Quick Answer: Do Oil Change Places Make Money?

Is it cheaper to bring your own oil for an oil change?

The truth is most garages and dealerships will allow you to bring your own oil if you simply ask.

They will even charge you less for the oil change because they typically remove the cost of the bulk oil they would normally be putting in your car from the bill..

How much does it cost to start a oil change business?

Startup Cost SummaryTypical RangeFranchise Fee* (2)$50,000Pre-Opening (3)$30,000 – $37,000Opening Advertising (4)$10,000Working Capital (5)$40,000 – $100,0009 more rows

Is it OK to change oil every 10000 miles?

Many automakers have oil-change intervals at 7,500 or even 10,000 miles and 6 or 12 months for time. … Even if you drive fewer miles each year than your automaker suggests changing the oil (say, 6,000 miles, with suggested oil-change intervals at 7,500 miles), you should still be getting that oil changed twice a year.

How long does an oil change take?

about 30-45 minutesTypically, an oil change takes about 30-45 minutes. The process includes draining out the existing oil and changing the oil filter, then placing new oil into the engine.

Who has the best price for an oil change?

Walmart offers the cheapest oil change at just $19.88. Compared to a price tag around $40.00 at Jiffy Lube, Walmart lives up to the low-price hype when it comes to oil changes. You don’t need any coupons to get the $19.88 price, but realize that this low price is for conventional oil, not synthetic.

What is the most profitable franchise to own?

Most Profitable FranchisesDunkin’7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items…•

How profitable is the oil change business?

How much profit can an Oil Change Business make? With many oil franchises bringing in nearly $250,000 a year, as the owner, it is possible to see a net profit of $75,000 to $80,000 a year.

Is an oil change really necessary?

The quick-lube chains usually recommend it be done every three months or 3,000 miles, but many mechanics would tell you that such frequent changes are overkill. Indeed, most car owner’s manuals recommend changing out the oil less frequently, usually after 5,000 or 7,500 miles.

How much is a Jiffy Lube franchise?

Initial Franchise Fee: $17,500 to $35,000 The initial franchise fee for an operating service center that is being “converted” into a Jiffy Lube service center is $17,500, all of which is paid when the Franchise Agreement is signed.

Who is the CEO of Jiffy Lube?

Steve LedbetterSteve Ledbetter the CEO of Jiffy Lube received an average score of 72 from Jiffy Lube employees.

Is it OK to change oil once a year?

For those who drive only 6,000 miles or less per year, Calkins said manufacturers typically recommend changing the oil once a year. Moisture and other contaminants can build up in the oil, especially with frequent cold starts and short trips, so owners shouldn’t let it go more than a year.

Does oil go bad if you don’t drive?

Oil degrades over time. … Oil that degrades too much can cause engine sludge that can block oil flow entirely. Even if you don’t drive very often and you’re not hitting the recommended mileage interval, it’s best to get your oil changed twice a year.

How much do oil change franchises make?

The profitability of individual oil change franchises depends upon marketing and location factors. According to Hoover’s Business Research Information, oil change businesses can earn an average of $600,000 in annual revenue. A typical oil change franchise location can expect to perform about 1,200 jobs per month.

Can I bring my own oil to Walmart?

In regards to the OP’s question: normally Walmart offers Pennzoil w/OCOD as their “house brand”. They do offer a oil change service where they charge you a flat fee and you bring your own oil and filter. To really put it to them, bring a competitors coupon and they will match it.

Is Oil Change at Walmart good?

Walmart was ranked as the cheapest company to provide a good oil change, but the exact cost depends on the vehicle’s make, model, and year and the type of oil. In general, expect to pay about $20 for a conventional oil change, and up to $75 for a synthetic oil change.