Daewoo Reduces Parts Prices By Up To 63%

Daewoo parts prices are reduced by up to 63% with immediate effect. The announcement was made today at The Sunday Times Motor Show Live at the NEC.

Older model parts and service parts prices are being cut by up to 63% in order to reduce running and maintenance costs for Daewoo’s customers who are outside their three-year free service entitlement.

Additionally Daewoo is reducing the prices of accident related parts to promote the use of genuine panels and components in a market where pirate components are rife. The company is concerned that the use of non-genuine parts can increase the risk of injury in accidents and can contribute to the early write-off of older cars.

John Sanderson, Daewoo’s Aftersales Director said: ‘We are conscious of the impact that parts pricing can have on Daewoo customers who have not been paying for their services for three years and have carried out a top to bottom review of our parts prices. Reductions have largely been enabled by movements in exchange rates and some careful bulk buying of fast moving components. Retailer margins remain unchanged.’

Price changes affect over 700 parts and are immediate.

Examples are:

  • Old Nubira rear silencer was £123.94 - is now £60 (-52%).
  • Old Nubira front discs were £84.38 each - are now £31.36 each (-63%).
  • Old Lanos oil filter was £5.50 – is now £2.44 (-56%).
  • Old Lanos cam belt was £63.76 – is now £29.14 (-54%).
  • Body panels and associated components - save up to 40%.

The company also introduced its retailer guests at the Motor Show to a new range of accessories across all its model lines.

Published 26 May 2004 Melanie Carter

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