Quick Answer: How Much Do Auto Body Estimators Make?

How do I become a certified estimator?

The Certified Cost Estimator/ Analyst (CCEA®) is offered by “International Cost Estimating and Analysis Association”, ICEAA.

For getting this certification, you need a minimum of five years cost experience and a bachelor’s degree, or eight years of experience if you don’t have a four-year college degree..

How much do construction estimators make per year?

The average Construction Estimator salary in the United States is $71,541 as of December 28, 2020, but the salary range typically falls between $63,490 and $81,841.

How much does Body Shop pay per hour?

Average The Body Shop hourly pay ranges from approximately £8.86 per hour for Team Leader to £25.00 per hour for Trainee Manager. The average The Body Shop salary ranges from approximately £10,000 per year for Customer Consultant to £29,114 per year for Sales Consultant.

Is owning a auto repair shop profitable?

The benchmark for net profit for an automotive shop is 20% of sales. … The parts-to-labor ratio is perfect, margins are right at the benchmark, and the owner is actually taking a management salary of $60,000. You’ll also notice that the shop is producing more labor with one less technician.

Do estimators get commission?

• Preputin’s estimators qualify for a 2 percent commission on the shop’s overall sales for each month that they achieve an 80 percent closing ratio. The estimators typically earn a monthly bonus of $500.

What is the highest paying job in the automotive industry?

Career Information for the Highest-Paying Automotive JobsAutomotive Body and Glass Repairers. … Transportation Equipment Painters. … Industrial Designers. … Automotive Service Technicians and Mechanics. … Sales Managers. … Diesel Service Technicians and Mechanics.

How much do body shop owners make?

According to Chron.com, the average annual salary for an auto body shop owner is $101,000, although this varies by region.

How much does a auto body shop manager make?

National Average As of Dec 24, 2020, the average annual pay for an Auto Body Shop Manager in the United States is $73,323 a year. Just in case you need a simple salary calculator, that works out to be approximately $35.25 an hour.

Is being an estimator a good job?

Estimating is one of the most important jobs in construction. Demand for well-qualified estimators continues to grow because construction is on an upswing. Colleges have strong programs in construction management, but they do not specifically teach detailed trade estimating. …

How much do estimators earn?

Cost Estimators made a median salary of $64,040 in 2018. The best-paid 25 percent made $84,000 that year, while the lowest-paid 25 percent made $49,850.

Is owning a body shop profitable?

According to Body Shop Business, profit margins on parts sales typically average between 20 and 28 percent, while labor profit margins range between 50 and 65 percent (Source). Accurately allocating and tracking the amount of time needed to complete jobs is key to running a lean and profitable auto shop.

How much is a body shop worth?

As a whole they produce $90B in annual sales. The average auto body shop is rather small with some $578,000 in annual revenues and a staff of just over 5….Example: Valuation of an auto body shop using multiples.MultipleMultiple valueBusiness valueHigh0.92$1,171,100Average0.37$623,100Median0.31$564,5002 more rows•Dec 19, 2012

How much do auto body shops make per year?

Average Profit of a Auto Body Shop In general, a larger auto body shop can earn $100,000 per year, and mechanics themselves can make between $30,000 and $50,000 per year.

Do construction estimators make good money?

Average Salary for a Construction Estimator Construction Estimators in America make an average salary of $73,710 per year or $35 per hour. The top 10 percent makes over $106,000 per year, while the bottom 10 percent under $50,000 per year.

How do body shop estimators get paid?

A “graduated” plan pays an increasing percentage based on sales. An estimator may make 5 percent of sales up to $110,000, but can earn 6 percent on sales above $110,000. … The reason is simple: A collision damage estimator is traditionally a salary or hourly role because of the primary job duties.