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Re: Nags list verses manufacture list the true list
While you are at it, have your legal beagles investigate how labor rates are determined and forced by the insurers & their TPA's.
Case in point; Safelite suggests that windshield repairs take about 30 minutes or 1/2 hour and they are all invoiced out at 100% labor. Insurers offer $50-70 which, by the way, is the same amount offered 20 years ago. So, if the labor rate for 1/2 hr is $50-70, then the labor rate for 1 full hour would be $100-$140! If that is what it should have been 20yrs ago, what should it be today?
Remember the hourly labor rate necessarily needs to reflect the expenses necessary to keep the doors to the business open. In other words, business owners need to take into consideration, wages, rent, taxes, utilities, office expenses, custodial expenses, accounting expenses, inventory costs, educational costs, marketing costs and last but not least the sky rocketing INSURANCE COSTS. Factoring in a little profit would be nice too.
If insurers will pay $50-$70 for a repair, why only $35-$45 for labor on a replacement?
If your company participates in a network or signs a DRP agreement with an insurer, you have only yourselves to blame.
Re: Nags list verses manufacture list the true list
Go to SL's website and get a quote for a chip repair. Cash price is $100-$120 in house. Mobile costs $20 more.
50% of the manufacturers list price is about 100-140% above Nags. Anyone discounting an already discounted Nags benchmark better be working from the back of their pickup.
What insurers are asking for is insane. And shops that cave in, well..........
Re: Nags list verses manufacture list the true list
Ignore the lists. Create your selling price using your cost of glass + all overhead including the expensive insurance premiums you pay + profit that yields a return on your investment that makes it worth being in business and not sticking your money into the bank and going to work for somebody. Use your actual time. Then consider electricians and plumbers who charge a flat amount just for crossing your threshold + a generous (for them) hourly rate and ask yourself why their time is more sacred and valuable than yours. (How come mechanics get away with charging for shop rags and you don't?) And lastly folks, WAKE UP!!!!!
Re: Nags list verses manufacture list the true list
Same diff. You can use the benchmarks or list prices if you know how to do math. Point is, you have to charge enough to cover all costs and still make a fair profit. How you do the math is up to you.