Snap-On Pricing Increase (Again?)

[nine4gmc]

so you guys with "credit", do they charge interest on your already high priced tools or does the higher price include the interest....?

 

[PavelK313]

Go to pawn shops, i scored a full set 8mm-24 for maybe $175.... Some were from pawn shops, a few were from Snap on Student discount program and 1 was off the truck.

I only buy my snap-on stuff tools from students. I know couple guys who went to tech schools and stocked up on tools but after graduation found out they are not able to pay for their student loans and have to sell some of their tools in order to stay afloat.

 

[PavelK313]

so you guys with "credit", do they charge interest on your already high priced tools or does the higher price include the interest....?

I bought on credit once from Matco and wasn't charged interest. Although it was small amount ($200-ish) so I am not sure how they deal with larger amounts.

 

[Dieselbutterfly]

i agree to an extent about the prices,i just meant that at least after a career using them and making ''pro'' money you can sell them to recoup a good bit,btw 50% back,is good for a tool if it is old enough.

 

[chadster1]

I havent sold a set of wrenches that were not on promo in years. I currently have a deal on my truck where you get the OEXLM710B set and 6 SOEXRM wrenches 10mm-15mm for a total of $350. (No, I will not ship.)

In the past, I have had the deal where you buy the SOEXM710 (10-19mm) and you get the 7pc standard set for free SOEX707. That went for about $330.

Snap-on may have increased their list prices, but they have also increased the number of promos, and BOGOs and $99 and $119 dollar specials that are offered thru the dealers.

Also, as someone else has pointed out, compare Snap-ons list price to the other brands that distribute thru the tool truck business model and you will see that in a lot of cases, Snap-on is in line on their prices.

 

[thejudges69]

yeah?,whats the resale value on those other brands,i hear you guys can get good deals on used hf stuff

I think this is a stupid comment, the resale value is depicted by the original value, if hf tools sold for the same price as snap on the resale value would be higher, no one can really truly answer the question of why are snap on tools so much better then the rest, the truth is they really aren't.

If you had 2 wrenches side by side, both snap on but one said snap on and the other did not, the value of the 2 would be a huge difference, because even tho there both snap on, the one does not say snap on people would not be interested in because people can't seem to survive in the tool world without that name in there box.

Bottom line, they could double there price and people would still pay it. Snap on is not stupid but no offense to anyone but I think they feel there customer base is.

 

[Skin]

so you guys with "credit", do they charge interest on your already high priced tools or does the higher price include the interest....?

"truck credit" is essentially the dealer floating you whatever amount you owe which is to be paid off via weekly/monthly payments. That is usually interest free. Snap-On credit is just like a credit card complete with interest and occasional promotions.

 

[Dieselbutterfly]

i agree

 

[Hiball]

Another point, you can buy the long pattern set of SK wrenches (with cash to spare) for what you'd lose in the resale value of snap-on wrenches buying direct.

While I think Sk makes a Nice wrench, there long pattern wrenches are about as long as the snappy "standard" wrenches.

 

[thejudges69]

yes,that comment i made about hf is called sarcasm,but im ok with you calling my comment stupid,thats not offensive at all

It didn't sound like sarcasm to me, seemed like a jab towards people who shop at hf, just saying don't want to argue. I still buy Taiwanese tools cause American tools are to expensive due to a greedy America.

 

[Dieselbutterfly]

It didn't sound like sarcasm to me, seemed like a jab towards people who shop at hf, just saying don't want to argue. I still buy Taiwanese tools cause American tools are to expensive due to a greedy America.

okey dokey artichokey

 

[autoace]

You can't ***** about out sourcing, then ***** because Snap-on prices are going up. They are made in USA by men and women who pay the same prices we do, fossil fuel that run the forging and factories etc... are going up, you name it. A fine USA tool is going to cost what it does, you can't have it both ways.

Buy what you need and use from Snap-on, and leave the rest, don't buy sets, buy what you use. Think carefully and buy the right tools for the jobs you do, this will save you money.

Or, buy GearWrench or Stanley tools, they are aok.....just not made here, and not a "fine", but good enough if you don't want to spend the money.

USA tools are going to be expensive, why the heck do you think they started running to China?????????????????????? sigh

 

[PavelK313]

You can't ***** about out sourcing, then ***** because Snap-on prices are going up. They are made in USA by men and women who pay the same prices we do, fossil fuel that run the forging and factories etc... are going up, you name it. A fine USA tool is going to cost what it does, you can't have it both ways.

Buy what you need and use from Snap-on, and leave the rest, don't buy sets, buy what you use. Think carefully and buy the right tools for the jobs you do, this will save you money.

Or, buy GearWrench or Stanley tools, they are aok.....just not made here, and not a "fine", but good enough if you don't want to spend the money.

USA tools are going to be expensive, why the heck do you think they started running to China?????????????????????? sigh

Are you saying that Snap-on doesn't make 1000% profit on us? Production cost of their tools is no where near how mych they are being sold for. The whole price inflation because of Snap-on logo on tools is crazy.

 

[Hiball]

Are you saying that Snap-on doesn't make 1000% profit on us? Production cost of their tools is no where near how mych they are being sold for. The whole price inflation because of Snap-on logo on tools is crazy.

Of course they make profit.. Why else would they be in business. If you where running Snap on or a stock holder you would also want to squeeze as much profit out of the "Brand" as possible.

Price inflation.... /smacks self in forehead.

No one is forcing anyone to buy Snap on, obviously in a strange, far off distant land where 99% of garage journalers don't live there is a "demand" or they wouldn't be in business and making record profits.

 

[PavelK313]

Of course they make profit.. Why else would they be in business. If you where running Snap on or a stock holder you would also want to squeeze as much profit out of the "Brand" as possible.

Price inflation.... /smacks self in forehead.

No one is forcing anyone to buy Snap on, obviously in a strange, far off distant land where 99% of garage journalers don't live there is a "demand" or they wouldn't be in business and making record profits.

Huge difference between making reasonable profit and ripping people off.
Case and point is Snap-on and CDI. SO wrench is $375, CDI $150, the only difference between two is what nape etched on the wrench.
I agree that some of the tools truck brands sell are in fact better than what you can buy anywhere else but its not always the case.

 

[hifi_hokie]

Huge difference between making reasonable profit and ripping people off.
Case and point is Snap-on and CDI. SO wrench is $375, CDI $150, the only difference between two is what nape etched on the wrench.
I agree that some of the tools truck brands sell are in fact better than what you can buy anywhere else but its not always the case.

Look into niche markets like high-end audio, etc. Makes Snap-On's markup seem very tame

 

[Hiball]

Huge difference between making reasonable profit and ripping people off.
Case and point is Snap-on and CDI. SO wrench is $375, CDI $150, the only difference between two is what nape etched on the wrench.
I agree that some of the tools truck brands sell are in fact better than what you can buy anywhere else but its not always the case.

Ripping people off? Snap On's business model is geared towards "professionals" with front door service along "easy credit". This is what GJ'ers can't seem to figure out. Do you think the Big shiny trucks along with the owners wages, let alone the cost of upkeep and petro is Free? Someone has to pay... Doesn't mean it has to be you, especially if you feel your getting ripped off or don't need that front door service.

 

[Dieselbutterfly]

btw if a hf tool cost you $10,but only 10 cents to make,how much mark up is that

 

[thejudges69]

You can't ***** about out sourcing, then ***** because Snap-on prices are going up. They are made in USA by men and women who pay the same prices we do, fossil fuel that run the forging and factories etc... are going up, you name it. A fine USA tool is going to cost what it does, you can't have it both ways.

Buy what you need and use from Snap-on, and leave the rest, don't buy sets, buy what you use. Think carefully and buy the right tools for the jobs you do, this will save you money.

Or, buy GearWrench or Stanley tools, they are aok.....just not made here, and not a "fine", but good enough if you don't want to spend the money.

USA tools are going to be expensive, why the heck do you think they started running to China?????????????????????? sigh

What constitutes a "fine" tool and a "aok" til? Seems any tool that gets the job done with ease is a fine tool. I just think that being a full time wrench that most guys and girls would care more about there bottom line, I would think a smart wrench would want to save money instead of making a fashion statement by flexing his snap on muscles.

I don't ***** 1 bit about outsourcing or coo cause I don't care, I'm a heavy researcher before I buy and when it comes down to the wire I will spend what I need for the best product I feel is needed for the job regardless of where its made.

And frankly I can't blame a company for outsourcing work, when Americans push the bar and get greedy the manufacturer has to make the best decision to keep the doors open. It does **** but its a viscous cycle.

 

[Subyroo651]

And frankly I can't blame a company for outsourcing work, when Americans push the bar and get greedy the manufacturer has to make the best decision to keep the doors open. It does **** but its a viscous cycle.

I like your avatar..

 

[NC-Fordguy]

Of course they make profit.. Why else would they be in business. If you where running Snap on or a stock holder you would also want to squeeze as much profit out of the "Brand" as possible.

Price inflation.... /smacks self in forehead.

No one is forcing anyone to buy Snap on, obviously in a strange, far off distant land where 99% of garage journalers don't live there is a "demand" or they wouldn't be in business and making record profits.

Helping you out......

 

[autoace]

Are you saying that Snap-on doesn't make 1000% profit on us? Production cost of their tools is no where near how mych they are being sold for. The whole price inflation because of Snap-on logo on tools is crazy.

Snap-on forces nobody to buy their stuff, this forum is PROOF, 100% that Snap-on is the leader in high end tools. Snap-on dominates the high end tool market, and they do that for a reason.

 

[jjjrmx5]

Huge difference between making reasonable profit and ripping people off.
Case and point is Snap-on and CDI. SO wrench is $375, CDI $150, the only difference between two is what nape etched on the wrench.
I agree that some of the tools truck brands sell are in fact better than what you can buy anywhere else but its not always the case.

Actually, it's "Case in point." Ooops. Learn the ENGRISH.

***** all ya want.

I'd also complain Ferrari OEM prices are too high for thier cars as well as Porsche, Corvette and BMW. WTF's up with high prices for well built things. That's sooooo new. ZOMG.

You pay to play for pro tools.

What about that is the canundrum???

Good tools, service at your door weekly and weekly on truck no interest financing.

#clueless.

 

[thejudges69]

I like your avatar..

Thanks pic was taken in Virginia.

 

[autoace]

What constitutes a "fine" tool and a "aok" til? Seems any tool that gets the job done with ease is a fine tool. I just think that being a full time wrench that most guys and girls would care more about there bottom line, I would think a smart wrench would want to save money instead of making a fashion statement by flexing his snap on muscles.

I don't ***** 1 bit about outsourcing or coo cause I don't care, I'm a heavy researcher before I buy and when it comes down to the wire I will spend what I need for the best product I feel is needed for the job regardless of where its made.

And frankly I can't blame a company for outsourcing work, when Americans push the bar and get greedy the manufacturer has to make the best decision to keep the doors open. It does **** but its a viscous cycle.

Snap-on may not be stronger, get the job done better, or necessary, but they are Snap-on. I don't need Snap-on, but I am building a set... I have enough tools, never to NEED to buy a Snap-on tool, but I do. I want to, I LIKE them, don't care they are expensive.

Your statement is fine, a mechanic could do just fine without Snap-on tools, I did for many years; that is not the point, alot of us want them............

I used to work for Cornwell, and have used all the brands, and my honest opinion is if you are going to buy truck tools, Snap-on is the best of them. That is just my opinion and obviously the opinion of many others.

 

[Dieselbutterfly]

i agree

 

[autoace]

its ok, i think even some truckers buy chrome parts for their rigs because they want,not need it.i guess we all have something we are willing to pay a premium for.me included

Arguing a cheaper tool will do the job fine is obvious, but not the point. We don't need a woman who looks like a ******* model to get our rocks off, but given the choice; that is what we would all pick, for sure, so.................................................

 

[Aberdale]

This cracks me up.

Snap-On makes their tools in America, with American Union labor, and steel made in America, provides a lifetime warranty for free replacement, has a truck that brings the tools to you at your place of work, and then customers say they cost too much?

WTF? What do you think all of this "service" costs? I would bet the profit margin is a lot lower than you think, especially if you figure in a couple warranty replacements over the life of the tool. (Do you think those free replacements don't cost Snap-On anything?)

Take away the lifetime warranty. (If a tool breaks, then you have to buy a new one).
Take away the truck. (Now you have to order online or go to a store).
Take away the Union labor. (Anyone can make a wrench, right?).
Make the tools in southeast Asia (Cheaper labor, cheaper materials, no EPA, OSHA, etc.)

Now, the Snap-On wrench will be just like a Craftsman, will be just like Pittsburg, will be just like an Evercraft, will be just like a Stanley, will be just like a Carlyle, etc. With all of these whiney "I'll only buy 'Merican" threads, I can't believe anyone would be complaining about cost of American made tools.

If customers were willing to pay double the price of a Craftsman raised panel, they would still be made here. But they won't. And that my friends, is why everything is being made in SE Asia. And as for Snap-On? With more threads like this and customers whining about price, they will eventually offshore production, too. Just wait and see.

'dale

 

[PavelK313]

Actually, it's "Case in point." Ooops. Learn the ENGRISH.

***** all ya want.

I'd also complain Ferrari OEM prices are too high for thier cars as well as Porsche, Corvette and BMW. WTF's up with high prices for well built things. That's sooooo new. ZOMG.

You pay to play for pro tools.

What about that is the canundrum???

Good tools, service at your door weekly and weekly on truck no interest financing.

#clueless.

You can make as much fun out of my english as you wish. I wasnt born in US and havent lived here for too long. Not saying it as an excuse, I know my english has a lot left to be desired!

Actually BMW prices are not bad at all.

 

[Dieselbutterfly]

i agree

 

[autoace]

you sure you responded to the right poster,im in complete agreement with you

I was just adding to the need/want argument How about a new slogan

I can loosen my bolts with a cheaper wrench just fine, but I get my nuts off with Snap-on tool..............................

 

[autoace]

I got a few new Snappy items today, thread coming soon. yes, I paid too much for them, but................

 

[Gabastone]

Somebody has to pay for all those buckets of flea market finds that get warrantied for rust.

 

[pfarber]

When I see a drawer full of Snap On tools I am amazed by two things.... but the first one is ALWAYS how bad the guy got raped for a tool.

Snap On has defects, and returns.. and no man made object is perfect. But what really makes me wonder is that people REALLY THINK that the tool is somehow better. I can wreck any tool, knowingly or not (do snap on screw drivers make better chisels that Craftsman screwdrivers? hahahahaha).

But when (not IF, but WHEN) some snob thinks that my messy, dirty tools in my dented tool cabinet/chest is any less capable than his... I simply ask him what he did with his tools that week. Then I tell him what I did with mine. My list is always longer.

Would I turn down a set of X that were free to prove my point? No. Would I save up for months to buy a tool that has no real advantage over the stuff I can get online or at the store? No.

I'd like *someone* to tell me what makes brand X better than brand Y. And no, 'shiny' doesn't count.

 

[thejudges69]

its ok, i think even some truckers buy chrome parts for their rigs because they want,not need it.i guess we all have something we are willing to pay a premium for.me included

Totally different scenario, unless you do this job and understand it,a friendly suggestion is to no dabble in it.

Gingerbread for trucks is a want you're right, but we don't have the array of choices like you do for tools. Most American made dress up is pricey where foreign alternatives are cheaper and just as good, some are even better. The Taiwan lighting alternatives are better lights, the American bumpers made right in so Cal are junk with numerous complaints, the dash plaques for switches are 304 stainless both us and foreign, but union labor drove the price ofus parts up. Our world is nothing like the tool world.

 

[jjjrmx5]

You can make as much fun out of my english as you wish. I wasnt born in US and havent lived here for too long. Not saying it as an excuse, I know my english has a lot left to be desired!

Actually BMW prices are not bad at all.

My apolgies PavelK, but with that note that I was not tossing on your English, but the idea that Snap-On is over priced. You do not like it. Sadly, I do not think that anyone likes it.
But ,those of use that use them professionally still use them, like them and still use the service. Odd, huh?

Again, they are aimed at a target market.

As for Euro cars, BMW's still command a premium price where I live.
For you. maybe not so much.

 

[Conor42]

My Snap-on guy hates me. I buy stuff used on eBay and warranty it through him.. or when I do buy stuff from him it's on sale or listed at some low introductory price. He'll try to sell me something else like a set of nice sockets but includes a ratchet with it that I don't need.. then gets all flustered when I stonewall him. It's pretty awesome

Pick and choose your battles.. if people stop buying their truly overpriced **** they'll charge less, stop making it or figure out how to build it cheaper. Either way, you (the customer) win!

 

[JMSVIDEOPRODUCTIONS]

I seriously think that the price of silver might be less than that long wrench set.

I think you may be right!

 

[byoungblood]

Doesn't seem like the price of ratchets was increased much.

Which doesn't help my situation, I've been reading for a few hours now about issues people have had with Dual 80s and still can't make up my mind between those and a set of Wright roundheads for a lot less

Can't go wrong with either the Wright, or Williams round head ratchets. I have a F80, Wright 3426, and Williams B-52, and they are all very similar in terms of feel and swing between tooth engagement. I dare say the Williams is the smoothest of them all, and I only paid $1 for it at a yard sale.

Most of the tool truck "advantages" went away when you could easily order, and have shipped straight to your door, any of the top tier industrial brands like Wright, Proto, Williams and Armstrong. So now you are just paying for what is an outdated business model and somewhat inefficient distribution system.

 

[FiendFX]

I'm not justifying that price by any means but the link above is for the long wrenches. Standard lengths are still quite pricey imo, but considerably cheaper than that.

http://buy1.snapon.com/catalog/item...roup_ID=674993&store=snapon-store&dir=catalog

I got these and they used to be $200+. I did hear my snap on dealer said price will increase eventually.

I think ebay will be good market from now on. Snap on wise that is...