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How do you price for parts?

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Sheila

02-17-2000 11:28:45




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We have a Massey 1155 with new tires, transmission and clutch, but the engine is blown. How do you suggest we put a price on this?




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Tom S.

02-17-2000 14:16:52




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 Re: How do you price for parts? in reply to Sheila, 02-17-2000 11:28:45  
If trying to wholesale as complete unit, figure it like any clean 1155 minus the price of a used engine. Any salvage dealer should be able to quote a price on a take-out engine fairly quick over the phone. Forget parts, labor +10% etc, unless you are trying to retail, then you must have the engine torn down and completly asses the cost of overhaul in your sales price. If trying to figure a salvage price it is usaully a guesstimate by the pound plus obvious usable parts visible on the exterior. [tires, seat, sheet metal, etc] Money spent on the interior of engine or drive train is generally a loss, because the salvage dealer buying it, is the one who has to warranty the parts when he sells them, and I don't know too many folk who will warranty some one elses transmission overhaul. Someone with a lot of Massey will generally lean toward a higher figure though, because he sells a lot of the same stuff and is not afraid to offer what it is actually worth. Also, it never really hurts to know what comparable operational equipment actually brings in your area. Go to sales where the dealers go and talk to them while you are there. People who sell a little volume over the years can throw a price on something and sometimes start a trend! Where are you located? When you come up with a figure, let me know. I might be interested in it myself if it has 38" rears and it's not too far from mid Tenn. Tom S.

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