Click here to see some free example documents. ....... Was even happier when I checked and found out the UV-marked service parts had been replaced as per the service schedule (only UV-marked as I'd had suspicions of work not being carried out previously - as I'd got it back from an earlier inspection with no valve clearance report, no shims needed and no record of cam chest gasket being replaced). If one can’t produce a product sellable for market price then one should find a different product. Example, if you wanted 30% for the tech and 70% for the shop and you paid techs $28 per hour, you would take $28 divided by 30% (.30) which would equal $93.33. December 16, 2019 at 11:06 am #94721 The $10 per hour labor cost gap between GM and Toyota Motor Corp 7203.T translates to roughly $250 a car in additional labor costs for GM, according to data in the study. Within the euro area, the largest increases were recorded in Slovakia (+7.8 %), Estonia (+7.7 %) and Latvia (+7.4 %) . Is Your Auto Repair Shop Like Tom Brady, The GOAT? My labor price is ten percent less than what they charge, even if my cost state I could do it for much less. I also include what’s called the technicians tax & benefit load. I am in the bay area and Peter Pan BMW of the Nor Cal Bay Area just quoted me $220 for an hour of labor to install a CF trim piece to the steering wheel. That included everything from my fixed costs like internet, phone, trash, etc, as well as my floating costs like electric, snap-on expenses, etc. These are excellent tools for service advisors to use when creating estimates, and monitoring shop and individual goals progress. We have put together a directory of the top suppliers of mobile air conditioning parts and A/C supplies for autos, trucks and heavy equipment. My concept is different enough to be ridiculed by most. Once you have that number then you can figure out what your labor rate needs to be for YOUR shop. London was the second-most expensive (£77.42) while third was Worcestershire at £77.16 per-hour. I then paid my techs (when I still had techs) a yearly figure between thirty and forty percent of what they billed. I actually did his calculation in reverse. I market against the local MB and BMW dealers. Many automotive parts vendors, suppliers and manufacturers offer programs through auto parts stores to help repair shops. I then paid my techs (when I still had techs) a yearly figure between thirty and forty percent of what they billed. So, to figure out what their labor rate should be they work the numbers starting with their average tech pay per hour, then calculate what their labor rate needs to be to hit the right percentage. Although somewhat off topic, sorry, it is worth throwing this out there as it was mentioned above, It is my understanding that no work done by an indy or any other type of mechanic outside of BMW, is warranted by BMW in any way, other than for parts BMW agents may supply to them that carry a parts warranty. Reach 14,900+ automotive industry experts with your message. I have always felt that I would not have a business if I couldn’t produce a product at or below market price. Outfitted as the … I actually did his calculation in reverse. We'll have this time-saving information on file when you visit the dealership. Payroll taxes, uniforms, health insurance, employee meals etc…This is what your techs true costs to the company are and make sure you let all of your employees at the end of the year know what their total benefits package was. This was fine because long term I also was interested in only the top third of the market, thus I was very happy for the bottom two thirds to find another place to use price as their first reason to be there. A popular wage surveying company claimed that the average hourly rate is $21, and the average salary is $93,000. At Kelley Blue Book you can get the Fair Repair Price Range for the service you need. We have assembled a list of more than 35 companies that specialize in marketing and advertising services specifically for auto repair shops. Share this post. The following is a list of the top software companies offering automotive and truck repair shop management systems from the most basic to those with a long list of features. If we were to charge a flat $325 for the swap, that translates to a labor rate of slightly less than $81.25/hour. In most cases, the independent BMW technician will have a lower hourly rate than a dealer. Browse the most comprehensive resource for auto shop management software systems: comparision charts, surveys, demos, must-have features, and integrations. I know I want to raise it but just unsure by how much- although I have an idea. I know many people just raise it by a certain amount but I know there is a calculation that some people use. That is how we do it as well. Valuable information about auto repair shop monthly expenses, including payroll, expense tracking, labor rates, pricing, accounting methods, and insurance. I like Tom’s concept, but it was never the way I did it. If so what is it and/ or any suggestions? FORUMS. One shop may charge a lower per hour labor rate but will charge 50% more labor time to complete the same job, thus a lower labor rate shop will charge you more for the same job. Automotive Management Network is a 14,000 member Website full of high-value documents, resources, and tips. I would follow Tom Ham’s steps to arriving at you appropriate Labor Rate. My labor price is ten percent less than what they charge, even if my cost state I could do it for much less. Auto repair shop customer materials, repair quality, car shopping, surveys, fuel mileage calculation, Forms for night drop, after hours, early bird drop off. If you raise your labor rate every year $3 who would even see or feel it yet complain about $7.20 a ticket? Auto repair shop marketing and advertising tips along with topics on digital media, direct mail, TV, radio, print, email, promotions, discounts, and deals. Last quarter the AAR Labor Rate was $138.05 . Dive a bit deeper into topics that impact your day-to-day operations and your bottom line. My product has to be as good or better and equivalent in price. This is a decrease of $-7.39 .or. Find the best designs for automotive shop layout and design efficiency. A free inside look at BMW hourly pay trends based on 261 hourly pay wages for 146 jobs at BMW. Hourly labour rates for workshops with GDSI (Global Dealership Space Identity) and workshop automation or Non-GDSI workshops, which are less than 5-years old but with workshop automation, have been increased. Auto repair shop checklists for oil, tires, cooling, clutch, axles, a/c, alignment, brakes, maintenance, steering, windows, manifolds, heater, fuel system. www.autofixsos.com. We charge VW $107  Audi $127  137  Super Hi-tech cars and Porsche $150 hr. chris@autofixsos.com I already called around to see roughly what everyone is at around my area. Our regularly updated list of auto repair training webinars, podcasts, and videos as well as auto repair trade shows, conferences, classes, and events. Comprehensive lists of both OEM and aftermarket scan tools and diagnostic software with coverage for domestic, Asian and European vehicles. Repair Cost BMW 5 Series Estimated Services Repair Prices Brake system fluid flush ... Labor cost/hour $80.00 - $150.00 2003 BMW 5 Series serviced November 2018 Common Service Intervals GET QUOTES Air filter (Replace) Every 36,000 miles GET QUOTES Recent Arrival! In this directory you will find the major manufacturers for auto lifts, truck lifts, and vehicle lifts for most applications. Customer Loyalty Retention Acquisition Cycle. I've had a few jobs done by my local Sytner garage in the past to maintain main agent history, and looking at them now I can't really see what their hourly rate is! We searched for companies familiar with financing for auto repair businesses needing funds for inventory, equipment, improvements, cash flow, new locations, marketing, working capital and any other type of financial need. I also come up with shop labor rate as Tom described. If someone who was less experienced took on the job at $60/hour and took 7 hours to do it, your total cost would be $25 more, even though your labor rate would be 26 percent lower. Thus market price is my whole world. BMW Group Canada in Canada - Hourly Rate - Get a free salary comparison based on job title, skills, experience and education. Most of the time my rates were 25 -30 percent above all independents in my market area and I was thus out of competition with them. That’s where you call all the shops in town and end up in the middle. The companies listed here offer a variety of online service advisor training, webinars, classes, coaching and consulting covering a number of topics including efficiency, time management, productivity, profitability, and customer service skills. Owner-AutoFix SOS/DieselFixSOS & Level UP Peer Groups Edmunds examined the 2018 BMW X3 and found the true cost to own over a five-year period to be $62,865, an increase of $16,642 from the total cash price of … Thus market price is my whole world. A few times over the 36 years I did this my labor rate was forced close to my “Market rate” as dealers were having bad times and they reduced their rates. More than 300 checklists, forms, procedures and policies for managing your shop. Looking to increase labor rate. Members can participate and see the results on more than 100 topics. Auto repair shop recommendations guidelines regarding coolant hoses, scheduled maintenance, fluid services, bumper to bumper inspections, 30K miles, 50K miles. A favorite of many members – short, to the point management tips. Documents for service advisors for estimates, quotes, assignments, canned job kits, diagnostics, inspections, billing, appointments, scheduling, interviews. If you work on getting all of them in the ranges mentioned, your shop should be solidly profitable. This field is for validation purposes and should be left unchanged. Auto repair parts and equipment management, including inventory, sourcing, returns, vendors , ordering, warranty, defects, quality, and rebuilt items. -5.3531% Experienced BMW Technicians Canned Job Kit Labor Text for Air Conditioning and Heating, Advisor Retention: Motivating and Goal Setting – VIDEO 30 Minutes Episode 031121, PODCAST: Preventing Zoom Burnout [THA 214] – VIDEO One Hour.