What does the auto parts to whole vehicle price ratio mean?
2 Answers
For automobiles, it refers to the ratio of the sum of the prices of specific model's parts to the sales price of the whole vehicle. The uses of auto parts to whole vehicle price ratio: When purchasing a used car, paying attention to the parts to whole vehicle price ratio means calculating the sum of the prices of all the car's parts when disassembled and then dividing it by the price of the whole vehicle. When buying a car, the costs of wear-prone parts, the prices of spare parts, and the maintenance costs of the car are often overlooked. Pay attention to these to reduce future maintenance expenses. Common models' parts to whole vehicle price ratios: Among common models, domestic cars have more accessible parts, so their parts to whole vehicle price ratios are relatively lower. Joint-venture cars have higher ratios, with the Toyota Vios being the highest.
The zero-to-whole ratio is the sum of the prices of all car parts divided by the selling price of the whole car. Having worked in car repair for so many years, I often see car owners getting ripped off: a high zero-to-whole ratio means repair and part replacement costs are exorbitant. For example, some imported cars can have a zero-to-whole ratio exceeding 600%, where a single bumper might cost thousands—it's practically daylight robbery. Domestic cars might hover around 200%, making repair costs much lower and more economical. Always check this data before buying a car because it directly impacts accident repairs or routine maintenance expenses. Choosing a model with a lower zero-to-whole ratio can save you a fortune. Also, pay attention to brand reputation and maintenance records to avoid ending up with a car you can't afford to repair.
