A shortage of available vehicles, higher car prices and interest rates are fueling car owners to hold onto their vehicles longer. Statistics from the Bureau of Transportation Statistics show that the average passenger car on the road is over 13 years old. In 2017, the age of the average car was 11 years old.
All of that holding on means more repairs, but 90% of auto repair shops still use “archaic technology” in the form of spreadsheets and clunky invoicing tools. Though these may be increasingly difficult to use, “change to something new” is keeping shops from upgrading, according to AutoLeap co-CEOs Steve Lau and Rameez Ansari.
Focused on ease of use, AutoLeap is providing an enterprise SaaS offering for the auto repair industry that digitizes their w...
