Dealer Chris Irwin opens his books to the Velocity community
Following up yesterday’s post on the issue of reconditioning costs, I received the following message from dealer Chris Irwin. I really appreciate Chris’ willingness to share his information with the velocity community. I would also appreciate others to respond in kind. Getting rationalized reconditioning costs in place is a necessary component of the velocity strategy.
Dale- Great blog post on recon costs. I was hoping you may be able to give me some feedback from yourself and/or other dealers on some examples of our recon costs. I have attached estimates above. We have been doing a better job–esp last couple of weeks getting Sales, Service, and Parts on the same page, but still have a ways to go. Also, below are labor times for common items (we charge these at retail, which for us is $85/hr)
1.5 hrs for brake job on cars/suv/small trucks
2.2 hrs for heavy duty trucks
2.2 hrs for machining rotors
$20/tire mount and balance.
Always curious about costs for items like a Used Car Checklist/inspection, detailing, and wiper blades.