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Average hours involved.

Avrage J0

Newbie
Joined
Sep 16, 2021
Messages
8
I have been doing a EFI 5.0 conversion on a 70 Bronco. Used NV4500 transmission crate engine. Ron Francis harness. Keeping it simple. My question is how many hours would be fair to charge for a job like that. He is a good friend and I would like to keep it that way. He payed for all parts I just did the labor. I know there is not exact figure just looking for some input that may help. Thank you in advance. If this is on the wrong place I am sorry.
 

904Bronco

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Sep 28, 2004
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San Martin, CA
Maybe this helps...
I have a local Buddy that asked me for a few years to rewire his Bronco. It was a wiring nightmare. (See Pic's) I kept saying No. Then Covid hit and well after doing all those tasks being stuck at home that everyone did, I softened to the idea. I worked on it almost everyday for 4 weeks. I had most of the supplies I needed, so not too many trips to NAPA, Hardware store, with just a few online orders that he handled and shipped to me. AAW harness with a new EFI harness from WH's. He had an on-board welder, shower, ARB Fridge, dual batteries, full set of aux gauges, multiple Aux lights, Boom-boom stereo, you get the picture. With my parts and conservative $60 an hr price, we were pushing about $4,500. He came by once a week to check on my progress and ask if there was anything I needed ordered. I went back and forth on the price, the fact that it gave me something to do, and that he was a good buddy. I charged him $1000 and said we were good. We both walked away happy. I am not running a business, no overhead, I am retired, I had the time, and he was an Electrician that wired my shop. So lots of variables to consider. And I have done a few EFI conversions, I know how long it takes to do it right.
 

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spap

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If he is a friend ask him, what do you think is fair. So there isn’t any surprizes
‘that’s always a tough one
 

Glass Pony

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Bronco Guru
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Feb 13, 2012
Messages
1,817
Loc.
Sussex County Delaware
After all the work I did on my Bronco I found a statement made on here by another member rings true.
"Take the cost and time that you think it would take and multiply it x3." That kept expectations in check for me.
 
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helo-mech

Sr. Member
Joined
Jun 22, 2007
Messages
619
After all the work I did on my Bronco I found a statement made on here by another member rings true.
"Take the cost and time that you think it would take and multiply it x3." That kept expectations in check for me.
I’m betting you meant ‘ .3 ‘ (point three) correct? Kinda in the same boat with a friend and some attempts to salvage the original paint.

Never thought about it but a 1/3 is actually a pretty good number. Going less than half for a friend of what a shop cost seems right for both parties.

So in the case above, a $4,500 estimate, you figure ~ $1,300. That’s right at what 904 charged (as admitted, a little conservative on his hourly rate, but his to set) for the wiring project.

Two opinions coming that close together seems to make it a really sound suggestion.
 
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EPB72

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Jul 13, 2019
Messages
801
Loc.
Pleasant Hill, CA
I’m betting you meant ‘ .3 ‘ (point three) correct? Kinda in the same boat with a friend and some attempts to salvage the original paint.

Never thought about it but a 1/3 is actually a pretty good number. Going less than half for a friend of what a shop cost seems right for both parties.

So in the case above, a $4,500 estimate, you figure ~ $1,300. That’s right at what 904 charged (as admitted, a little conservative on his hourly rate, but his to set) for the wiring project.

Two opinions coming that close together seems to make it a really sound suggestion.
So I,m going to take Doug,s 904bronco, scenario to a 7 Bay 4 tech shop "where I work" . in the SF bay area about 75 miles north of where doug is,,,

4500 divide 60 = 75 hours , Our current shop rate 180Hr, 75x180=$13.500 ..I think Doug's friend got a screaming deal..
 

904Bronco

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Sep 28, 2004
Messages
5,749
Loc.
San Martin, CA
So I,m going to take Doug,s 904bronco, scenario to a 7 Bay 4 tech shop "where I work" . in the SF bay area about 75 miles north of where doug is,,,

4500 divide 60 = 75 hours , Our current shop rate 180Hr, 75x180=$13.500 ..I think Doug's friend got a screaming deal..

And he knows it... ;). Now he has a very reliable rig that he is not afraid to drive anywhere. And if I wanted to have a second career doing rewires, I have a friend that will proudly show off his rig and give a ringing endorsement.

So when he wired my shop for me, I know that I got a screaming deal as well. His cost on parts, good buddy labor rate, etc. Remember, what Goes around comes around...
 
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