Why do mechanics make so little?
The reason for the flat rate is so a shop can give an accurate estimate to customers.
A customer needs to know how much it will cost to fix the vehicle before the work is done..
What is the highest paid mechanic?
The highest-paying specialty in mechanical maintenance is the repair of aircraft. On average, aircraft mechanics earned $55,690 per year in 2012, according to the BLS.
Can a mechanic make six 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 auto techs make good money?
Bureau of Labor Statistics figures indicate that automotive technicians earned an average annual salary of $38,560 and an average hourly wage of $18.54 as of May 2011. … The 10 percent of automotive techs who earned the lowest made $20,620 or less per year, and the top 10 percent of earners made $59,600 or more per year.
How much do techs make a year?
Computer or repair technicians earn an average of $26.57 per hour, monthly salary start from $2,529 and go up to $7,169. The average annual salary is $55,260 and can go up to $86,034 per year.
Can a mechanic be rich?
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.