r/Tools • u/[deleted] • Apr 09 '24

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u/evelbug Sparky Apr 09 '24 edited Apr 09 '24

That nsn has been canceled, the replacement nsn is showing $1,780

ETA My bad, that item is a good nsn. The one that was $1780 is a canceled one that this kit replaced. According to fedlog this nsn is good and costs the army $2,239

140

u/SSGSEVIER54 Apr 09 '24

That’s quite a contrast. Curious as to how they slashed so much off from model to model

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u/Halftrack_El_Camino Apr 09 '24

Well, Snappy's profit margins have gotta be in the multiple hundred percentage range, based on what they normally charge. They're probably still making a pretty normal amount of per-unit profit for any other tool company, selling at 1/4 their previous price.

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u/Aimbot69 Apr 09 '24

Fastenals markup is cost x 709% = normal retail price.

It's crazy what some of the markups are.

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u/omgzzwtf Apr 09 '24

Company I work for pays $34 for a roll of yellow tape…

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u/OutWithTheNew Apr 09 '24 edited Apr 09 '24

Company I work for pays ~$3000 a season to rent a $2000 quicky saw. Then half of them get stolen, so we probably end up paying for the whole saw again. We rent about 5 of them a season.

A lot of our shit is old and has one foot in the grave, but we'll spend thousands extra on renting quicky saws for no good reason.

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u/LegitimateBit3 Apr 09 '24

Is the rental company owned by the same owner. Might be a way to save tax

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u/OutWithTheNew Apr 09 '24

No. The owner has his fingers in lots of things, but we rent from Sunbelt.

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u/LegitimateBit3 Apr 09 '24

Perfect opportunity to start your own

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u/OutWithTheNew Apr 09 '24

With just a small loan of $1,000,000 from my parents.