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The cost of the replacement component (i.e. the head gasket itself) is usually relatively low, however there are significant labor costs involved in the replacement process. [6] This is because the process of removing and replacing the cylinder head is a time-consuming task.
Service Labor Time Standards (SLTS) are used by automotive manufacturers to determine the time required to repair a particular malfunctioning part on one of their automobiles. The SLTS is the benchmark for other aftermarket repair facilities to determine how much to charge customers when they have their vehicle repaired.
Cost based pricing is still a useful method for specific categories of service parts. Low volume parts sold once in a product-lifetime have little effect on profitability but do need a price in the market. Such parts can be priced using the cost based approach with slight markups on the cost of the parts.
Apprenticeship, in addition to training once hired; some mechanics may take vocational or community college courses in certain areas such as heating and air conditioning, engine and transmission maintenance, and collision repair; further education and training could lead to becoming a supervisor or manager, or with a baccalaureate or graduate degree, an automotive engineer or design specialist.
Unit labor costs - the price of labor per single unit of output - increased at a 0.8% annualized rate last quarter, the Labor Department's Bureau of Labor Statistics said.
First appearing in the early 1900s, [2] many filling stations offered vehicle repair services as part of their full service operation. This once popular trend has declined significantly over the years as many locations found it more profitable to exchange vehicle service bays for grocery isles, which ultimately led to the emergence of the quick oil change industry.
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