What is the average automotive labor rate?
The average labor rate per hour is $75 to $130. You can expect that the dealership rate is higher than in an independent repair shop.
How much should I charge as a mechanic?
The going average hourly rate for a mechanic ranges from $80 to $100 an hour. After analyzing a bill that could also include expensive parts, many auto repair shop customers are left scratching their heads and wondering if they are being ripped off.
How much should I charge for labor?
Industry average of $35/per hour. Industry average cost for this job = $4200 (120 x $35) To achieve a 30% gross margin, this labor cost needs to be marked up approximately 43% Industry average price = $6006 ($4200 x 1.43) – so this is the labor rate (price) included in the quote to the customer.
What is the average body shop labor rate?
The NABR survey found that the average posted body rate for mass-market OEM-certified shops and non-OEM-certified shops is $58.
Are mechanics paid well?
Generally, mechanics make a decent living, earning a median annual salary of $36,600. But most are paid according to a “flat-rate” system, meaning that they only make money when there is actual work to be done. Meanwhile, each task only pays a pre-set number of hours, no matter how long it actually takes to complete.
How much does labor cost per hour?
Labour cost in Queensland, Victoria, and New South Wales is around $50 per hour.
How do you calculate labor cost?
The labor rate formula is the hourly wage plus the hourly cost of taxes for that employee plus the hourly cost of any fringe benefits or expenses. This may be expressed as labor rate (LR) = wage (W) + taxes (T) + benefits (B). Find the hourly wage.
Why being a mechanic is bad?
They have to constantly lift items which can have a strain on their back over time. Also, they may spend long amounts of time bent over or lying on their back. They must use various tools that put them in awkward positions. As mechanics age it can be more difficult to do certain tasks.
What mechanic gets paid the most?
aircraft mechanics
The highest paid mechanic specialty is the repair of aircraft. On average, aircraft mechanics earned $64,090 per year in 2019, according to the BLS.
What is the hourly rate for a mechanic?
The average hourly wage for a Mechanic in the United States is $22 as of December 28, 2020, but the salary range typically falls between $19 and $25. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
How do you calculate hourly cost?
How to calculate labor cost per hour. Calculate an employee’s labor cost per hour by adding their gross wages to the total cost of related expenses (including annual payroll taxes and annual overhead), then dividing by the number of hours the employee works each year. This will help determine how much an employee costs their employer per hour.
What is auto repair hourly rate?
Auto repair labor rates vary widely across the country, and even within the same city. As of January 17, 2017, auto repair shops in the AAA Approved Auto Repair network charged between $47 and $215 per hour, based primarily on the shop’s cost of doing business.