What is your markup on your back counter?

[James96]

What is your markup to your service side? Most of the stuff we sell is around 40% GP. Curious on what other shops are doing.

[PartsDanager]

average markup is 41, with a sliding scale to get more money out of small items and get costlier items closer to list.

[PartsDanager]

sorry, GP is 41. don't recall the markup factor to get 41 gp, and don't feel like mathing.

[MSInventory]

I believe a mark-up of 67% will get you about 40% GP which should be most manufacturers list price.

[Parts007]

tires and accessories will bring that number down. especially tires.

[PartsOnBackorder]

We use a very aggressive parts matrix setup . To properly be a profit driver and keep the lights on you have to make sure to utilize a properly balanced parts matrix system. You will have your family priced items like Air , Fuel ,Cabin , Plugs , Wires etc.. BUT beyond that you should NOT be selling regular list on anything in the shop . We have a warranty parts mark up right now of 94.2 % because of our properly run matrix setup .

[POOCHADM]

WE ALSO USE GM'S MATRIX, AND IT GIVES US A LITTLE CUSHION IF A CUSTOMER IS NOT HAPPY WITH PRICE. MAKE THEM FEEL LIKE THEY WINNING WHEN WE KNOCK 20-30 BUCKS OFF PRICE.

[smoyer]

retail or shop should be the same (matrix) otherwise you will get in a trick bag when they call in and get a cheaper price over the phone we run about 44% gp

[WhoParted]

Average about 34% GP combined for everything that goes to the shop

[Johnmanager]

My mark up is 45 GP on OE parts and anything aftermarket is 55 GPplus matrix