Anyone else here on r3v work/run/own a shop? It's been aprox 30-40% less volume the last few months. Summertime is where the gravy is, (e.g. cooling system / Air Conditioning) But not this year. Anyone else feeling the pinch on the wallet, no flag time, Empty bays, Techs playing with RC cars and footballs. It's not been like this in SoCal for at least the past 10 years I recall.
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At my old shop yes, we felt the crunch. However after switching jobs the new place is constantly busy. But thats most likely due to a different price structure.
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We do on average about $210,000 a month out of 14 lifts + 1 Alignment Rack and 8 liftless bays. Stay pretty busy, 11 to 12 hour days, just been quiet all around the other shops too.Comment
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i take notice of this kinda thing, or at least i have noticed, how a large number of bays are unusually empty... we had record highs for weeks here yet i still dont see this affecting the industry.Comment
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We've been busy at the shop I work at non-stop since I started. We can't seem to get a break in people bringing shit in.Comment
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My friends shop where i have my s50 sitting has been extra busy the last 2 months, hence my shit NOT getting worked on....IG: @Baye30
FRONT VALENCE IS ZENDER!!! STOP FILLING MY PM BOX PPL!!!Comment
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nice double post.IG: @Baye30
FRONT VALENCE IS ZENDER!!! STOP FILLING MY PM BOX PPL!!!Comment
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Coincidentially I was driving around last night and I pulled into an auto shop parking lot after hours and I was shocked to see the parking lot and all of the service bays empty. Usually an auto shop with more than 8 bays would have at least 4 to 5 drop-off customers and/or unfinished cars sitting on the lift.
Maybe the surge in new car sales over the last couple of years caused fewer people to need their cars repaired.Comment
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My brother has worked in the mortgage lending business for the past 5 or 6 years so he's seen the entire rollercoaster ride from start to finish. Fortunately he works for a big financial company and not one of those mortgage brokerage places *cough* Countrywide *cough* so his bacon is safe even as the market continues to implode. At any rate, this market slump is also effecting the car biz. My friend Ron runs a Porsche/BMW shop here in Sac where his crew of 5 mechanics do everything from basic maintenance to some custom fab work and race car preparation. I was at his shop about two weeks ago and asked how things were going given the slump in housing. He said the winter months were slower than what he's used to but currently we're in the midst of club racing and HPDE season so he's got more than enough to keep his plate full. He thinks this coming winter could see some more slow days since the market will still be in its funk for some time to come.
JonRides...
1991 325i - sold :(
2004 2WD Frontier King Cab
RIP #17 Jules BianchiComment
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I would guess that so. cal. would be the first to feel the extra output crunch that the arm mortgages are doing to people since you guys have some of the highest cost of living in the country. Hang in there I am sure between that and school starting back up has alot to do with things slowing down some...Comment
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Thanks guys, I'll kep my head up. But like you guys said, SoCal feels it first. So if this is the case, Heads Up!! out there.Comment
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i know Florida is feeling it too, at least South Florida. Not to sure about Auto but Construction. Im an electrictian and our company is luckily very steady but we were 2 weeks backed up. alot of major companies are laying off lots of people. People also dont want to spend their money.
Im also in the process of buying my first home. i really dont feel bad at these investors that are being foreclosed on becaus they started this mess.Comment
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its the home owners who are being foreclosed on and not the investors. the lending companies are the ones who started this mess allowing stated only loans on people who had poor poor poor credit and then hooked them into a arm mortgage were their payments have basiclly doubled in recent monthsComment
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