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How can mechanics afford Snap On?

crewchief888

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Okay, I know I am new to this site and not trying or wanting to piss anyone off. I have been reading the forum for some time and I just can't believe how much money some mechanics/technicians have in tools. I mean some talk about 30,000-100,000 in tools. I look at the prices of Snap On tools ($1,500 for a complete set of wrenches...come on!) and they make me nauseous.

My good friend is a technician and he says he makes about $28 an hour and flags about 100 hours on average in a two week period (some weeks better some weeks worse). That is a little over $70,000 a year. From what I understand he is doing pretty well. According to the Bureau of Labor Statistics the average technician is making closer to $43,000 a year working at a dealership.

My question is why on earth would you spend that much money to potentially make only 40 to 80 thousand a year. Again, I am not trying to upset anyone. As a matter of fact I am really considering becoming a technician but in the back of my mind I am saying it just doesn't make sense financially. Explain why people do this.

ive been in the heavy eq end of wrenching for 25+ years.

and bought tools long before i started getting paid to wrench.
one of my coworkers once told me, when i "balked" at the price of some particular tool ( that would have made my job much easier & faster) "this is a hard line of work to be in, if spending a few bucks on a tool makes it less miserable, it's worth it in the end"

all my tools have always been at the shop i was working at, and over the years i built up a pretty good 2nd set of tools to have at home. for the most part all my work tools came from a tool truck, as did my boxes.
my home tools consist of SK, CM, HF, duralast, and assorted truck brands.

i suppose if i put every tool i own in one place, and sat down and really thought about it,
yea i'd cost me $100k to replace everything.
hand tools, boxes, air & electric tools, & welder.


i think i have a sickness.....:Help:

:beer:
 
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engineboy

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Truck accounts DO NOT have interest.

take it from an ex tool truck owner, some trucks do have interest on the truck accounts.

FYI, I know of a tool dealer that has actually loaned people a down payment to buy a house on a weekly tab.
 

bgott

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FYI, I know of a tool dealer that has actually loaned people a down payment to buy a house on a weekly tab.

The guy I bought my house from decided to dump the second morgage he was carrying. My Snap-on man picked it up at a discount and I made house payments to him for years.I used to tell people that if you never missed a payment Snappy Jack would buy you a house. He would never tell me how many people tried to buy them a house, too. Or how many other house payments he was collecting.
 

William Payne

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Ok silly question, when you say 30k to 100k in tools are we talking just hand tools or whatever, or hand tools and tool box and diagnostic equipment. I know a guy who has lots of high quality tools and probably has around 10k worth in his toolbox, his tools arent cheap and he has alot. I only ask because 30k to 100k in hand tools would be a huge **** load of tools. But if we are talking high end tool storage and all the diagnostic equipment then I can understand people spending that much because diagnostic equipment alone can cost tens of thousands of dollars.
 

mrholeshot

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30K could easily be hand tools and the tool box. When you get up into the 100K range that would include a good bit of diagnistic equpitment specialty tools, pullers and such. You could basicly roll into a shop and other than a lift, trans jack and press be fully self sufficiant.
 

ptschram

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I'm still waiting to hear more about this :wtf:

me too that sounds serious :headscrat

I think we have been waiting since page 4...

I owned an environmental testing lab and did consulting.

One of my clients was converting their cyanide plating line to a non-cyanide process. During the last of the clean-up, one of the employees inadvertently added an acid to a tank containing cyanide waste and gassed himself. Four of his co-workers tried to rescue him and were overcome as well.

I got hired by the insurance company to conduct the investigation as to how/why it happened.

Bastian Plating, Auburn, Indiana.
 

alexb2000

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I haven't worked professionally for a long, long, time; but when I did your tools were a reflection of you. When I was hiring mechanics every one would tell you they were the best that ever lived and they could fix anything that moved. So how do you judge a new hire? In some part by their tools. Someone with a nice waxed box and all clean/organized high end tools tells me a lot about their personality and cuts through the BS. The above says they are detail oriented, committed, only want the best, and have made more money than excuses so far in their career. Is that universally true? Of course not, but if I have to choose a guy off the street with no other info. I'll take the guy with the better tools. Same goes for appearance, the condition/cleanliness of the vehicle they drive, etc.

Also, as a fellow Snap-On addict I would say you can make some VERY good deals on a large purchase (30-40%) off and if you're patient you can get some really good deals buying the weekly specials. It doesn't have to be bought full retail at 20% interest. Don't be afraid to negotiate, just like buying a new car.

One thing I love about Snap-On is they have a market anywhere anytime. Try to get 20% of what you pay for a C-man tool back on ebay, you won't. Snap-On generally bring 50% (of RETAIL) or more used. If times get tough this can be like money in the bank.
 

scott37300

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I owned an environmental testing lab and did consulting.

One of my clients was converting their cyanide plating line to a non-cyanide process. During the last of the clean-up, one of the employees inadvertently added an acid to a tank containing cyanide waste and gassed himself. Four of his co-workers tried to rescue him and were overcome as well.

I got hired by the insurance company to conduct the investigation as to how/why it happened.

Bastian Plating, Auburn, Indiana.

So how is this related to a mechanic doing sidework?
 

ptschram

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So how is this related to a mechanic doing sidework?

I was asked to add to my earlier statement about fatalities.

How it comes into this topic is that the guy doing side work isn't likely to have sufficient insurance for doing work on other people's vehicles. As a result, both the vehicle owner and the person doing side work is exposed to liability and no way to be made whole by an uninsured person doing the work out of their home/garage.

If someone is doing side work and makes a mistake and someone is injured or dies, the person who did the work is gonna lose everything they have as the family of the person who was injured is gonna take it all away as their is no insurance company to absorb any of the loss.
 

dirttracker18

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So how is this related to a mechanic doing sidework?

I would assume the cost factor involved with the accident. Imagine something goes wrong on a side job and you don't have insurance to CYA. You are on the hook for it. Everyone thinks "I know my sh!t, I won't make a mistake" but we are human and all make mistakes from time to time.

A small mistake could mean a huge lawsuit leaving you financially ruined.
 

Test Tech

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Firstly I'm not a mechanic by trade, but I have had to provide my own tools for some of my jobs. I definetly agree with some of the earlier posters, when you see a new guy come into the shop with a cheap set of tools you have to wonder how serious/good he is. In all fairness I have seen some guys who were cheap about their tools, who were very good techs but they were the exception. I've seen many techs who were cheap about tools who thought that they were great techs, the majority were wrong!:lol_hitti

Secondly I wrench at home to make side money and more importantly to save money. Wrenching to save money means that I rely on my tools when I can't rely on much else. This includes late at night when most stores are closed and there is no place to buy tools or have them waranteed.

At the end of the day it comes down to what I tell my wife every time we argue about buying tools: you either have to buy tools or pay a mechanic, the tools are undoubtedly a better investment with a better return.

In short I say pony up and buy the good stuff. And for heavens sake don't whine about the price, this is life and it ain't no kids game
 

honcho

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unfortunatly the military would love to use cheap tools, would save a lot of money. But the berry act prevents tools used being made outside the usa.

Actually, there are plenty of tools the government buys that are made outside the USA. They usually come as components of tool kits and sets, which supposedly derive much of their value from being "assembled" in the USA and contain mostly USA-sourced components.

There are good tools made in lots of places but for so many people on this board, Snap-On is a religious issue that makes achieving middle east peace look simple. Use what you like, like what you use, buy what you want, but in the end, the important thing is getting the job done without harm to you or others.
 

route246

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If you have a homeowner's policy you can add a large umbrella (million or more) onto the policy for not a lot of money. Can't quote here because there are too many variables but I have a 2.5 million umbrella and the cost is insignificant compared to the cost of the policy. The reason it is so cheap is that you have to do something like OJ or those catholic priests before it gets to the point of the insurance company having to pay out. Your base policy usually takes care of most of the settlements that you might end up having to pay.

I would assume the cost factor involved with the accident. Imagine something goes wrong on a side job and you don't have insurance to CYA. You are on the hook for it. Everyone thinks "I know my sh!t, I won't make a mistake" but we are human and all make mistakes from time to time.

A small mistake could mean a huge lawsuit leaving you financially ruined.
 

alex71

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...An employer has no right to care about what an hourly employee does on his/her own time. It's none of their f#%$ing business. ...

this is idealistic... and fantasy to boot. ever heard of drug testing, for instance?
 

psychoclaw84

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Valley of the Sun
First, I don't think the issue is "HOW CAN MECHANICS AFFORD SNAP-ON", it is a matter of tool acquisition.

  • Auto Techs need quality tools perform services and tool trucks will usually have the right tool for your needs. A tool supplier or Sears will not deliver to your place of work, the only delivery offered is either UPS or USPS.
  • Tool trucks will ususally perform warranty exhanges on the spot.
  • Ease of financing or a weekly payment schedule.
 

ptschram

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If you have a homeowner's policy you can add a large umbrella (million or more) onto the policy for not a lot of money. Can't quote here because there are too many variables but I have a 2.5 million umbrella and the cost is insignificant compared to the cost of the policy. The reason it is so cheap is that you have to do something like OJ or those catholic priests before it gets to the point of the insurance company having to pay out. Your base policy usually takes care of most of the settlements that you might end up having to pay.

Your homeowners policy will be voided the instant they discover you are running a business from your home.

Homeowners insurance is not commercial liability insurance.
 
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route246

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It depends if it is considered a commercial business or not. If it is just side jobs then that doesn't qualify in my state. Side jobs are defined by a number of criteria but one of them is if you have principal income from a different job (i.e. a W-2 or 1099 from another source). If I am running a business at my home then that is a whole different matter. That requires city permits and other regulations and your neighbors tend to get pissed off. I'm talking strictly about cash side jobs, which includes doing things at your "customer's" premise.

I would tend guess that the vast majority (approaching 100%) of these jobs are off the books and for cash. At least, if you have half a brain they are.

Your homeowners policy will be voided the instant they discover you are running a business from your home.

Homeowners insurance is not commercial liability insurance.
 

pipsters

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If you have a homeowner's policy you can add a large umbrella (million or more) onto the policy for not a lot of money. Can't quote here because there are too many variables but I have a 2.5 million umbrella and the cost is insignificant compared to the cost of the policy. The reason it is so cheap is that you have to do something like OJ or those catholic priests before it gets to the point of the insurance company having to pay out. Your base policy usually takes care of most of the settlements that you might end up having to pay.

The umbrellas will cover pretty much any judgment against you. They shouldn't be invalidated by running a business (or I don't believe most are; check your policies). However, they don't kick in until around 200k-500k in damages, so you could (and would) be liable for amounts up to that. That is why they are so cheap to obtain.
 

route246

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My homeowner's policy covers up to a million. That's why getting an umbrella over that is so cheap. Getting business insurance is not that expensive if it is a home business. It can be added to your homeowner's policy, depending on what state you live in. Insurance is regulated by the state so there are 50 different sets of regulations. The umbrella I have covers my own negligence. I think there is a morals and criminal clause so any Michael Jackson or OJ behavior would not be covered. But, if I f*ck up they pay, plain and simple.

The umbrellas will cover pretty much any judgment against you. They shouldn't be invalidated by running a business (or I don't believe most are; check your policies). However, they don't kick in until around 200k-500k in damages, so you could (and would) be liable for amounts up to that. That is why they are so cheap to obtain.
 

moonpool145

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Also spent a long time with tool control and tool stores as my secondary duty.

As soon as the powers that be realised I actually had a passion for it instead of it just being a sh*tty second duty to aid promotion I ended up with the whole of camp's tool stores under my duristiction.

I had actually managed to provide such a good service, removed all the crappy old shelving, brought in all new stuff, laid out all the new foam drawers with dayglo shadows, provided complete sets of tools from the likes of britool and snap-on.

We went with snap-on because they were happy to etch the tooling for us, without affecting warranty, replace broken items and do us a great deal off list price. On top of that, when we did the math over a 5 year period of replacing broken/worn tools, we actually saved somewhere in the region of £100k

As such this did infact get me my promotion, but also got me a nice financial bonus for helping them save so much money in the long run. Most officers that would have typically done this job would have come in, blown the budget for their 2 year post and left a complete mess for the next guy to tidy up with no regard as to how it went on the shop floor.

Spending other peoples money was great, but every guy in our hangar finally found a new respect for tool stores - it was modern, fantastic tooling, broken items were replaced immediately from small stock holding on camp and if there was something we didnt have, they knew for a fact I would get it for them and give it a gucci home in the stores.

A lot of pride went into that job. I miss it.

Sorry, long quote and from a bit back in the discussion but I have to say...Would you like a JOB? This is the kind of effort and passion that makes success, you cant teach it. Bravo.
 

route246

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Not at all. Everyone should report all cash side jobs to the local, state and federal revenue authorities. I do. I get to write off things and depreciate capital that way.

Now it sounds like you are advocating tax evasion.
 

nissan_crawler

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Cman Pro wrenches have been around for years. Every bit as good as a SO. Cman has had their RHFT for decades, then the slim profiles, and of course most recently the premium grade. Not sure what era you're in, but there are tons of alternatives out there with or without Cman. SO is in no way unique.

Personally when it comes to hard line tools [sockets, extensions, basic wrenches etc], i feel ripped off when i buy SO. Even used the price difference is HUGE. I dont know how people can justify the $15-$25 single extension or $10-$40 socket. Going into 10 grand or more debt for a box? I think i'd start shaking from nerves. Just isnt for me.

c-pro wrenches are a wee bit thicker on the ends, trust me, I have sets of both. There is a difference. My Craftsman sockets wore out in 8 years...I obviously can't say how long the snap-on ones will last, but I bet a good bit longer. Now, I'm not putting Craftsman down...the $40 that 8 years of use cost me was more than fine, especially starting out and buying all my tools at once. However, now that I'm replacing things bit by bit, I wanted to get the Snap-On sets, and did.

I do have to say, I agree with you on the toolbox thing, I've just never understood it. My c-pro box does just fine for me.

snapon just say u can pay it off by instalments or whenever u can?, we know where you work and who you are.

This brand generally sells to the younger generation (the marketing strategy is...hype,nostalgia,history and the feelgood factor...thats if the s.o truck comes around that month to reinforce that? After making a sale) whom is starting of and thinks they have somfink to prove or just to have showing of in workshop to their girl etc.

There are brands like stahlwillie that are way superior and cheaper....why pay the equal of 7spanners for 1 snap-on?(u pay high prices for s.o to cover your future lifetime warranties /breakages which is a false warranty as u had to pay for it!)....im not in the business of cost recovery of tools, tools (like a spanner )got to pay off in the 1st hour on job not a week.

i worked for a company called "sulco" in mid 80,s we sold brands like ...Otc (owattonna tool co) now "SPX OTC", now that brand makes gear x times better,bigger,heavier than snapon and at lessor costs.

You have to keep in mind, things are way different for most of us, as we're in the U.S.

Stahlwihl, and many of the other good brands, are simply not readily available here. I live in a town of roughly 600k including suburbs and such...there still is no Mac, Matco, or Cornwell coverage, and I work in a place that employees over 300 mechanics.

Snap-On is the only game in town for truck brand tools, period. For me, Snap-On is the only way to go if I want a high-end tool. If I lived across the pond, I could easily be singing a different tune.

However, the Snap-On truck is at work 3x a week, and will show up when I call if it's a tool I need replaced ASAP. It would probably take me 3 weeks to replace Stahlwihl.

I do love, and buy OTC pullers, though. No argument there.
 

mrholeshot

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Now it sounds like you are advocating tax evasion.

I sure advocate tax evasion. As much as Uncle Sam has bent me over and hosed me over the years I say get what you can while you can. Middle class America pays for everything. If we can get a little on the side go for it:beer:
 

blown94conv

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I sure advocate tax evasion. As much as Uncle Sam has bent me over and hosed me over the years I say get what you can while you can. Middle class America pays for everything. If we can get a little on the side go for it:beer:

As hard as I work for my money, only for our lovely government to hand it out to people who don't work and waste it without any hesitation? I love paying someone cash to do work for me, and I never ask for a receipt. Maybe if the government got used to doing with less like I had to do the past few years when I didn't get a raise due to "economic conditions", then I wouldn't mind paying taxes as much.

Sorry for the rant, but taxes really get my fire going.
 

route246

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I strongly urge everyone to pay as much tax as they can afford!!!:lol_hitti:lol_hitti:lol_hitti:lol_hitti

As hard as I work for my money, only for our lovely government to hand it out to people who don't work and waste it without any hesitation? I love paying someone cash to do work for me, and I never ask for a receipt. Maybe if the government got used to doing with less like I had to do the past few years when I didn't get a raise due to "economic conditions", then I wouldn't mind paying taxes as much.

Sorry for the rant, but taxes really get my fire going.
 

ajchien

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As hard as I work for my money, only for our lovely government to hand it out to people who don't work and waste it without any hesitation? I love paying someone cash to do work for me, and I never ask for a receipt. Maybe if the government got used to doing with less like I had to do the past few years when I didn't get a raise due to "economic conditions", then I wouldn't mind paying taxes as much.

Sorry for the rant, but taxes really get my fire going.

Not a rant. You're just saying what a lot of what America feels these days.
 

taylorboi

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Not a rant. You're just saying what a lot of what America feels these days.

This is very true I see alot of people at the grocery store paying with food stamps and ebt cards but when u see them they got lots of gold jewelry on the then they load up the food in brand new cars while people who work hard for money and pay taxes and strugle with bills i don't like seeing that kinda s**t I gotta bust my *** at work then bust my *** even harder after hours just to get ahead alittle bit and I live in Hawaii and the people that just made it in to office ain't making it any easier for a average Joe to make a living with one job. I've been pretty lucky and fortunate to figure things out but for everyone it could be all takin away for us from our government so if you gotta do what you gotta do to survive do it don't let anyone tell you otherwise
 
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