Truck repair -- parts markup seems high...
The water pump in my F250 died. The garage I took it to (came recommended by a local and good reviews) wanted to charge me $235 for water pump I was able to buy at the auto supply place (with lifetim...
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It's even worse than you think as a 7.3 water pump can be bought for $60 delivered on Ebay plus no sales tax and a 12 month warranty. If you need it the next day then use Amazon and pay the sales tax.
$75+/hour is more than enough to be "one hell of a nice guy and honest person" without making a profit on the parts. If not needed today, I can buy it for a lot less than what he's paying locally.
My parts bill last year was over $8,000 and without the internet it would have been $15,000 as with a little research I can often find the item for half plus shipping on some item and often no sales tax. Last week I probably should have bought the entire gear box for $700 instead of one shaft and no gears for $300.
Ben Franklin said a dollar saved is a dollar earned. Today he is way off as I have to earn over $17 to have $10 to spend. That $7,000 savings above actually saved me $12,000 as that's how muck I'd have to earn before all the various taxes are taken out or paid...sales tax.
$75+/hour is more than enough to be "one hell of a nice guy and honest person" without making a profit on the parts. If not needed today, I can buy it for a lot less than what he's paying locally.
My parts bill last year was over $8,000 and without the internet it would have been $15,000 as with a little research I can often find the item for half plus shipping on some item and often no sales tax. Last week I probably should have bought the entire gear box for $700 instead of one shaft and no gears for $300.
Ben Franklin said a dollar saved is a dollar earned. Today he is way off as I have to earn over $17 to have $10 to spend. That $7,000 savings above actually saved me $12,000 as that's how muck I'd have to earn before all the various taxes are taken out or paid...sales tax.
