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DTSTART:20210421T000000Z
DTEND:20210421T013000Z
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SUMMARY:MWACA eXchange | Vin Waterhouse | "Labor Intensive & Diagnostic Labor Rate"
DESCRIPTION:Labor Intensive & Diagnostic Labor Rate\n\n with Vin Waterhouse\n\n \nBetter vehicle quality means many shops enjoy less profit per vehicle. \n\nWe sell less parts per driven mile. Parts last longer than on vehicles\n\nof the past. There was a time when vehicles reached 100\,000 miles they\n\nwere scrapped. Today\, It is not uncommon to work on vehicles with \n\n200\,000 miles plus.\n\n \n\nResearch shows Internal combustion engine vehicles (ICE) \n\nhave 28-30\,000 parts counting every nut\, bolt\, rivet etc. The average \n\nelectric vehicle ( EV) has about 7-10\,000 parts. As our industry morphs\n\ntoward electric vehicles shops will sell 2/3rds less parts per vehicle. \n\nShop expenses continue to rise so the time to act is now. Last year 54%\n\nof vehicles sold in Norway were electric.\n\n \n\nCarpenters\, electricians\, plumbers\, accountants and attorneys don't sell \n\nany parts\; they make all their profit in labor alone and so can you. \n\n \n\nWith formula based labor rates you can sell your parts at cost and \n\nmake your full average combined gross profit per billed hour. Many\n\nhave increased their profit by $3-$4\,000 per month using Labor Intensive\n\nand Diagnostic labor Rates.
X-ALT-DESC;FMTTYPE=text/html:Labor Intensive &\; Diagnostic Labor Rate
\n\;with Vin Waterhouse
\n \;\n