the auto parts-to-vehicle price ratio: Its purpose is to safeguard consumers' right to know and protect their legitimate rights and interests by making repair prices more transparent, providing a relatively scientific reference value for pricing in both the insurance and repair industries. Appropriate parts-to-vehicle price ratio coefficient: For ordinary family cars, a parts-to-vehicle price ratio coefficient between 200% and 400% is considered appropriate. Models such as the Honda Accord, Nissan Teana, Toyota Camry, and Volkswagen Passat all fall within this range.