Question: Can A Mechanic Make Six Figures?

What is the hourly rate for a motor mechanic?

As a rule of thumb, expect up to $275/$280 per hour for a prestige brand, while a mainstream brand is likely to charge around $150 per hour or sometimes less..

Are mechanics paid hourly?

In California, unlike most states, anyone who provides their own tools for work is also entitled to double minimum wage, $9 an hour in the state. Since most mechanics do provide their own tools, they are supposed to earn at least $18 an hour.

What is the highest paying job in the automotive industry?

automotive technicianOne of the highest paying is that of an automotive technician. An automotive career’s salary can be fairly high depending on what you do, and automotive technicians get paid reasonably well. The U.S. Bureau of Labor Statistics reports that the median pay for an automotive technician is $40,710 annually.

Is there money in the automotive industry?

The global auto industry is, to be blunt, huge. It generates trillions in annual revenue and keeps millions employed. The pay can also be pretty good. A unionized hourly worker at vehicle assembly plant in the US can bring home in the mid-five figures every year, and with seniority and overtime, get close to $100,000.

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 is satisfying about working on vehicles? These results may run counter to how you feel about your current job.

Is $40 an hour good?

Originally Answered: Is $40 an hour alot for a 50hr/week job? It is a lot for most good jobs. … It is a lot for most good jobs. But only if it includes very good benefits as well, especially, a retirement plan and health care insurance.

How much does a master mechanic?

National AverageAnnual SalaryHourly WageTop Earners$76,500$3775th Percentile$62,500$30Average$54,990$2625th Percentile$42,000$20

How much can car mechanics make?

Mechanic Salaries / Wages in 2018Job TitleSalary / Wage $LocationHeavy Diesel Mechanic$34 – $38 per hourSydney, New South WalesWorkshop / Field Service Mechanic ( Plant)$36 – $40 per hourMelbourne, VictoriaExperienced Automotive Technician60,000 – 90,000Melbourne, VictoriaDiesel Mechanic$35 – $40 per hourCanberra, ACT7 more rows

Can a mechanic 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.

How much to diesel mechanics make a year?

The Bureau of Labor Statistics reports the median annual heavy duty diesel mechanic salary is $47,350, and that the median hourly pay is $19.93 per hour. However, those numbers are simply the middle of the pay scale. Some heavy duty techs make as much as $72,000 to $93,000 per year.

How stressful is being a mechanic?

Yes it is extreamly stressful because they pay you by the job and if you do not rush all the time you do not make any money. They do not want to send you to training. You have to buy all your own tools. There are always angry mechanics who try to start fights with the other mechanics.

What should I study if I like cars?

Study computer science and you can work either on infotainment systems or on any one of the computer systems involved in various modern cars. Study any engineering discipline and you can be involved in many aspects of the development and manufacturing of cars.

Is the automotive industry a good career?

#1: Good Career Outlook The good news for those entering the automotive industry, career outlook is promising, particularly for automotive service technicians and mechanics – the Bureau of Labor Statistics predicts six percent growth from 2016 to 2026.

How much does a beginner mechanic make?

The average hourly wage for an Entry Level Mechanic in the United States is $20 as of February 26, 2021, but the salary range typically falls between $17 and $23.

Can you make good money as a mechanic?

Auto Mechanics made a median salary of $42,090 in 2019. The best-paid 25 percent made $56,140 that year, while the lowest-paid 25 percent made $31,250.

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.

Why being a mechanic is bad?

Many mechanics are around heavy equipment. They have to constantly lift items which can have a strain on their back over time. Also, they may spend long amounts of time bent over or lying on their back. They must use various tools that put them in awkward positions.

What is a good hourly rate for a mechanic?

Auto repair labor rates vary widely across the country, and even within the same city. As of January 17, 2017, auto repair shops in the AAA Approved Auto Repair network charged between $47 and $215 per hour, based primarily on the shop’s cost of doing business.

What are the highest paid mechanics?

The Top 10 Highest Paying Careers for Mechanics#1 Aircraft Mechanic. Job Description. … #2 Industrial Machinery Mechanic. Job Description. … #3 Mobile Heavy Equipment Mechanic. Job Description. … #4 Heating, Air Conditioning and Refrigeration Mechanic. Job Description. … #5 Diesel Mechanic. Job Description. … #6 Electrical Mechanic. … #7 Radio Mechanic. … #8 Automotive Mechanic.More items…

Is owning a auto repair shop profitable?

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. … Many shops also have flat rates for certain routine services, like tune-ups and oil changes.

How much do ASE certified mechanics make?

National AverageAnnual SalaryHourly WageTop Earners$71,000$3475th Percentile$58,000$28Average$50,760$2425th Percentile$41,500$20