TIP: Stay Under List Price?

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ppark1229
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Joined: Fri Nov 09, 2012 1:34 pm

TIP: Stay Under List Price?

Post by ppark1229 »

Is it possible to have all my markups stay under list price? normally my markups are under list price, but when it goes over, i have to manually lower the price to match msrp. Any suggestions? Thanks
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timbre4
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Re: Stay Under List Price?

Post by timbre4 »

This is not feasible.
Tim McDonnell -
Sr. Product Market Mgr / Forum Moderator / Mitchell 1 Media Developer
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ricmorin
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Re: Stay Under List Price?

Post by ricmorin »

The only way is manually.

Many shops pay little attention to List Price. The number is made up and it means little. The name alone (suggested) lends itself to leeway. Most shops find that the matrix works well for most aftermarket parts and a lighter, manually applied matrix for OEM parts.

My 2 cents FWIW.
Ric Morin - Volunteer Forum Moderator, Shop Owner, ASE Master L1
Motorcar Alternatives, LLC
603-622-6434 x203
www.motorcaralternatives.com

I find my life is a lot easier when I use Special Orders
ppark1229
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Joined: Fri Nov 09, 2012 1:34 pm

Re: Stay Under List Price?

Post by ppark1229 »

Thanks
asample
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Re: Stay Under List Price?

Post by asample »

I agree with Ric. Published list or retail price is an arbitray figure. Even if your customer calls the dealer for pricing on a part you used and it is lower than what you charged, ask them to call the service department and ask them what they charge for that part. It probably will be even higher tham what your quoted.
When I was in the parts business it was difficult to convince my customers that from one supplier to another list price would vary. I have been chewed more than once because my list price was higher than XYZ Auto, however, their cost was lower sometimes considerably. I work from cost price only.
Arlin G. Sample
Automotive Services of All Sorts, Inc.
Greeley, CO 80631
970-352-5598
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