What Type Of Car Mechanic Makes The Most Money?

How much does a high end mechanic make?

Automotive technicians in the 90th percentile of earners made annual median salary of $62,280, according to the BLS.

This is the tier where you may find many high performance mechanics.

When the machines they work on are worth millions, the mechanics’ finely honed skills are often richly rewarded..

Is $40 an hour good?

A $40-per-hour job provides an annual income of around $83,200. Not bad at all. … Look at healthcare and IT jobs. You’ll likely need a degree and a good amount of training to get hired.

Where do mechanics get paid the most?

The 10 States With The Highest Mechanic Salaries For 2019Nevada.North Dakota.Texas.Washington.Utah.Michigan.Minnesota.Montana.More items…•

Is an 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.

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.

Can Mechanics make 6 figures?

The median wage for an auto mechanic in the US is quite low unless you have credentials, own the shop, or work as a heavy equipment mechanic. The typical year is 2000 hours, so making 6 figures means earning $50 per hour, or about double the 90th percentile of mechanics wages.

Do mechanics make a lot of money?

Generally, mechanics make a decent living, earning a median annual salary of $36,600. But most are paid according to a “flat-rate” system, meaning that they only make money when there is actual work to be done.

What should I study if I like cars?

If you’re a recent graduate looking for a line of work or an employee who’s worn down by the daily grind, turn your passion for cars into a career….Here are some of our career suggestions for people who love cars.Driver.Salesperson.Mechanic.Journalist.Restorer.Statistician.Accountant.Game Developer.

How much does a car salesman make a year?

According to the site Payscale.com, the median salary of a car salesman in 2018 was $41,539, with a range of about $19,000 for those earning in the bottom 10th percentile and about $83,000 in the 90th percentile. The median is the number above which half earned more than and half earned less than.

Is it worth being a mechanic?

Most people who become mechanics do it because they already know cars and perhaps have experience working on their own. … Becoming a mechanic can be well worth the effort if you stick with it, and you can make good money doing it, but if you don’t plan on doing it for a living, then just stick to your own car repairs.

Is mechanics a good career?

Job Satisfaction A job with a low stress level, good work-life balance and solid prospects to improve, get promoted and earn a higher salary would make many employees happy. Here’s how Auto Mechanics job satisfaction is rated in terms of upward mobility, stress level and flexibility.

Why do auto mechanics make so little?

Most experienced mechanics get their work done faster than the flat rate because of their experience. A mechanic might bill 12 hours in an 8 hour work day, which can pay him very well. The “flat rate” is the amount the shop charges per hour on a job. A job has a time rating in what is called the Chilton’s Guide.

What should I do if I like a car?

Using data from the Bureau of Labor Statistics and Payscale, Monster found 10 car jobs that can help you shift your career into high gear.Auto body technician. … Automotive engineer. … Auto sales manager. … Automotive instructor. … Car detailer. … Car rental agent. … Tire technician. … Tow truck driver.More items…

How can I make money if I love a car?

How to Make Money from Your Love of CarsBreathing Life into Old Parts. Sure, rod knock might get most people down but you this is an opportunity to make some money – especially if you are good with your hands or know people who are. … Down at the Car Wash. … Organize a Car Night. … Write About It. … Auctions.

Are Mechanics happy?

The career experts at Myplan.com surveyed its job-seekers and master auto mechanics scored #104 out of 300 jobs. Of mechanics surveyed, the majority said they were very happy.

What technicians make the most money?

Median salary: $52,160Computer Systems Administrator. … Computer Programmer. … Database Administrator. … Computer Systems Analyst. … Information Security Analyst. Median salary: $92,600. … Software Developer. Median salary: $102,280. … Computer Network Architect. Median salary: $101,210. … IT Manager. Median salary: $135,800.More items…•

How much do master mechanics make an hour?

How Much Does a Master Technician Earn In The United States? Master technicians in the United States make an average salary of $124,477 per year or $59.84 per hour. People on the lower end of that spectrum, the bottom 10% to be exact, make roughly $94,000 a year, while the top 10% makes $163,000.

How many hours do mechanics work per day?

While almost half of automotive service technicians work a standard 40-hour week, over 30 percent work more than 40 hours a week.

Can Mechanics make 100k?

Sales jobs can bring in six figures depending on commission (the industry average for sales is $43,000 a year, according to the Dealers Association), and technicians or painters can earn between $70,000 and $100,000 a year at a busy location.

What is the highest level mechanic?

Blue Seal of Excellence Takes the Guess Work Out of Finding ASE Certified Technicians. ASE’s highest recognition is the ‘Blue Seal of Excellence’ designation for auto repair centers and dealers that exhibit superior service and hire a staff that are at least 75% ASE Certified.

Are mechanics in demand?

Automotive mechanics and technicians like Michael Gerhart are in high demand as a blue-collar worker shortage is expected to continue this year.