Automotive Repair Service - Revenue Model
REVENUE MODEL
Our business is based on an hourly rate revenue model, based on industry norms, with a moderate degree of complexity. Complexities in our business model are primarily based on continuously changing corporate policy/rate modifications with partner-insurance companies.
Clients are charged based on estimated time and materials required to complete repair in a timely, professional manner to our exacting quality standards.
Market pricing for hourly rate and repair time-allowance standards are used in our pricing model. Industry standard pricing is set forth by industry organization publications and OEM aftermarket repair guidelines. All pricing is normalized to the Southeastern Michigan market-pricing norms and are based on time-studies performed by industry associations and acquired local competitive and labor knowledge. Organizations providing valuable information include Motors Manuals, ADP, and Mitchell Manuals.
CEI's major focus...
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