Reasonable markup on parts
Discussion
What would you consider to be a reasonable mark up on parts?
I'm going to be launching a garage (currently mobile) soon and am trying to devise a strategy to do so.
It would be far easier for us to just have a bench mark 10-20%.
As anyone in the trade know this does cover the running expenses. I have to earn £60 (more sometimes!) in a day to cover expenseses before I even make any money. (Van costs, insurances and fuel)
I'm not trying to be rich from it, other investments will do that hopefully but I do like to earn £200+ a day for me to take home (after everythings paid) which I think is reasonable considering what I've been through to get where I am.
Just wondering from a customers point of view what you think is reasonable. Charging RRP over a %'age would normally be slightly worse off for the customer but it's a pain for the MRS working all the costs out.
Cheers.
I'm going to be launching a garage (currently mobile) soon and am trying to devise a strategy to do so.
It would be far easier for us to just have a bench mark 10-20%.
As anyone in the trade know this does cover the running expenses. I have to earn £60 (more sometimes!) in a day to cover expenseses before I even make any money. (Van costs, insurances and fuel)
I'm not trying to be rich from it, other investments will do that hopefully but I do like to earn £200+ a day for me to take home (after everythings paid) which I think is reasonable considering what I've been through to get where I am.
Just wondering from a customers point of view what you think is reasonable. Charging RRP over a %'age would normally be slightly worse off for the customer but it's a pain for the MRS working all the costs out.
Cheers.
Hmm, fair enough.
I have lost a job or two on parts prices purely because I refuse to buy s
t anymore.
I remember doing a belt and pump change on a 1.8T one of my first jobs. All fine for 2 years til the metal cheap st pump seized and took 8 valves out.
The stupid thing is genuine was about £30 more in parts overall.
I have also lost a job over £20 quids worth of stretch bolts I insisted on changing because I've drilled out too many snapped stretch bolts to bother with not changing it. If they want to skimp on that what else will they moan about.
I have lost a job or two on parts prices purely because I refuse to buy s
t anymore.I remember doing a belt and pump change on a 1.8T one of my first jobs. All fine for 2 years til the metal cheap s
t pump seized and took 8 valves out.The stupid thing is genuine was about £30 more in parts overall.
I have also lost a job over £20 quids worth of stretch bolts I insisted on changing because I've drilled out too many snapped stretch bolts to bother with not changing it. If they want to skimp on that what else will they moan about.
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