36. A Look Into The REPAIR ACT & The SMART ACT With Tom Kline & Ed Roberts

Want to add strategic pricing to your marketing tool box? Go to InteliChek or call 877-827-7273 and ask about our InteliShare Series!

 

InteliShare  contains all of our promotional tools that you can use to promote your favorable prices, including our InteliAds, the printable flyers that you can show off in easel displays, InteliMedia, for your Digital Media Boards AND InteliWidgets, so you can show off price comparisons on your website and even let your customers schedule from the widget.

 

 

Summary

In this episode, Brandon, Ed, and Tom discuss the Right to Repair Act and its implications for dealerships. They explore the key provisions of the act, including the requirement for manufacturers to provide specifications to third parties and the disclosure of vehicle information captured in telematics.

 

The conversation also touches on the potential impact on warranties, patents, and personal data. The hosts debate the need for regulation in the automotive industry and the balance between consumer choice and intellectual property rights. They also discuss the history and future of the repair act and its potential effects on the industry. The conversation discusses the impact of proposed legislation on the use of aftermarket parts in vehicle repairs.

 

The speakers explore the history of aftermarket parts, the role of certifications, and the potential consequences of the legislation. They also touch on the influence of insurance companies and the importance of educating customers about their repair options. The conversation concludes with a discussion on data privacy and the need for consumers to be informed and make their own decisions.

 

Takeaways

• The Right to Repair Act is an attempt by Congress to level the playing field between dealerships and manufacturers, but it may put dealers and manufacturers at a disadvantage.
• The act requires manufacturers to provide specifications to third parties and disclose all vehicle information captured in telematics, which raises concerns about intellectual property rights and personal data privacy.
• Dealerships are already heavily regulated, and the act adds another layer of complexity and cost, potentially driving up prices for consumers.
• The act may lead to more subscription services and increased prices for vehicles, as manufacturers find alternative ways to recoup costs.
• The future of the repair act is uncertain, with different states passing their own legislation and the potential for changes depending on the political landscape. The quality of aftermarket parts has improved over time, and they can be a cost-effective alternative to OEM parts.
• The proposed legislation would require OEMs to share their patents and information with aftermarket manufacturers, potentially impacting competition and innovation.
• Insurance companies may prefer the use of aftermarket parts to keep costs down, but customers should be educated about their repair options.
• Data privacy is a concern, and consumers should have the choice to share their vehicle data or not.

 

Clips:

Mass Law 2012

2014 Agreement (National Standard)

2020 Ballot Measure

2023 Neal Dunn

2023 Darryl Issa-SMART ACT

NHTSA-Do Not Comply

NHTSA-Reverse Course

 

Music:

Wild Wonder-The Last

Reveille-Night Visions

Lone Canyon-Another Moment

Quiet Lake-Into The Abyss

Alsever Lake-Shine Your Light

 

Guests:

Tom Kline-Better Vantage Point

Ed Roberts-Mile One Leadership