Recoveries and pricing in General Discussion Forum

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Recoveries and pricing

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ibflat2	Recoveries and pricing		Lead	[-]
Posts: 1382 07/27/09 17:07:39 Featured Member August 2004 WreckMaster #92190 I.T.R.H.F.M. Friend of Museum	Tags : None I have been in this business for 30 years now and I have seen a lot of different things.. Sure I am involved in promoting Price Per Pound billing and how to use it correctly... But I have seen recoveries done on different forums and even have been sent some bills in the past which are truely out there price wise. We can look at the Texas issues where the rate sheets are posted and have to cover all the things that you can possibly run into. Look at some of the information from the Beaumont Texas police issue where 14 of the 16 companies are getting suspended for over charging... One companies rate sheets list "tractor trailer wrecks, $5,000 to $150,000 dollars Now I ask you all, what do you consider a "decent and non rip off" charge for recoveries. Hourly rates which I have heard of and seen tend to get bills up there in places where companies tend to "roll everything" in order to get the bill up in price.. Is $40,000 for a roll over a fair price for a job in Florida, Georgia, California, Hawaii, or where??? Is $10,000 a fair price in New Jersey, New York, Nevada, Massachussetts or Kansas ??? Is there a happy and practical point where the rates are fair and profitable, but not excessive... I know that every place has a different cost of doing business and that has to play into the factor. But some "super companies" from other forums tend to "DOMINATE and OVERCOME" the recovery and have the bills priced to reflect that. What are your thoughts on this subject ? "To be honest, I'm more worried about what the government can do to me than what they can do for me."
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ibflat2		#1	[url]	[-]
Posts: 1382 07/28/09 06:47:03 Featured Member August 2004 WreckMaster #92190 I.T.R.H.F.M. Friend of Museum	For information I am posting the link about the Beaumont Texas companies, and the rate sheets which are posted for doing tows there. That way you can see what I am talking about with the rates and such being high and the possibilities of $40,000 or more recovery bills. http://bmt.beaumontenterprise.com/Editorial/content/pdf-files/TowingRates.pdf "To be honest, I'm more worried about what the government can do to me than what they can do for me."
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general tow		#2	[url]	[-]
Posts: 146 07/28/09 17:17:21	Unbeliveable! That would get me run out of the state on a rail after being tarred and feathered. Steve
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ibflat2		#3	[url]	[-]
Posts: 1382 08/06/09 09:29:36 Featured Member August 2004 WreckMaster #92190 I.T.R.H.F.M. Friend of Museum	Rates everywhere are always different, as I have seen posts and comments on rates for heavy duty recoveries in Oklahoma being regulated at $180.per hour !!!! YES that is what it is... New Mexico is supposed to be regulated and I lost my rate sheet for there... Louisana is also regulated but I think its like $ 250 or so per hour... I thought that Massachussetts was regulated also, along with Connecuticut and New York, or was that just on the turnpikes. Its tough to keep up on rates for different areas, and I would love to have a book to reference during my seminars on PPP which has the regulated rates in it. That way we can all discuss the issue and see if things are better, or worse in different locations.. SO if anyone wants to send me the regulated rates (or a link to them) that would be great as I will use it for a great comparison tool. "To be honest, I'm more worried about what the government can do to me than what they can do for me."
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fuddrucker		#4	[url]	[-]
Posts: 7 11/12/09 08:59:31	why worry about what the rates are elsewhere. Its not like you are going to charge the inflated rates charged elsewhere. Come on people you have charge what your market will allow. That is how you stay in business.
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general tow		#5	[url]	[-]
Posts: 146 11/18/09 12:47:38	You better worry about what rates are elsewhere and how they arrive at those rates. For example if in my state of Ark they start looking at setting rates. Do you not think that they will look at the border state of OK and their rate of $180.00 per hr and possibly use this as a guideline on what they do. People better be educated as to what goes on all over the country and be prepared to either defend or justify what they do in their own areas. I think that a base system for figuring a bill could be universally accepted with different variables inserted for different parts of the country. Just some of my thoughts, but I do feel that closing your eyes to what is happening in other places will never benifit this industry as a whole. Steve
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fuddrucker		#6	[url]	[-]
Posts: 7 11/19/09 11:51:56	but if they are going to set rates based on charges in other states and such then is that not an antitrust issue. Or is the government expmept from those regulations. I am not closing my eyes, but look at gas prices across the country, its the same brand, the same product but different prices for it. I know that taxes are what are included and 180 an hour.. Thats good for light duty calls....
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ibflat2		#7	[url]	[-]
Posts: 1382 11/19/09 18:19:32 Featured Member August 2004 WreckMaster #92190 I.T.R.H.F.M. Friend of Museum	but when the government sets rates, they are now setting it on "safety" or on regulated rated due to state agency control such as Public Utility offices. And yes even though towing is a private business which is service oriented then that is how the PUC offices get to regulate rates. Not that we agree with that idea, as any state regulated rate tends to be set and then forgot about until it becomes unmanageable or priced way out of reason due to inflation. That is the case with the Oklahoma tow rates.. And that $180 is for Heavy Duty towing and recovery. I understand that they are trying to get it increased, but even if they do, I bet it is still way below profit levels verses expenses and cost adjustments for inflation. "To be honest, I'm more worried about what the government can do to me than what they can do for me."
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