--- title: Auto Repair to Benefit as Consumers are Priced Out of New-Car Market description: Auto repair industry will benefit as auto manufacturers struggle to keep up with demand for new cars. image: https://www.cross-check.com/hubfs/iStock-1285071153.jpg --- - [** ](http://www.linkedin.com/company/62566) - [** ](http://www.facebook.com/crosscheck) - [** ](http://twitter.com/CrossCheckInc) - [** ](http://www.youtube.com/user/CrossCheckInc) - [Merchant Portal](https://merchant.cross-check.com/portal/login.jsp?) - [![Schedule Free Consultation](https://no-cache.hubspot.com/cta/default/138250/a216f745-f296-4eec-a075-490085cfe3a3.png)](https://cta-redirect.hubspot.com/cta/redirect/138250/a216f745-f296-4eec-a075-490085cfe3a3) [![CrossCheck Logo](https://www.cross-check.com/hs-fs/hubfs/CrossCheck_May2019/logos/CrossCheck.png?width=138&name=CrossCheck.png "CrossCheck Logo")](https://www.cross-check.com/) # Auto Repair to Benefit as Consumers are Priced Out of New-Car Market Posted by [Patrik Jorgensen](https://www.cross-check.com/blog/author/patrik-jorgensen) | Tue, Dec 14, 2021 @ 11:49 AM - [Tweet](https://twitter.com/share) ![iStock-1285071153](https://www.cross-check.com/hs-fs/hubfs/iStock-1285071153.jpg?width=6720&name=iStock-1285071153.jpg)There are several factors to suggest prices for both new and used cars will continue to rise well into 2022 from the record levels already reached this year. At an average in 2021 of $45,000 for new cars and $25,000 for used cars - and rising - many consumers will likely find it either unpalatable or even impossible to buy a new car. That is great news for auto repair shops. CrossCheck can help seal the deal with sensible payment options as cash-strapped consumers will be increasingly likely to pay for repairs, rather than throw their older cars on the scrap heap. The much-reported computer chip shortage continues to slow new-car manufacturing, putting a strain on supply. Also, the continued shift in consumer preference away from sedans to more expensive SUVs will continue to raise average prices. However, demand will eventually cool as the average consumers hold onto their cars a year or two longer than they normally would have and wait for the inevitable pricing adjustment. Not great news for auto manufacturers, who will hope demand remains high even as supply rebounds. However, it could be fantastic news for the auto repair industry, as repair shops will be only too happy to keep older cars on the road longer. ### **The aftermarket parts and repair industry could be in for a banner year** Auto production dropped an astonishing 99% from February 2020 to April 2020. For all of 2020, production fell 23% and, at the latest reporting, production in all of 2021 is on pace to fall another 8% compared to last year. Meanwhile, demand for both new and used cars has steadily risen following generous stimulus payments from the federal government, in addition to historically low-interest rates for both auto and home loans. The perfect storm of low supply, high demand and skyrocketing prices will almost certainly continue well into 2022, especially as semi-conductor production and delivery will likely not meet demand until sometime in 2023(!). ### **That old sedan will start to look better…** ![iStock-1277561516](https://www.cross-check.com/hs-fs/hubfs/iStock-1277561516.jpg?width=5472&name=iStock-1277561516.jpg)Meanwhile, look for more consumers to have second thoughts when deciding to buy new wheels, preferring instead to pay for that expensive fix to their old car, which might have otherwise prompted them to visit the new car lots during the holidays. This is where CrossCheck comes in. ### **Multiple Check is the ideal payment method when fixing the old car** Expensive repairs – everything from damaged catalytic converters to new transmissions – will require a hefty payment, which may be difficult for the average consumer. However, CrossCheck’s Multiple Check premium can help as it will allow the customer to write multiple checks, which will be deposited over time, perhaps coinciding with customers’ paydays. CrossCheck even offers added protection for auto repair shops with Check Guarantee and Stop Payment Protection, which will ensure payment even if a check bounces or the customer requests the bank to stop payment. [![Multiple Check Insider's Guide](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/138250/448dafa5-054a-4c82-b78c-db528659c370.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/138250/448dafa5-054a-4c82-b78c-db528659c370) Topics: [CrossCheck](https://www.cross-check.com/blog/topic/crosscheck), [Auto Dealerships](https://www.cross-check.com/blog/topic/auto-dealerships), [Auto Repair](https://www.cross-check.com/blog/topic/auto-repair), [Stop Payment Protection](https://www.cross-check.com/blog/topic/stop-payment-protection), [Multiple Check](https://www.cross-check.com/blog/topic/multiple-check) #### Written by [Patrik Jorgensen](https://www.cross-check.com/blog/author/patrik-jorgensen) ### Subscribe ### Topics - [Check Guarantee (81)](https://www.cross-check.com/blog/topic/check-guarantee) - [Multiple Check (61)](https://www.cross-check.com/blog/topic/multiple-check) - [Auto Dealerships (51)](https://www.cross-check.com/blog/topic/auto-dealerships) - [CrossCheck (34)](https://www.cross-check.com/blog/topic/crosscheck) - [Check Verification (33)](https://www.cross-check.com/blog/topic/check-verification) - [ACH (27)](https://www.cross-check.com/blog/topic/ach) - [Electronic Check Processing (22)](https://www.cross-check.com/blog/topic/electronic-check-processing) - [Auto Repair (21)](https://www.cross-check.com/blog/topic/auto-repair) - [Remote Deposit Capture (RDC) (20)](https://www.cross-check.com/blog/topic/remote-deposit-capture-rdc) - [ACH payments (18)](https://www.cross-check.com/blog/topic/ach-payments) - [Building Materials (15)](https://www.cross-check.com/blog/topic/building-materials) - [Increase Sales (14)](https://www.cross-check.com/blog/topic/increase-sales) - [Mobile Pay (14)](https://www.cross-check.com/blog/topic/mobile-pay) - [Veterinarians (14)](https://www.cross-check.com/blog/topic/veterinarians) - [Auto Aftermarket (13)](https://www.cross-check.com/blog/topic/auto-aftermarket) - [Check on Delivery (12)](https://www.cross-check.com/blog/topic/check-on-delivery) - [Home Furnishings (12)](https://www.cross-check.com/blog/topic/home-furnishings) - [Construction (11)](https://www.cross-check.com/blog/topic/construction) - [Retail (11)](https://www.cross-check.com/blog/topic/retail) - [Dentists (10)](https://www.cross-check.com/blog/topic/dentists) - [Brandes Elitch (9)](https://www.cross-check.com/blog/topic/brandes-elitch) - [C.A.R.S. (8)](https://www.cross-check.com/blog/topic/c-a-r-s) - [Check Processing (8)](https://www.cross-check.com/blog/topic/check-processing) - [Auto Industry (7)](https://www.cross-check.com/blog/topic/auto-industry) - [Heavy Equipment (7)](https://www.cross-check.com/blog/topic/heavy-equipment) - [Independent Sales Organization (ISO) (7)](https://www.cross-check.com/blog/topic/independent-sales-organization-iso) - [Medical (7)](https://www.cross-check.com/blog/topic/medical) - [Payment Guarantee Services (7)](https://www.cross-check.com/blog/topic/payment-guarantee-services) - [Small Business (7)](https://www.cross-check.com/blog/topic/small-business) - [Check Fraud (6)](https://www.cross-check.com/blog/topic/check-fraud) - [Stop Payment Protection (6)](https://www.cross-check.com/blog/topic/stop-payment-protection) - [multiple check payment program (6)](https://www.cross-check.com/blog/topic/multiple-check-payment-program) - [Automotive Payment Solution (5)](https://www.cross-check.com/blog/topic/automotive-payment-solution) - [Check Payment Processing (5)](https://www.cross-check.com/blog/topic/check-payment-processing) - [credit card (5)](https://www.cross-check.com/blog/topic/credit-card) - [Bounced Check Protection (4)](https://www.cross-check.com/blog/topic/bounced-check-protection) - [Business Payment Solutions (4)](https://www.cross-check.com/blog/topic/business-payment-solutions) - [Cash Flow Management (4)](https://www.cross-check.com/blog/topic/cash-flow-management) - [Check Acceptance (4)](https://www.cross-check.com/blog/topic/check-acceptance) - [CheckPayments (4)](https://www.cross-check.com/blog/topic/checkpayments) - [Credit Card Fees (4)](https://www.cross-check.com/blog/topic/credit-card-fees) - [Electronic Transactions Association (ETA) (4)](https://www.cross-check.com/blog/topic/electronic-transactions-association-eta) - [Furniture Retail (4)](https://www.cross-check.com/blog/topic/furniture-retail) - [Las Vegas Market (LVM) (4)](https://www.cross-check.com/blog/topic/las-vegas-market-lvm) - [Motorcycle Dealers (4)](https://www.cross-check.com/blog/topic/motorcycle-dealers) - [check guarantee services (4)](https://www.cross-check.com/blog/topic/check-guarantee-services) - [crosscheck check guarantee (4)](https://www.cross-check.com/blog/topic/crosscheck-check-guarantee) - [Auto Dealership Payments (3)](https://www.cross-check.com/blog/topic/auto-dealership-payments) - [B2B Payments (3)](https://www.cross-check.com/blog/topic/b2b-payments) - [Events / Conferences (3)](https://www.cross-check.com/blog/topic/events-conferences) - [Future Payments (3)](https://www.cross-check.com/blog/topic/future-payments) - [Guaranteed payments (3)](https://www.cross-check.com/blog/topic/guaranteed-payments) - [HVAC (3)](https://www.cross-check.com/blog/topic/hvac) - [High-ticket transactions (3)](https://www.cross-check.com/blog/topic/high-ticket-transactions) - [NSF (3)](https://www.cross-check.com/blog/topic/nsf) - [Payment Protection (3)](https://www.cross-check.com/blog/topic/payment-protection) - [Payment Solutions (3)](https://www.cross-check.com/blog/topic/payment-solutions) - [Plus Sales (3)](https://www.cross-check.com/blog/topic/plus-sales) - [Risk Management (3)](https://www.cross-check.com/blog/topic/risk-management) - [Travis Powers (3)](https://www.cross-check.com/blog/topic/travis-powers) - [Vet Industry (3)](https://www.cross-check.com/blog/topic/vet-industry) - [auto dealership payment solutions (3)](https://www.cross-check.com/blog/topic/auto-dealership-payment-solutions) - [payment risk protection (3)](https://www.cross-check.com/blog/topic/payment-risk-protection) - [Animal Hospitals (2)](https://www.cross-check.com/blog/topic/animal-hospitals) - [Auto Repair Payment Solutions (2)](https://www.cross-check.com/blog/topic/auto-repair-payment-solutions) - [Automotive payments (2)](https://www.cross-check.com/blog/topic/automotive-payments) - [Boat Dealerships (2)](https://www.cross-check.com/blog/topic/boat-dealerships) - [Business Finance (2)](https://www.cross-check.com/blog/topic/business-finance) - [CrossCheck Multiple Check program (2)](https://www.cross-check.com/blog/topic/crosscheck-multiple-check-program) - [Dealer operations (2)](https://www.cross-check.com/blog/topic/dealer-operations) - [Furniture Stores (2)](https://www.cross-check.com/blog/topic/furniture-stores) - [National Automobile Dealers Association (NADA) (2)](https://www.cross-check.com/blog/topic/national-automobile-dealers-association-nada) - [Open Banking (2)](https://www.cross-check.com/blog/topic/open-banking) - [Secure Payments (2)](https://www.cross-check.com/blog/topic/secure-payments) - [Veterinary Industry (2)](https://www.cross-check.com/blog/topic/veterinary-industry) - [Veterinary Payment Solutions (2)](https://www.cross-check.com/blog/topic/veterinary-payment-solutions) - [auto dealer finance office (2)](https://www.cross-check.com/blog/topic/auto-dealer-finance-office) - [credit card processing costs (2)](https://www.cross-check.com/blog/topic/credit-card-processing-costs) - [dealership cash flow solutions (2)](https://www.cross-check.com/blog/topic/dealership-cash-flow-solutions) - [dealership profitability (2)](https://www.cross-check.com/blog/topic/dealership-profitability) - [dealership revenue protection (2)](https://www.cross-check.com/blog/topic/dealership-revenue-protection) - [down payment solutions (2)](https://www.cross-check.com/blog/topic/down-payment-solutions) - [flexible payment options for car buyers (2)](https://www.cross-check.com/blog/topic/flexible-payment-options-for-car-buyers) - [how to accept checks safely (2)](https://www.cross-check.com/blog/topic/how-to-accept-checks-safely) - [merchant payment solutions (2)](https://www.cross-check.com/blog/topic/merchant-payment-solutions) - [payment assurance (2)](https://www.cross-check.com/blog/topic/payment-assurance) - [small business check processing (2)](https://www.cross-check.com/blog/topic/small-business-check-processing) - [Al Arco (1)](https://www.cross-check.com/blog/topic/al-arco) - [Associations (1)](https://www.cross-check.com/blog/topic/associations) - [Auto body shop payment solutions (1)](https://www.cross-check.com/blog/topic/auto-body-shop-payment-solutions) - [Building Supply (1)](https://www.cross-check.com/blog/topic/building-supply) - [Business payments (1)](https://www.cross-check.com/blog/topic/business-payments) - [COD (1)](https://www.cross-check.com/blog/topic/cod) - [Charles Dortch III (1)](https://www.cross-check.com/blog/topic/charles-dortch-iii) - [Collision repair industry (1)](https://www.cross-check.com/blog/topic/collision-repair-industry) - [Collision repair shops (1)](https://www.cross-check.com/blog/topic/collision-repair-shops) - [Collision shop recovery (1)](https://www.cross-check.com/blog/topic/collision-shop-recovery) - [Commercial Check (1)](https://www.cross-check.com/blog/topic/commercial-check) - [Contracting & Trades (1)](https://www.cross-check.com/blog/topic/contracting-trades) - [Contracting Payment Solutions (1)](https://www.cross-check.com/blog/topic/contracting-payment-solutions) - [Credit tightening (1)](https://www.cross-check.com/blog/topic/credit-tightening) - [CrossCheck automotive payment solutions (1)](https://www.cross-check.com/blog/topic/crosscheck-automotive-payment-solutions) - [CrossCheck payment solutions (1)](https://www.cross-check.com/blog/topic/crosscheck-payment-solutions) - [Down payments (1)](https://www.cross-check.com/blog/topic/down-payments) - [Furniture Business Growth (1)](https://www.cross-check.com/blog/topic/furniture-business-growth) - [Furniture Industry (1)](https://www.cross-check.com/blog/topic/furniture-industry) - [Garage Door Installers (1)](https://www.cross-check.com/blog/topic/garage-door-installers) - [HVAC Payment Solutions (1)](https://www.cross-check.com/blog/topic/hvac-payment-solutions) - [Heating and Cooling (1)](https://www.cross-check.com/blog/topic/heating-and-cooling) - [High-Dollar Transactions (1)](https://www.cross-check.com/blog/topic/high-dollar-transactions) - [Home Furnishings Association (HFA) (1)](https://www.cross-check.com/blog/topic/home-furnishings-association-hfa) - [Integration (1)](https://www.cross-check.com/blog/topic/integration) - [K-shaped economic recovery auto industry (1)](https://www.cross-check.com/blog/topic/k-shaped-economic-recovery-auto-industry) - [Merchant Payments (1)](https://www.cross-check.com/blog/topic/merchant-payments) - [Merchant Risk (1)](https://www.cross-check.com/blog/topic/merchant-risk) - [Pay-by-Bank (1)](https://www.cross-check.com/blog/topic/pay-by-bank) - [Payment Processing Strategy (1)](https://www.cross-check.com/blog/topic/payment-processing-strategy) - [Payment Security (1)](https://www.cross-check.com/blog/topic/payment-security) - [Payment Strategy (1)](https://www.cross-check.com/blog/topic/payment-strategy) - [Payment certainty (1)](https://www.cross-check.com/blog/topic/payment-certainty) - [PaymentProcessing (1)](https://www.cross-check.com/blog/topic/paymentprocessing) - [Payments Risk (1)](https://www.cross-check.com/blog/topic/payments-risk) - [Pet Care Professionals (1)](https://www.cross-check.com/blog/topic/pet-care-professionals) - [Plumbing (1)](https://www.cross-check.com/blog/topic/plumbing) - [Retail Operations (1)](https://www.cross-check.com/blog/topic/retail-operations) - [Retail Payment Solutions (1)](https://www.cross-check.com/blog/topic/retail-payment-solutions) - [Returned Checks (1)](https://www.cross-check.com/blog/topic/returned-checks) - [Returned check protection (1)](https://www.cross-check.com/blog/topic/returned-check-protection) - [Tax Refund Season (1)](https://www.cross-check.com/blog/topic/tax-refund-season) - [Todd Little (1)](https://www.cross-check.com/blog/topic/todd-little) - [Veterinary Industry Best Practices (1)](https://www.cross-check.com/blog/topic/veterinary-industry-best-practices) - [Veterinary Office (1)](https://www.cross-check.com/blog/topic/veterinary-office) - [auto dealer sales strategies (1)](https://www.cross-check.com/blog/topic/auto-dealer-sales-strategies) - [auto dealership financing (1)](https://www.cross-check.com/blog/topic/auto-dealership-financing) - [auto finance challenges 2025 (1)](https://www.cross-check.com/blog/topic/auto-finance-challenges-2025) - [auto loan approvals (1)](https://www.cross-check.com/blog/topic/auto-loan-approvals) - [auto repair payment options (1)](https://www.cross-check.com/blog/topic/auto-repair-payment-options) - [auto repair shop payment tools (1)](https://www.cross-check.com/blog/topic/auto-repair-shop-payment-tools) - [bad check protection (1)](https://www.cross-check.com/blog/topic/bad-check-protection) - [car dealer financing alternatives (1)](https://www.cross-check.com/blog/topic/car-dealer-financing-alternatives) - [car dealer payment guarantee (1)](https://www.cross-check.com/blog/topic/car-dealer-payment-guarantee) - [car dealer payment options (1)](https://www.cross-check.com/blog/topic/car-dealer-payment-options) - [car sales closing tips (1)](https://www.cross-check.com/blog/topic/car-sales-closing-tips) - [check guarantee cost (1)](https://www.cross-check.com/blog/topic/check-guarantee-cost) - [check guarantee fees (1)](https://www.cross-check.com/blog/topic/check-guarantee-fees) - [check guarantee for tire shops (1)](https://www.cross-check.com/blog/topic/check-guarantee-for-tire-shops) - [consumer car buying trends 2025 (1)](https://www.cross-check.com/blog/topic/consumer-car-buying-trends-2025) - [credit card surcharges (1)](https://www.cross-check.com/blog/topic/credit-card-surcharges) - [dealership F&I solutions (1)](https://www.cross-check.com/blog/topic/dealership-fi-solutions) - [dealership cash flow management (1)](https://www.cross-check.com/blog/topic/dealership-cash-flow-management) - [guaranteed ACH pricing (1)](https://www.cross-check.com/blog/topic/guaranteed-ach-pricing) - [interchange fees (1)](https://www.cross-check.com/blog/topic/interchange-fees) - [lifetime residuals (1)](https://www.cross-check.com/blog/topic/lifetime-residuals) - [merchant payment risk (1)](https://www.cross-check.com/blog/topic/merchant-payment-risk) - [merchant portal (1)](https://www.cross-check.com/blog/topic/merchant-portal) - [multiple check payment option (1)](https://www.cross-check.com/blog/topic/multiple-check-payment-option) - [negative equity trade-ins (1)](https://www.cross-check.com/blog/topic/negative-equity-trade-ins) - [paycheck to paycheck consumers (1)](https://www.cross-check.com/blog/topic/paycheck-to-paycheck-consumers) - [payment compliance (1)](https://www.cross-check.com/blog/topic/payment-compliance) - [payment protection for businesses (1)](https://www.cross-check.com/blog/topic/payment-protection-for-businesses) - [payment protection for mechanics (1)](https://www.cross-check.com/blog/topic/payment-protection-for-mechanics) - [reducing payment fees (1)](https://www.cross-check.com/blog/topic/reducing-payment-fees) - [save more deals (1)](https://www.cross-check.com/blog/topic/save-more-deals) - [small business payment solutions (1)](https://www.cross-check.com/blog/topic/small-business-payment-solutions) - [subprime auto loans 2025 (1)](https://www.cross-check.com/blog/topic/subprime-auto-loans-2025) - [tire shop payment options (1)](https://www.cross-check.com/blog/topic/tire-shop-payment-options) - [tire shop payment solutions (1)](https://www.cross-check.com/blog/topic/tire-shop-payment-solutions) - [vehicle sales trends 2025 (1)](https://www.cross-check.com/blog/topic/vehicle-sales-trends-2025) - [veterinary care (1)](https://www.cross-check.com/blog/topic/veterinary-care) [see all](https://www.cross-check.com/blog/2022-auto-outlook-who-benefits-if-prices-for-new-and-used-cars-keep-rising#) ### Recent Posts #### [CONTACT us](https://www.cross-check.com/contact-us) CrossCheck, Inc 1440 N McDowell Blvd Petaluma, CA 94954 [707-665-2100](tel:7076652100) - [** ](http://www.linkedin.com/company/62566) - [** ](http://www.facebook.com/crosscheck) - [** ](http://twitter.com/CrossCheckInc) - [** ](http://www.youtube.com/user/CrossCheckInc) #### [SITE INFO](https://www.cross-check.com/about-crosscheck) [Terms of Use](https://www.cross-check.com/terms-of-use) [Privacy Policy](https://www.cross-check.com/privacy-policy) [Privacy Notice for Ca Residents](https://www.cross-check.com/california-privacy-notice) [Site Map](https://www.cross-check.com/site-map) [About Us](https://www.cross-check.com/about-crosscheck) [Why CrossCheck](https://www.cross-check.com/why-cross-check) [Testimonials](https://www.cross-check.com/merchant-testimonials) [Press Releases](https://www.cross-check.com/news-and-press-releases/) [Careers](https://www.cross-check.com/careers) © 2026 CrossCheck, Inc. ** ![](https://px.ads.linkedin.com/collect/?pid=1202954&fmt=gif) Please ensure Javascript is enabled for purposes of [website accessibility](https://userway.org) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Patrik Jorgensen", "url" : "https://www.cross-check.com/blog/author/patrik-jorgensen" }, "dateModified" : "2023-09-14T14:52:46.067Z", "datePublished" : "2021-12-14T19:49:58.000Z", "headline" : "Auto Repair to Benefit as Consumers are Priced Out of New-Car Market", "image" : [ "https://www.cross-check.com/hubfs/iStock-1285071153.jpg" ], "mainEntityOfPage" : { "@id" : "https://www.cross-check.com/blog/2022-auto-outlook-who-benefits-if-prices-for-new-and-used-cars-keep-rising", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://www.cross-check.com/hs-fs/file-831681902-jpg/images/crosscheck_logo-1.jpg" }, "name" : "CrossCheck Inc." } } ```