Snap-On Student price list
- Thread starter Canadian Cowboy
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chadster1
Well-known member
I love it when someone who has no clue starts talking about how much a dealers markup is in the final price of a tool.
I am sure Snap-on has a route available somewhere if you want to sign up. Use my name as a referral and I will get a bonus.
www.snaponfranchise.com
lennoxlennox
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the prices on that list are in excess of the student pricing discounts, i'm not sure if the school subsidizes them or they just got very very favorable pricing from Snapon... typically it averages around 50%... i did a quick check on some of those items and they are well below the SEP pricing
lennoxlennox
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it's amazing how many "experts" claim how much snapon dealers and snapon company makes... great reply!
lennoxlennox
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just a sample of some of the Student pricing from the Snapon site vs this schools price list
item...........SEP..........This School
112tmmy....75.36.........54.72
112stmm...110.08.........80.64
212sfsmy...114.72.........83.52
313tsmya...192.48........140.04
oexm713b...205.92........150.10
item...........SEP..........This School
112tmmy....75.36.........54.72
112stmm...110.08.........80.64
212sfsmy...114.72.........83.52
313tsmya...192.48........140.04
oexm713b...205.92........150.10
OP
Canadian Cowboy
Well-known member
I know more than what you think but you are welcome for your 2 cents comment if you don't like the topic or the content than don't read it or otherwise get over it.
CC
purplezr2
Well-known member
Why does everyone need to be such assholes.
The way I see snap on gives a great deal, how much they make only they know.Unless you work for them you really don't know what there mark up is, even dealer more then likely don't know the mark up that Snap on makes on the product. I know the company I work for does not disclose the profit it makes per unit to the dealers. Snap on may not make a dime on SEP or very little, but they grow customers. It is really no different then the lost leader model used my many store(mostly grocery) to get people in the door(truck).
carterbeauford
Well-known member
elaborate, what are their requirements for an industrial account?
glenmore
Well-known member
Every ex-student that I bought SO tools from had a full list price invoice. When haggling over price, they would whip it out to impress upon me the great deal I was getting.
Here's a current one on my local CL:
http://losangeles.craigslist.org/sfv/tls/3179788998.html
I always got the impression that these ex-students did not have much of their own money at stake, i.e. that they actually themselves paid the student prices for whatever was on their invoice. It seemed like most of the cost of the their classes and the cost of tools was heavily subsidized. I know that if I were a student and paid tuition and paid student prices for the tools, I'd be a lot more determined to get my money out of them than these ex-students were.
Here's a current one on my local CL:
http://losangeles.craigslist.org/sfv/tls/3179788998.html
I always got the impression that these ex-students did not have much of their own money at stake, i.e. that they actually themselves paid the student prices for whatever was on their invoice. It seemed like most of the cost of the their classes and the cost of tools was heavily subsidized. I know that if I were a student and paid tuition and paid student prices for the tools, I'd be a lot more determined to get my money out of them than these ex-students were.
Need4racin
Banned
x2. Only the ones with fear like to have the wool over their eyes.
Way to go CC, don't take no **** the dealer boys. They are just as bad as the car lot dealers. They will smile and pat you on back as long as you're playing their game. But soon as you say no they get ill-tempered.
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Fast LT1
Well-known member
Yea i'm a student and i order stuff through SEP and those prices are cheaper than mine. What i can't get through SEP, i buy off the truck. And no the prices don't piss me off, when purchasing from my dealer. Honestly i rather buy from my dealer, he worked 15 years for the same company i do and is a good friend.
lennoxlennox
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agree
i buy from my dealer because I need the tool or he's got a special going or the most likely reason is the tool i want isn't available through the SEP discount - it is only the basics, for example I wan't a BJP1... it's not sold there
lennoxlennox
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really?
the way i see it, they are just like you, like me
they are trying their best to make a living - i wouldn't want their job - i don't see them getting rich, in fact i see the risk they have and huge cash outlay in their inventory and i see many go out of business
why begrudge someone running a business? profit just like your wages isn't a dirty word
Need4racin
Banned
You have a point, but the price of their products just gets old. Yes a few of their specialty tools are better than the competition, but not everything they have.
I guess it goes both ways. When we go to the gas station and buying fuel, we are paying retail there. Grocery store is retail on food.
Must be the entrepreneur in me, I want to cut out the middle man and go to the source, then eventually create my own source and start a monopoly. hahaha
I guess it goes both ways. When we go to the gas station and buying fuel, we are paying retail there. Grocery store is retail on food.
Must be the entrepreneur in me, I want to cut out the middle man and go to the source, then eventually create my own source and start a monopoly. hahaha
im sure some have cheated the system but technically you're suppose to be a full time student taking a course in one of the trades. I dont think you're required to be in automotive courses specifically, just something that would require tools. I bet someone in electrician or HVAC school would be able to get in as well.
From there some schools have reps or you can go directly to snap-on, just need proof of enrollment.
Given the list is a required tools sheet i wonder if they buy whats listed in bulk.
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That's a pretty ****** comment to make towards Chad, He doesn't come in here and force Snap on down anyones throat. If you don't want to buy Snap on tools, don't .... If your not smart enough to negotiate a fair value for a Used car, stay off the Lot. Obviously... There are lots of people here who feel snap on is overpriced, I have no issue with that. On a side note this world is full of luxury items that most could do without but choose to buy based on there own wants versus actual needs. It's one thing to have a personal opinion, it's entirely different when you let your beliefs lead you to make such a ill regarded statement about a valued member. I've never once seen chad or Shaun try and push there product here, this world is full of people who are trying to pedal a product or service to make a living. If a person doesn't have the intelligence to determine what is best for them, maybe they should move back into there parents basement. I'd hate to go through life pissed at everyone who has something nicer than me.. This place Amazes me sometimes. I offer alot of free information, Have shipped out hundreds of dollars worth of free seals along with the ride to people who really needed help and never asked for anything more than a thanks. Then I read some ill regarded statement like yours towards someone who only tries to assist members with questions about a product line and quite frankly it pisses me off at 3am.. Why I just don't utilize the ignore option is beyond me.
GeorgiaHybrid
Well-known member
It's obvious that neither one of you know about the profit that the tool truck drivers make, their cost or the **** they put up with. I don't drive a truck or work for Snap-on but I do buy their tools and go to the annual dealer franchise show with my dealer. I DO know what they pay. I also know how much a truck costs, fuel, maintaining the truck, tires, insurance, the money ******* in stock and the jerks they have to put up with on the routes that do not pay.
If they made that much money, why do you think so many of them go out of business? By the way, I have met with Chad during the last 3 conferences and he is a stand up, nice guy who is fun to sit around and shoot the breeze with. Don't start spouting blanket statements about people you don't know.
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FunkyfullWidth
Well-known member
I went through an auto program through a community college. Graduated in 09. Back then the discounts for my school were between 40-50 percent. The biggest box you could get was the classic 78, and you had spending limit of 5 grand. You could buy from snap on, mac, matco. We did not have to pay up front, and did not have to buy a starter set, we were also able to finance through snap on.. There were "suggestions" both from the school, and from the individual tool companies. And as I recall, there were starter sets on the student list geared for Auto, aviation, hvac, electrical... etc..
I'm glad that this was offered to me and I took full advantage of it. After all was said and done, I didn't cringe at the retail prices when I step onto the trucks. I knew what I was getting into.
Now, does snap on have ulterior motives with this....Most likely, they want to sell the starter sets to kids, then they graduate and want to fill the voids at full blown retail price, hopefully financed.. If snap on didn't see it that way it would be horribly business practice. They want the lifers...
I'm glad that this was offered to me and I took full advantage of it. After all was said and done, I didn't cringe at the retail prices when I step onto the trucks. I knew what I was getting into.
Now, does snap on have ulterior motives with this....Most likely, they want to sell the starter sets to kids, then they graduate and want to fill the voids at full blown retail price, hopefully financed.. If snap on didn't see it that way it would be horribly business practice. They want the lifers...
lennoxlennox
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Just like the local crack dealer
Apple were famous for this in the 80's
The theory being, give the schools a break (or take a loss leader) and have the students use their product in school and give the students a big discount to buy.
When they are in the work force making purchase decisions, they would buy what they are familiar with.
it's just good business
Need4racin
Banned
Don't take it personally guys. I didn't mean anything bad about one person individually. And I did forget about the extra effort they go to warranty items. It's just an opinion that's all.
BDT/NWMN
Well-known member
42 years ago, I was offered simular discounts from SnapOn and ProTo. I went with ProTo, and purchased "a few extras"; in addition to the basic offerings... Well, not so sure that they originally intended to sell the "extras" at a large discount??,,,But I didn't mind it...
Are there limits or "select offerings" on the current student discount programs? I did notice limit on the tool storage part.
Are there limits or "select offerings" on the current student discount programs? I did notice limit on the tool storage part.
ihateminimumwage
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There's a lot more offered through SEP than you can find clicking through the site. I go on the regular Snap-On site to get list numbers and then punch them into the SEP site, and about 90% of what I've looked up came up with student pricing.
I'm just waiting for my student loan check to show up this week to get back at it
I'm just waiting for my student loan check to show up this week to get back at it
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Carguy99
Well-known member
I think student pricing is a good thing. Anything to get them started. Matco Mac, even Granger and others have student pricing. Most of them, all they require is taking ONE class to be able to take advantage of student pricing and this pricing lasts for two years. Additionally, (and you guys are going to hate me but) as an instructor I have this pricing as well and it lasts forever. (and I use the hell out of it however I have never abused the system selling on CL or anywhere else)
I think the benefit is tremendous for the students and I think with the cost of a few classes at a community college a seasoned tech would more than recoup that cost on the discount one receives on tool purchases. And you would be smarter as well.
God knows some people could use it.
It is my experience SO is the most pain to work with in the student program and Matco is the easiest.
I think the benefit is tremendous for the students and I think with the cost of a few classes at a community college a seasoned tech would more than recoup that cost on the discount one receives on tool purchases. And you would be smarter as well.
God knows some people could use it.
It is my experience SO is the most pain to work with in the student program and Matco is the easiest.
Carguy99
Well-known member
demonspeed
Well-known member
I bought all my stuff when I was in school at the student prices. It helped out a TON. Now I have a big box filled with only snap-on tools, and no monthly payment!
Carguy99
Well-known member
WOW 9 PMs asking me to buy GJ members tools. I am sorry, as I said I have never abused the system. Mainly because its not fair and I don't wish to lose it.
osborn.ozzy
Banned
When I was in school no one had that kinda money even if it was discounted heavily
Wow that looks like a damn good deal.. I guess you can say I'm new to all these "professional high end tools" pricing. Maybe a little more towards the middle of the semester I will look into these programs, talked to one of my instructors and he said MAC, Matco, and Snap on were going to be stopping by within the semester to talk about their programs I guess I should wait till then.
Carguy99
Well-known member
@ Samson
Get involved as soon as you can and invest in your career. I learned a long time ago a simple formula.
Tools = money
At the beginning of my career i spent 200 a mo. on tools I always had a tool bill and I still do 50 yrs. later.
I think I need to clarify why I posted, it was to encourage people to take some classes, to learn what they do not know and If you feel school cant teach you anything. Well then teach share what you know, mentor someone. Give them the knowledge to succeed and become productive members of society.
The pay for Pt. teachers is not great however, the discount on tools is great. But the students are the real perk.
Get involved as soon as you can and invest in your career. I learned a long time ago a simple formula.
Tools = money
At the beginning of my career i spent 200 a mo. on tools I always had a tool bill and I still do 50 yrs. later.
I think I need to clarify why I posted, it was to encourage people to take some classes, to learn what they do not know and If you feel school cant teach you anything. Well then teach share what you know, mentor someone. Give them the knowledge to succeed and become productive members of society.
The pay for Pt. teachers is not great however, the discount on tools is great. But the students are the real perk.
Bkf350SD
Well-known member
I checked those prices on that sheet and the prices on the SEP program, and as others said, those are cheaper than what the SO SEP program offers.
metaleltr
Well-known member
Could someone with access to SEP pricing check the price on a SN24C breaker bar for me?
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e30bradley
Well-known member
thats not accurate. I just looked a few up.
e30bradley
Well-known member
Okay, I’ll weigh in on this thread.
Snap On is publically traded company. It is listed on NASDAQ (SNA.A). It closed at $70.31 on Friday. The stock price’s 52 week high was $70.85 and its 52 week low was $41.74.
As an owner of Snap On Stock and a user of its tools, I’m sort of on both sides of the issue.
I want my Snap On stock to surge in price and profits. I’ve invested my money with Snap On because I think the company is here to stay and it has a future (in spite of Harbor Freight, China, etc. selling their tools much cheaper.). It also pains me to pay mega bucks for a SO socket that I can buy something that is similar at Lowe’s for about 1/16th the price.
Snap On’s Chairman of the Board, CEO and President is Nicholas T. Pinchuk. Before joining Snap-on in 2002, Pinchuk worked for United Technologies Corporation and Ford Motor Company. Pinchuk is an engineer by education holding Master and Bachelor of Science degrees in Mechanical Engineering from Rensselaer Polytechnic Institute (Troy, NY). He also has a Master of Business Administration degree from Harvard Business School (MBA 1976)
Pinchuk’s Total Annual Compensation Package is $7,801,760.00. He also has exercisable stock options in the amount of $926,535.00 and about $800,000 worth of stock options that will become payable on his staying on at Snap On.
I don’t know if Pinchuk gets the Big Red Snap On box for free, but if not, I think we can agree that he can afford one easily, even without the employee discount.
Snap On’s stockholders (of which I am one) pay Pinchuk very well to make money for its shareholders. I won’t say every special truck tools deal offered by Snap On is personally approved by Pinchuk but I’d say someone who reports to him approves just about all of them. The cheap Snap On pocket knife that was made in China or somewhere else) – this was the idea of someone who worked for someone at Snap On.
I’m not sure of the business arrangement and its Snap On Truck Owners. I know some truck owners are members on this Forum and I’m sure being a truck owner requires the ability to keep a fine balance between business decision making and salesmanship. (Are there any female truck owners?)
I'd actually like to know what the "buy in" cost to get an outfitted Snap On Truck is? Anyone know?
I’m sure owning a truck comes with many, many problems and that some drivers are very successfully and some are just holding on. Offering “truck credit” to wrench turners is tough because not only are they are your customers but at the same time a lot of them are you debtors. As a truck owner you want to turn a profit while at the same time keeping your customers happy.
I’m also pretty sure some of the Snap On truck owners mortgaged their houses to buy into the truck and this causes additional pressure.
Reading about the student discount and how Snap On marks up its tools “too much” and that “the students cheating the system by reselling the tools” and the “truck owners being upset because a student price list is posted”. . . . like many things in life – there are different sides to this story.
Snap On wants future wrench turners to get hooked on Snap On tools - - think of it like your local crack dealer “here, just try this, it won’t hurt you” – get someone to start with a great brand of tools and you suddenly decide you can do with nothing less (if you don’t believe this – read the threads on this forum by the Snap On lovers).
As for the wrench turners – most of them need great tools at good prices. Many of them are working on a small profit margin and trying to keep their love of having great tools and balancing it against truck credit, car note, house note, etc. Most mechanics work hard, made a decent living but they want great tools at good prices. The mechanics have to deal with overhead just like Mr. Pinchuk does.
The truck owners have a lot of money into the game. I’m not sure of what the buy in is for a Snap On Franchises is (I’d like to know if someone would post it). I don’t know what the average cost of inventory of a truck costs but the key to a Truck Owner making money is to buy the tools at the lowest price they can, sell them at a higher price and make sure that after the bills are paid (insurance, truck maintenance, fuel, finance charges, health insurance, - - the list goes on. The truck owners have the same issues as Mr. Pinchuk and the wrench turners have.
Folks, this is business in America.
The short answer to this long post:
1. Snap On is a publically traded company in business to make money.
2. Snap On Truck Owners are usually small businessmen in business to make money.
3. Snap On Tool owners (at least the ones who make a living with the tools) are in the business to make money.
If you give this some thought you can see all the sides.
Does anyone know if Mr. Pinchuk subscribes to Garage Journal? I’d like to PM him and see if he gets an employee discount and would be willing to help me out?
Anyway, keep the conversation pleasant and I’ll continue to read.
Snap On is publically traded company. It is listed on NASDAQ (SNA.A). It closed at $70.31 on Friday. The stock price’s 52 week high was $70.85 and its 52 week low was $41.74.
As an owner of Snap On Stock and a user of its tools, I’m sort of on both sides of the issue.
I want my Snap On stock to surge in price and profits. I’ve invested my money with Snap On because I think the company is here to stay and it has a future (in spite of Harbor Freight, China, etc. selling their tools much cheaper.). It also pains me to pay mega bucks for a SO socket that I can buy something that is similar at Lowe’s for about 1/16th the price.
Snap On’s Chairman of the Board, CEO and President is Nicholas T. Pinchuk. Before joining Snap-on in 2002, Pinchuk worked for United Technologies Corporation and Ford Motor Company. Pinchuk is an engineer by education holding Master and Bachelor of Science degrees in Mechanical Engineering from Rensselaer Polytechnic Institute (Troy, NY). He also has a Master of Business Administration degree from Harvard Business School (MBA 1976)
Pinchuk’s Total Annual Compensation Package is $7,801,760.00. He also has exercisable stock options in the amount of $926,535.00 and about $800,000 worth of stock options that will become payable on his staying on at Snap On.
I don’t know if Pinchuk gets the Big Red Snap On box for free, but if not, I think we can agree that he can afford one easily, even without the employee discount.
Snap On’s stockholders (of which I am one) pay Pinchuk very well to make money for its shareholders. I won’t say every special truck tools deal offered by Snap On is personally approved by Pinchuk but I’d say someone who reports to him approves just about all of them. The cheap Snap On pocket knife that was made in China or somewhere else) – this was the idea of someone who worked for someone at Snap On.
I’m not sure of the business arrangement and its Snap On Truck Owners. I know some truck owners are members on this Forum and I’m sure being a truck owner requires the ability to keep a fine balance between business decision making and salesmanship. (Are there any female truck owners?)
I'd actually like to know what the "buy in" cost to get an outfitted Snap On Truck is? Anyone know?
I’m sure owning a truck comes with many, many problems and that some drivers are very successfully and some are just holding on. Offering “truck credit” to wrench turners is tough because not only are they are your customers but at the same time a lot of them are you debtors. As a truck owner you want to turn a profit while at the same time keeping your customers happy.
I’m also pretty sure some of the Snap On truck owners mortgaged their houses to buy into the truck and this causes additional pressure.
Reading about the student discount and how Snap On marks up its tools “too much” and that “the students cheating the system by reselling the tools” and the “truck owners being upset because a student price list is posted”. . . . like many things in life – there are different sides to this story.
Snap On wants future wrench turners to get hooked on Snap On tools - - think of it like your local crack dealer “here, just try this, it won’t hurt you” – get someone to start with a great brand of tools and you suddenly decide you can do with nothing less (if you don’t believe this – read the threads on this forum by the Snap On lovers).
As for the wrench turners – most of them need great tools at good prices. Many of them are working on a small profit margin and trying to keep their love of having great tools and balancing it against truck credit, car note, house note, etc. Most mechanics work hard, made a decent living but they want great tools at good prices. The mechanics have to deal with overhead just like Mr. Pinchuk does.
The truck owners have a lot of money into the game. I’m not sure of what the buy in is for a Snap On Franchises is (I’d like to know if someone would post it). I don’t know what the average cost of inventory of a truck costs but the key to a Truck Owner making money is to buy the tools at the lowest price they can, sell them at a higher price and make sure that after the bills are paid (insurance, truck maintenance, fuel, finance charges, health insurance, - - the list goes on. The truck owners have the same issues as Mr. Pinchuk and the wrench turners have.
Folks, this is business in America.
The short answer to this long post:
1. Snap On is a publically traded company in business to make money.
2. Snap On Truck Owners are usually small businessmen in business to make money.
3. Snap On Tool owners (at least the ones who make a living with the tools) are in the business to make money.
If you give this some thought you can see all the sides.
Does anyone know if Mr. Pinchuk subscribes to Garage Journal? I’d like to PM him and see if he gets an employee discount and would be willing to help me out?
Anyway, keep the conversation pleasant and I’ll continue to read.
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metaleltr
Well-known member
$47.96 . I have one
Thank you very much, For 8 dollars more than Gearwrench I can have snap on, now just to have dad call our dealer.
I am a student in autobody, my dad is the teacher, I have yet to take advantage of SEP.
E30: Would you mind looking up a few other part numbers for me?
You need to be in school taking classes and a full time student, not an apprentice.
Your dealer doesnt have anything to do with SEP, its for reps through school and online.