Dealer mark up on Snap On boxes

[Syntax_Error]

I thought we were talking about douche bags not who makes the best tin foil hat.

 

[X1 Mike]

So engineers couldn't figure out a way to fit in a dip stick so one can check their own engine oil or trans fluid?

There is a level of purposeful design that is making owners bring cars back to the dealer or repair shop for seemingly routine stuff. This is a growing trend with many makers.

Here is one example: Replacing the window regulator on most BMW models requires the car to go back to the dealer in order to be reprogrammed. C'mon, really? That is pure and simple greed.

I will never convince you otherwise so I will not bother, as far as dipsticks I did not sit in on any engineering meetings where that was discussed so I can not answer that.

 

[Banjorear]

I will never convince you otherwise so I will not bother, as far as dipsticks I did not sit in on any engineering meetings where that was discussed so I can not answer that.

No worries. I'll get off my soap box and get back to the topic on hand. Sorry to derail the thread.

Back on track!

 

[fatfillup]

Snap on snobs. Another reason not to buy their tools


Sent from my iPhone using Tapatalk

Did I miss some posts here? Are there Snap on snobs here, well yeah! But I certainly didn't see any posts here that were espousing Snap on's greatness, just a talk about profit margins for a business man and the OP's rudeness.

 

[paranoid56]

Margin and markup are two different things. Bike shop margins in that 35 percent range gross aren't uncommon, but then again bike shops don't drive to all their customers either.

yea, bike shops normally are around 35-40% markup. and we get that people need to make money.

and for the OP, i dont see an issue with that price. as the dealer isnt doing much leg work for that. hes making a call and snapon is doing the work. yes there will be cost in fuel, taxes and such, but that should be spread to all customers. 30-40% on a tool box should be doable (but knowing snapon dealers good luck) you might have better luck taking a auto class at your local college and buying it from them .

snap on dealers, how much actual leg work do you have to do to order up a custom box?

 

[KenC]

Most important issue is setting prices is not what it cost the seller, it's what the perceived value is to the buyer. Don't worry about the sellers' profit, just determine what your value is of the box. Make your offer. done deal or not, you have the answer.

 

[cburnscrx]

you might have better luck taking a auto class at your local college and buying it from them .

Seems like a good way to get a student discount...just wait until one of the guys drops out and buy stuff from him. Either that or actually enroll, get the discount and drop the class(es).

snap on dealers, how much actual leg work do you have to do to order up a custom box?

I am curious about this too...it shouldn't be much...then again things that should be easy usually aren't

 

[leod]

maybe he spends a little time ordering but he still need effort to pick up the box and deliver unless they magically appear on this truck

 

[X1 Mike]

It doesn't matter how much time it takes him. You guys are not understanding that if he give the OP a smoking deal he will have to give everyone a smoking deal.


Besides I thought this was a capitalistic country, who decides how much another man should make?

 

[dankicksass]

you might have better luck taking a auto class at your local college and buying it from them .

If you could order any box you wanted on student discount, I'd gladly sign up for one. But isn't the Classic 78 the biggest you can get there? That's what nearly all of the new hires have around here.

 

[Heavy Metal Doctor]

As stated above, trade-in boxes are an awesome deal because most drivers like to move them to make space for full value new boxes for sale. The trade ins take up valueable truck realestate.

Actually, it's more about money than space:

SO sells the dealer a box that lists for 12500. He pays 10k for it and SO send him a bill for that early in the process (day it ships out of factory?). That 10K is charged against his corporate buyers account (the account he uses to get tools for the truck / stuff customers ask him for). I trade in a box that he gives me 7k for and I pay the 12500 for the new box. He now has my old box and my 5500 bucks - he owes 10K to corporate for the box, so his is behind 4500 untill he can sell my old box to the next guy ---- and no one from corporate does diddly to help him move that used box....And that is not considering any discounts / deals that can skew the numbers further.......Last time (last spring) I bought a new box, my trade in along with another guys trade combined to put my SO over his corporate account limit for weeks till he could get those boxes sold and get his account paid back down -- no ordered tools coming in that whole time....It went on so long that corporate accounting idiots sort of reset his account when he came back under the limit and stuff I had on order got wiped off the waiting list and never showed.

 

[jjjrmx5]

Actually, it's more about money than space:

SO sells the dealer a box that lists for 12500. He pays 10k for it and SO send him a bill for that early in the process (day it ships out of factory?). That 10K is charged against his corporate buyers account (the account he uses to get tools for the truck / stuff customers ask him for). I trade in a box that he gives me 7k for and I pay the 12500 for the new box. He now has my old box and my 5500 bucks - he owes 10K to corporate for the box, so his is behind 4500 untill he can sell my old box to the next guy ---- and no one from corporate does diddly to help him move that used box....And that is not considering any discounts / deals that can skew the numbers further.......Last time (last spring) I bought a new box, my trade in along with another guys trade combined to put my SO over his corporate account limit for weeks till he could get those boxes sold and get his account paid back down -- no ordered tools coming in that whole time....It went on so long that corporate accounting idiots sort of reset his account when he came back under the limit and stuff I had on order got wiped off the waiting list and never showed.

I agree 100%.

The space, especially ON the truck, is at a premium and used boxes , unless presold or vouched for can and often do have a lower ROV than new boxes as far as sales $ revenue is concerned.

It's hard for a driver to sell a used box via a picture on his computer or cell phone. It's physical prescence ON the truck, depending upon the route, makes the sale easier. Thus we are back to space on the truck.

It's chicken and egg thing unless the driver has an awesome clientele', and has somewhere to store his large trade-in equipment until he can afford the space on the truck.

I see it happen week in and week out.

Most trade-ins I see from workers on a large mfgr. floor are on the spot if the new box is on the truck, or pre-order with deposit and then the driver gets the trade-in once the new box arrives and is swapped out. Driver and SO finanace work out the rest if box is not paid in full and done.

The bridge protion of the loan is very small in almost all of the cases I have seen.

YMMV.

Flipping used boxes for drivers can make them a good chunk of change, but usually no where near selling new stock. On that we agree.

 

[turdferguson13]

I don't think cash is really an incentive to dealers anyway. I would just tell my dealer I want a good deal and I can wait.

 

[skiingman]

It's 25%.




Nope.

WOW. That's a tough business to be in. I work in a store with ~6k products and I can name maybe 5 SKUs with a margin that small. And we mostly don't deal with vendors that sell direct unless they cut us in one way or another.

 

[Skin]

WOW. That's a tough business to be in. I work in a store with ~6k products and I can name maybe 5 SKUs with a margin that small. And we mostly don't deal with vendors that sell direct unless they cut us in one way or another.

Like your venders Snap-On does offer promotions and incentives for dealers quite often though. The shows in particular can offer some truly excellent discounts. Many good dealers, especially those that have a healthy client base, will pass some of the discount on to their customers and make up for it in volume.