olive

Airfare spending is down 3% year-over-year among Bank of America's credit card users. And where’s that money going? For many, it’s fueling road trips across the country.

In fact, about 70 percent of travelers are planning to vacation stateside this summer, with California topping the list of destinations.

If you're heading on a road trip this summer, get covered with Olive.com

Remember, regular tire rotation every 5,000–8,000 miles keeps you safer on the road!

On average, U.S. automotive labor rates currently fall into a broad range of about $95 to $200/hr.

This cost is not just a random number! Labor rates are based on a few factors, which include:

-Repair shop’s location
-Repair shop type (independent, dealership or specialty)
-The mechanic’s skill level
-The complexity of the repairs

Repair shops also factor in overhead costs like rent, equipment and insurance.

So when you're paying for labor, you're not just paying for a mechanic’s time. You’re paying for the tools, the space, the expertise and the reliability of the shop. It adds up, but at a trustworthy shop, it’s worth it.

Still, let’s keep it 100%... labor costs can hit your wallet hard. If you could avoid them, wouldn't you?

Protect yourself from labor costs with olive, which covers parts AND labor for expensive car repairs.

Get a quote at olive.com

Economic pressures seem to be shaping consumer behavior in the car market!
Data from S&P Global Mobility reports that U.S. car buyers are rushing to dealerships to buy cars, worried car prices might rise with expected tariffs.

It might be time to consider keeping your current car for longer and protecting it from expensive repairs.
Get a quote at olive.com.

The latest updates in the automotive industry highlight three significant trends:

1. The shift towards digital-first solutions is revolutionizing vehicle protection, with companies like Olive.com offering fully online purchasing experiences, enabling customers to customize and buy warranties seamlessly.

2. Flexible, subscription-based coverage plans are becoming increasingly popular as they allow customers to avoid long-term commitments, providing peace of mind and financial flexibility without hidden fees.

3. A growing focus on transparent pricing is reshaping the warranty market, as consumers demand clarity and straightforward options that eliminate the complexities of traditional warranty offerings.

Stay informed with the latest insights.
Source: Cox Vehicles
Protect your vehicle and your wallet from unexpected repairs with Olive.com today.

🚗✨ The automotive world is changing, and customization is leading the charge! Explore the latest trends shaping how we personalize our vehicles—from eco-friendly materials to tech-driven user interfaces and flexible subscription services. Are you ready to express your individuality on the road?

Check out our blog to dive deeper into the future of automotive customization!

What unique features would you want to customize in your vehicle? Share your ideas below!

Protect your vehicle and your wallet from unexpected repairs with Olive.com today. Read more here https://olive.com/the-future-of-automotive-customization-trends-to-watch/