RetireSafe Applauds New Legislation to Protect Seniors’ Access to Affordable Alternative Crash Parts
Washington, D.C., February 2, 2012 – Representing 400,000 senior citizen supporters across America, RetireSafe welcomes the introduction of the Promoting Automotive Repair, Trade, and Sales (PARTS) Act by Congressman Darrell Issa (R-CA) and Congresswoman Zoe Lofgren (D-CA), two members of the U.S. House Judiciary Committee.
The bill, which protects competition in the automotive aftermarket, would continue to provide seniors with affordable alternative collision repair parts when repairing their cars after an accident. Without this legislative fix, consumers would absorb $1.5 billion in additional repair costs. Those who cannot afford to pay those costs may be forced to forgo repairing their vehicles, resulting in both a personal and a public safety risk. In some cases, the higher costs would lead insurers to declare more damaged vehicles as “total wrecks.” This will force consumers to buy newer vehicles and pay higher insurance premiums.
“Most seniors live on fixed incomes,” said RetireSafe President Thair Phillips. “If they can’t afford to fix their cars when they get into an accident, they may have to quit driving and thus lose their independence.” “This is an important issue for older Americans,” he continued.
“This legislation disproportionately affects any seniors on the road. Any increase in repair costs is a major burden as Social Security makes up about 41 percent of their income,” added Phillips. He concluded, “RetireSafe supports this legislation and urges seniors and all consumers who oppose car companies having a crash parts monopoly to voice their support at www.KeepAutoPartsAffordable.org ”
RetireSafe is a grassroots organization that advocates and educates on behalf of America's seniors on issues regarding Social Security, Medicare, health and financial well-being. RetireSafe expects its government to keep its promises, protect our nation, and maintain the safety and personal freedoms of its citizens.
Al Cors, Jr., Vice President, Public Affairs