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re: Auto mechanics - how much mark up on parts do you feel is fair market value nowadays?
Posted on 5/19/22 at 7:32 pm to Turf Taint
Posted on 5/19/22 at 7:32 pm to Turf Taint
quote:
Current situation: 150% on parts only (excluding labor)
(alternator, pulleys, belts).
How do you know what his cost is on parts and how do you know how much he is marking them up?
Did you look up the exact part he bought or did you look up the china part on Amazon?
2
Posted on 5/19/22 at 7:40 pm to kengel2
quote:
How do you know what his cost is on parts and how do you know how much he is marking them up?
I always spec OE parts for any repair. For years I have seen indy shops price their parts for twice what I can buy them for online, the exact SKU. I don't see any reason the parts margin should increase but certainly understand how the labor rate should go up because you generally see that being where the overhead is along with "shop materials". However, it may just be the higher overhead and labor costs are being spread over labor and parts.
Posted on 5/19/22 at 8:01 pm to kengel2
quote:
How do you know what his cost is?
Asked them source of part. Call same vendor and got quote cheaper by 150% than what is on invoice. Not hard.
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