These would be the new costs of the mechanical technical review – Personal Finance – Economy

These would be the new costs of the mechanical technical review – Personal Finance – Economy

According to reports, the prices of the mechanical technical revision would rise up to 15 percent in Colombia due to the circular issued by the Ministry of Transportation that obliges the Automotive Diagnostic Centers (CDA) to issue insurance with each mechanical technical inspection certificate.

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This measure would be implemented from August and affects the thousands of drivers in the country who must carry out the procedure every year to guarantee the state of the bodywork, the levels of emission of gases and polluting elements and, in general, the state of the vehicle.

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Based on the percentage increase, detailed the prices at which the mechanical technical review would remain for different types of vehicles:

  • motorcycles: $174,429 – $199,150
  • Lightweight vehicles: $256,682 – $298,067
  • Heavy vehicles: $385,795 – $455,444

It is worth mentioning that this issue has been the subject of discussion for several months. In January it became known that Law 2283 establishes that CDAs must offer material damage insurance with a mechanical technical reviewassuming the cost of this policy.

The National Association of Automotive Diagnostic Centers expressed concern, since the high cost of the individual policy it could affect their economic viability and lead some entities to disappear.

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The sector held an urgent meeting with the Ministry of Transport to address the situation, and the Ministry promised to carry out legal, financial and technical analyzes to define the pertinent ones.

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By Mitchell G. Patton

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