Prasco UK is assuring its customers that it will not raise prices across its replacement parts range despite rising business costs set to take effect from 1 April 2025.

The Doncaster-based supplier, which offers over 30,000 product numbers covering all major car marques including MG, BYD and Tesla, said it remains committed to competitive pricing in light of the upcoming increases to the National Minimum Wage and National Insurance Contributions.

“We fully understand the financial pressures repairers are experiencing and the issues surrounding the uncertainty they face when the latest increases come into effect,” said Kelvyn Waugh, Prasco UK’s managing director. “Despite the cost increases brought on by the Minimum Wage and NI increases, we want to reassure our customers that, at present, we have no plans to pass on these additional costs onto them.”

The company said it has taken steps to mitigate the impact of the cost pressures through operational efficiencies and supply chain optimisation.

Kelvyn added: “We have worked tirelessly with our own suppliers since the Government announced last October that it was bringing in the increases to ensure we have the best competitive prices for our parts feasible and now that means no immediate increases. Obviously, I have no crystal ball so I cannot predict what the future holds but, at present, I am determined to maintain our current position of offering the best prices possible.”

Prasco UK’s decision comes as many businesses across the motor trade grapple with cost increases that are expected to hit from the beginning of April, leading to concerns over margins and repair affordability.