What industry does auto repair fall under?
The Auto Mechanics industry provides mechanical and electrical repair and maintenance for cars, trucks, vans and trailers. Operators include self-employed mechanics, auto repair shops, garages and car care centers.
What are the statistics for the auto repair industry?
The industry is also expected to see small growth in the next few years. The auto repair industry is considered fragment with over 50 of the largest companies only accounting for 10% of the industry. The following statistics provide an industry outlook for auto repair services and maintenance. 1. General automotive repair – 85.60% 2.
How much does the federal government spend on automotive repair?
In 2018, the federal government spent a total of $91,240,123 on General Automotive Repair. It has awarded 1862 contracts to 1008 companies, with an average value of $90,516 per company.
What’s the average hourly rate for a car repair?
Auto repair rates vary widely across the country, with rates ranging from as low as $47 to as high as $215 per hour. Know what you’re paying for by understanding how car repair shops establish their rates, what mechanics typically get paid, and what overhead costs car repair facilities must pay to stay open.
How much does it cost to start an auto repair shop?
Startup Costs and Overhead. The overhead prices will, of course, vary from shop to shop, but that and supplies can generally cost an auto shop between $10,000 and $20,000 per month. While the costs to start an auto shop will vary, according to this article, the general costs include: Business License: $50 to $100.
The industry is also expected to see small growth in the next few years. The auto repair industry is considered fragment with over 50 of the largest companies only accounting for 10% of the industry. The following statistics provide an industry outlook for auto repair services and maintenance. 1. General automotive repair – 85.60% 2.
How much does it cost to repair a car with AAA?
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.
What do you need to know about auto repair?
Local labor and benefit costs (rural vs. urban location) Vehicle makes and models serviced (mainstream vs. luxury/exotic) Repair shop type (dealership, independent, etc.) Facility overhead (mortgage or rent, upkeep, utilities, etc.) Business overhead (tools, auto repair technician training, equipment, advertising, taxes, etc.)