 
Reaction to New NAGS Pricing Mixed
June 21, 2013
by Jenna Reed, jreed@glass.com
The new Spring 2013 National Auto Glass Specifications (NAGS) International
Benchmark Calculator has now been on the market for about a month
and reaction from auto glass retailers is mixed.
On one hand, Linda Rollinson of Superior Auto Glass of Tampa Bay,
says the recent
drop in pricing on some windshields is cutting into her profit
margins. Meanwhile, the president of Glass Doctor says it's always
a good thing when auto glass companies can save consumers a few
dollars.
"I am not thrilled with the NAGS changes," says Rollinson.
"Our economy has not improved to the point where prices should
or could be dropping. One of my most popular windshields, FW03239GBN
was listed for $819.35 in August 20011. In March 2012, the list
was $691. In August 2012 it was down to $593.45. And in November
2012, it went down to $534.90. In February 2013, it dropped again
to $529.75. And in June 2013, it saw another drop to $529.75.
"In the meantime, my purchasing of this part has not dropped
in half. Another one, FW03371GBN, has become disappointing for me
and has drastically reduced my profits. I guess I wouldn't mind
so much if the cost went down also, but in most cases, the cost
stays the same or only gets a dollar or two shaved off," she
continues.
"This means there are not nearly the profit margins we used
to see. The kicker is that our insurance, taxes and general operating
costs keep increasing, while NAGS and the insurance companies keep
going lower and lower. One can barely survive on auto glass repair
and replacement along anymore," Rollinson adds.
Mark Liston, president of Glass Doctor, takes a more positive tone.
"It is always positive when we can save a few dollars for
the consumer. I hope, however, that companies continue to focus
on AGSC certification for their technicians instead of worrying
if NAGS saves a dollar here or there," he says.
"We continue to need more professionalism in our industry
by providing the safety that a quality installation offers,"
he adds.
Bob Beranek of Auto Glass Consultants in Sun Prairie, Wis., says
auto glass pricing is based mostly on popularity and inventory.
"I think that the shift in pricing was due to a miscalculation
of inventory the year before," he explains. "I think that
the manufacturers had more inventory than they wanted and lowered
the price to increase turnover and lower inventory for the new model
year coming up.
"It seems to me that the only parts that are consistently
going down in price are the parts that fit older vehicles. This
is a common business practice to reduce the inventory of continually
slower moving parts," Beranek adds.
Kerry Soat of Fas-Break in Chandler, Ariz., says his opinion on
the new NAGS Calculator is "whatever."
"No one knows how they arrive at their pricing since the formula
is a secret, but the biggest issue the glass warehouses are not
using the NAGS Calculator in their pricing. They arrive at their
own list prices and their own discounted pricing to sell us glass.
We, in turn, use another list price to re-sell the glass to the
insurance industry. We hopefully make a profit," Soat says.
"As installers, we do the best we can with what we have to
work with," he adds.
How do you feel about the new NAGS pricing? Please share your thoughts
by emailing jreed@glass.com.
You can also share your feedback by visiting the AGRR/glassBYTEs.com
forum here.
This story is an original story by AGRR™ magazine/glassBYTEs.com™. Subscribe to AGRR™ Magazine.
Subscribe to receive the free e-newsletter. |