Return on Investment

Browse through 10 pages of information needed for making importaint decisions on new tools and equipment in the shop.


OTHER BENEFITS

The PP319FTC has a built-in 4mm banana jack adapter so users can pop off the tip and connect instantly to the Power Probe Gold Series Lead set, or any existing 4mm test leads. The connectors are all heavy-duty, rubber-shrouded keyed connections. The connectors are very durable and virtually impossible to accidentally disconnect.

Anyone who can operate a standard test light can use the PP319FTC. The PP319FTC comes complete with an operators manual and training DVD.

MSRP: $169.95

EQUUS DIAGNOSTICS ADD TO BOTTOM LINE

Equus Inovations

The Innova 3100 CAN OBDII diagnostic tool from Equus comes with a unique, patented all-in-one display and three different color LEDs to show emissions test readiness. The scan tool retrieves OBDII DTCs, generic codes (PO, P2, P3 and UO) and manufacturer specific codes (P1, P3 and U1).

UNIQUE FEATURES

The tool automatically updates data every 30 seconds when connected to the vehicle, with a memory feature that stores codes for off-vehicle review. The 3100 comes with freeze-frame data and on-screen definitions in three languages. The tool comes with access to CanOBD2.com RepairSolutions which gives trouble code definitions, a full diagnostic report, probable causes, most likely fix to DTCs, repair costs and more.

MSRP: $192.09

PROTECT TPMS PROFIT MARGINS

Bartech USA

Bartec USA conducted a survey of OE dealerships nationwide to find out what shops charge for TPMS service. We used the following scenarios to determine what a dealer would charge an Independent Service Facility (ISF) to repair, replace or re-learn a vehicle that had been worked on by the ISF.

• Scenario 1 – Sensor broken by service facility, replaced by service facility, sensor ID re-learned at the OE Dealer.
• Scenario 2 – New set of wheels and sensors installed by service facility, sensor ID re-learned at the OE Dealer.
• Scenario 3 – Tire rotation by service facility, new positions re-learned by OE dealer.

ROI CASE STUDY

While it is difficult to place an exact dollar value on customer satisfaction, we can compute the costs of paying an OE dealer to finish (or repair) the TPMS service started by the ISF. Based on daily direct communication with the ISF, Bartec USA estimates that a moderately busy ISF currently experiences 30-50 TPMS vehicles per month. If three of these service jobs had to be sent to a dealer for re-learn or repair (paid by the ISF), their potential cost would be $135-645.24 per month.

For example, an Independent Tire Dealer fits a 2008 Toyota Camry with four new wheels, tires and TPMS sensors. The tire dealer would have to spend an average of $215.08 to have those new wheels programmed into the control module, not to mention driving the car to the OE dealer to complete the work. This is lost margin. However, if the tire dealer uses the Tech400, the work is done quickly and accurately at their shop and the customer leaves satisfied with a job well done!

MSRP for Tech400: $2,699.95
Annual Update: $0 for the first year, $349/year afterward

TPMS Vehicles Serviced Per Month
(as per the example)
Potential Monthly Profit Saved Potential Monthly ROI
1 $215.08 7%
4 (1 per week) $860.32 32%
20 (1 per day) $4,301.60 159%
32 (8 per week) $6,882.56 258%

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