Re: Boat Repair Costs - Fair?
Sounds like you guys just completed a "fair" transaction. He didn't "over-charge" and you didn't "over-pay".
Of course it's always cheaper to do things by ourselves, but this particular person is a professional, which clearly defines as someone that gets paid for performing a job/duty. I bet if you or I went to change the impeller, it would be more than a "2 hour job". More than likely, (since neither of us have done it), it would turn into a 6-8 hour job, complete with beers breaks, cussing, head (and other parts) scratching, belly aching, and even good conversation. In the end, as long as we didn't break anything, we would stand back, marvel at what we had just done, and both secretly wondered "if we did it right", worry the whole time we took it out on the water. You did fine.
As for the "shop supplies", margins on parts markups have diminished thanks to Ebay, CL, etc. so there has to be additional monies come from somewhere. The cost of operating a professional marine mechanic shop I'm sure would be considered astronomical to us, when you factored in Insurance, Taxes, Business Licenses, Professional Memberships/Certifications, Employees/Bookkeeping, etc. etc. etc. I never worry about the middle of the bill, just the bottom.