Quantcast
Jump to content


Price Sheets


Recommended Posts

My wife and I are taking over a failing auto shop and hope to turn it around. We've owned businesses before, but never auto repair...So I need all the help I can get!!!

 

I think we need to be more competitive with our prices. Does anyone have price sheets they could share with us so we could see how other shops price things? That would be SO HELPFUL! Have any recommendations for prices, what to do OR not do??

 

Also, do you have any recommendations of good conferences to go to, magazines &publications to subscribe to or websites to get help from? Thanks!

Link to comment
Share on other sites

Hi James welcome to the forum. This is a great place with a lot of positive people and knowledge.

 

Some quick questions, is it a general repair shop? Do you have any experience in the automotive field? Are you taking over just the business? Is there property involved? Business currently functioning? Any techs? What kind of shop management is currently being used? Do you have access to a listing of your customers contact information? emails and addresses?

Link to comment
Share on other sites

  • 3 weeks later...

Pricing is a complicated concept that is hard to advise on because so many factors go into it. Your pricing has to:

  • Reflect the quality of your techs work (If your techs aren't providing quality work then setting prices does you no good anyways because your customers won't ever feel like they got their moneys worth regardless of how much they've paid.)
  • It has to make sense financially for you (You need to make above and beyond your break even point so that you can grow your shop and pay yourself.)
  • It has to be enough to weed out the bottom feeders, yet low enough to be reasonable to compete with your customers other needs (You're competing against their kids getting braces, finishing their basement, landscaping their backyard, or even that cruise they've been dying to go on.)

 

It seems to me that there are a lot questions to be asked about why the shop is failing that will have to be answered before you can even begin to set your pricing. I recommend reading the article in Ratchet + Wrench about creating a successful shop.

http://www.ratchetandwrench.com/RatchetWrench/May-2014/Creating-a-Successful-Shop-Culture/

Edited by APM
Link to comment
Share on other sites

I would strongly recommend you read Mitch Schneider's entire series on auto shop management.

It's 8 books, about $30 each, but well worth the investment.

 

I'd be willing to bet that you don't need to be "more competitive" with your pricing.

I'm thinking you need to increase your customer service and have better inspection processes.

 

The main sites I read (besides this one) are:

motor.com

autoinc.org

ratchetandwrench.com

autoshopowner.com

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Available Subscriptions

  • Have you checked out Joe's Latest Blog?

         0 comments
      It always amazes me when I hear about a technician who quits one repair shop to go work at another shop for less money. I know you have heard of this too, and you’ve probably asked yourself, “Can this be true? And Why?” The answer rests within the culture of the company. More specifically, the boss, manager, or a toxic work environment literally pushed the technician out the door.
      While money and benefits tend to attract people to a company, it won’t keep them there. When a technician begins to look over the fence for greener grass, that is usually a sign that something is wrong within the workplace. It also means that his or her heart is probably already gone. If the issue is not resolved, no amount of money will keep that technician for the long term. The heart is always the first to leave. The last thing that leaves is the technician’s toolbox.
      Shop owners: Focus more on employee retention than acquisition. This is not to say that you should not be constantly recruiting. You should. What it does means is that once you hire someone, your job isn’t over, that’s when it begins. Get to know your technicians. Build strong relationships. Have frequent one-on-ones. Engage in meaningful conversation. Find what truly motivates your technicians. You may be surprised that while money is a motivator, it’s usually not the prime motivator.
      One last thing; the cost of technician turnover can be financially devastating. It also affects shop morale. Do all you can to create a workplace where technicians feel they are respected, recognized, and know that their work contributes to the overall success of the company. This will lead to improved morale and team spirit. Remember, when you see a technician’s toolbox rolling out of the bay on its way to another shop, the heart was most likely gone long before that.
  • Similar Topics

    • By DUFRESNES

      Premium Member Content 

      This content is hidden to guests, one of the benefits of a paid membership. Please login or register to view this content.

    • By carmcapriotto
      Thanks to our partners, NAPA TRACS and Promotive
      In this episode of Business by the Numbers, Hunt explores the benefits and considerations of owning your auto shop's real estate. Learn about financing options, affordability, and real-life examples to help you make an informed decision.
      -Understand different financing options for purchasing real estate.
      -Assess your shop's ability to afford property ownership.
      -Learn the long-term benefits of owning your business premises.
      -Real-life examples to illustrate key points.
      
      Thanks to our partners, NAPA TRACS and Promotive
      Did you know that NAPA TRACS has onsite training plus six days a week support?
      It all starts when a local representative meets with you to learn about your business and how you run it.  After all, it's your shop, so it's your choice.
      Let us prove to you that Tracs is the single best shop management system in the business.  Find NAPA TRACS on the Web at NAPATRACS.com
      Paar Melis and Associates – Accountants Specializing in Automotive Repair
      Visit us Online: www.paarmelis.com
      Email Hunt: [email protected]
      Get a copy of my Book: Download Here
      Aftermarket Radio Network
      Click to go to the Podcast on Remarkable Results Radio
    • By Changing The Industry
      Reacting To A Viral TikTok On The Cost of Auto Repair
    • By carmcapriotto
      Welcome to another episode of the Auto Repair Marketing Podcast, hosted by Brian and Kim Walker! 
      Today, we have a very special guest, Michael Doherty, who was our exceptional service advisor at Peak Automotive in Apex, North Carolina. 
      Michael has been a pivotal figure in our journey, and we are thrilled to share his insights on customer loyalty and retention. He’ll discuss his unique approach to building lasting client relationships and the importance of genuine care and transparency.
      Thank you to RepairPal for sponsoring The Auto Repair Marketing Podcast. Learn more about RepairPal at https://repairpal.com/shops
      Lagniappe (Books, Links, Other Podcasts, etc)
      WorldPac - https://www.wtitraining.com/
      Worldpac STX - https://automotivetrainingevents.com/event/stx/
      Traver Technologies: https://traverconnect.com/
      ShopWare - https://shop-ware.com/
      How To Get In Touch
      Group - Auto Repair Marketing Mastermind
      Website - shopmarketingpros.com 
      Facebook - facebook.com/shopmarketingpros 
      Get the Book - shopmarketingpros.com/book
      Instagram - @shopmarketingpros 
      Questions/Ideas - [email protected] 
      Click to go to the Podcast on Remarkable Results Radio
    • By Changing The Industry
      Episode 172 - AI Integration & Social Media Impact In Auto Repair With Andrew Fischer


  • Our Sponsors



×
×
  • Create New...