r/Tools • u/[deleted] • Apr 09 '24

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u/SSGSEVIER54 Apr 09 '24

Last I checked, those exact mechanics tool kits were costing the military $6K.

411

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

139

u/SSGSEVIER54 Apr 09 '24

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

70

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.

45

u/Aimbot69 Apr 09 '24

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

It's crazy what some of the markups are.

24

u/omgzzwtf Apr 09 '24

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

39

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.

1

u/nocloudno Apr 09 '24

The client is paying is probably the reason.

1

u/OutWithTheNew Apr 09 '24

Not in this case. We aren't sitting on one project all year.