Hi all I just opened a mechanic shop and had a question for all you mechanics out there. I’m young with 5 years in the business working as a mechanic also certified and graduated in this field. I just opened a mechanic shop and don’t really know what my pricing should be per hour. How do you generally quote your jobs? Is it by hour? By job? If I get a quart of oil for $2 what should I sell it for? 30% markup? 40%? Any advice will help. Also I know it depends on the area, if it helps, I’m located in the north east.
Australian mechanic here, opinion from an affluent area, don’t know how it relates to the US, but markup on parts is 30%, fluids is 40% and hourly rate is $150AUD (about $100 US)
Always charge book time, unless it’s a good customer and it actually took less time. If you are going to charge less, make sure you show it as a discount on the invoice, do not just make the invoice less.