As more Americans hold on to their cars longer, the average age of vehicles in the U.S. is 11.9 years. Older cars require more frequent maintenance and repairs, which increases the demand for replacement parts. With 30,000 auto parts in the average car, the services of auto parts franchises are in demand to help car owners get the most from their older cars.
When an automobile needs to be repaired, new parts are almost certainly going to be required. Auto repair shops, dealerships, and individual vehicle owners need to have access to a steady supply of parts that are available quickly and for a fair price. With an auto parts franchise, you could tap into your love of cars and build a business that will serve you well for years.
Fill an Ongoing Demand
The need for auto parts isn’t going anywhere anytime soon. In some industries, it can be hard to determine what is going to be trendy next, so you may get into a business only to find that the popularity of those products or services soon declines. With auto parts, it’s hard to think that this will be an issue. Even as vehicle technology changes and the composition of the cars of the road evolves, those cars will still need replacement parts. And every new year brings a full lineup of models that all need new and unique parts!
Customer Service Is Crucial
If you are considering a wide range of business ventures, you’ll want to think about your own personality and how it lines up with the business you decide to open. For an auto parts franchise, an outgoing personality and friendly demeanor are surprisingly important. This isn’t a business where you have your head buried under the hood of a car for most of the day. Rather, you’ll be building relationships, meeting potential customers, and solving problems.
Car Knowledge is Extremely Helpful
You don’t need to be a walking encyclopedia of auto parts information to thrive in this business, but you probably should have plenty of existing expertise in the space. Your existing knowledge of auto parts and auto repair will help you serve customers, and you can learn even more about the industry as you move along. It will also be important to keep your knowledge up to date and relevant as cars change and the parts they require shift to new designs.
