4 Options for Determining a Fair Price for your Service Department Labor

4 Options for Determining a Fair Price for your Service Department Labor

Determining fair labor prices is a key part of maximizing your dealership’s profit potential. Do it right, and you’ll keep your labor costs low while still providing your customers with the best service possible. Here are four of the best options for determining a fair price for your service department labor. If you’re ready to implement a new pricing strategy then automotive dealer training is the next step.

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The Key to Becoming a Successful Automotive Service Manager

The Key to Becoming a Successful Automotive Service Manager

Service centers and fixed operations are essential to the success of a dealership. A service manager must have a deep understanding of the mechanics of the automotive industry and be able to anticipate and solve problems before they become big problems. Here are the top insights from the most successful automotive service managers and how automotive training programs help them reach the top of their field.

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The Service and Parts Department:  Working Together Equals Greater Profitability

One of the most important aspects of running a successful dealership is ensuring that the service and parts departments are working together to create a profitable business. When these two departments are effectively working together, it ensures that customers are properly serviced and that parts are available when and where they are needed most. This is essential for a dealership to remain competitive and profitable. Let’s review the synergies available between these two departments and how fixed operations can be optimized.

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Why You Need Tighter Expense Controls to Hit 20% Net-to-Gross in Your Dealership’s Service Center

Why You Need Tighter Expense Controls to Hit 20% Net-to-Gross in Your Dealership’s Service Center

To maintain a strong profit margin, it is important to have tight controls on expenses in fixed operations. By reducing the amount of money that is spent on unnecessary expenses, you can ensure that your dealership’s net-to-gross ratio is consistently in the 20% range. Let’s take a look at how growing gross profits through dealership training will improve your net-to-gross ratio for your dealership’s Service Center.

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Getting your Service Department Net Profit in Line

The service department is an essential part of every dealer’s business. By providing quality service, dealers retain their customers while maintaining a high level of customer satisfaction.  To maximize profits and maintain a high level of service, dealers must ensure their fixed operations are in line with their company’s overall goals. Here’s how to get your service department and dealership’s fixed operations in line.

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