What is the 2021 Auto Parts to Whole Vehicle Price Ratio?
2 Answers
According to data released by the China Insurance Research Institute, in the 12th Auto Parts to Whole Vehicle Price Ratio report, the top 10 models with the highest coefficients are the Mercedes-Benz C-Class, BMW X1, Infiniti Q50L, BMW X3, Lexus ES, Mercedes-Benz GLC-Class, Mercedes-Benz E-Class, Audi A8 (import), BMW 3 Series, and FAW Toyota Avalon. Additional information: The Beijing Mercedes-Benz C-Class (check base price for configuration) has a parts-to-whole ratio coefficient of 823.59%, far exceeding the average index of 100 models (the average parts-to-whole ratio coefficient of the 100 models in the report) at 350.93%, reflecting that its parts repair costs are also the highest. It is worth noting that the current 350.93% shows an overall upward trend compared to the 11th report's 336.97%, with the luxury car sector also exhibiting an upward trend.
When I bought a car two years ago, I did a lot of research on the parts-to-whole ratio. The 2021 auto parts-to-whole ratio refers to the total price of all vehicle components divided by the price of the entire car. A higher ratio means more expensive repairs. Back then, reports showed that some domestic car models in 2021 had ratios between 200% and 300%, meaning the total cost of parts was two to three times the car's price, which was relatively reasonable. However, certain European luxury brands could exceed 800%, where replacing a small part might cost half the price of the car. This directly impacts my wallet—maintenance fees and insurance premiums could skyrocket, especially after an accident. If the ratio is high, insurance companies might drag their feet during claims. That's why I always choose models with low parts-to-whole ratios, like economical family cars, to save money and hassle in the long run. By the way, 2021 data also revealed that high parts-to-whole ratios often correlate with parts supply issues, like during the chip shortage when some brands' components became even pricier. Buying a car isn't just about the down payment; long-term ownership costs matter, and the parts-to-whole ratio is a super important indicator.
