Equipment financing fits lathes, jacks, scan tools and an alignment machine. A credit line fits parts bought for fleet customers on 30-day terms. Floor, wiring and bay work on the building is outside this site.
At a glance
- Automotive repair and maintenance, Teton County, WY
25 employer establishments (CBP 2023, NAICS 8111)
- Of those, fewer than five employees
18, or 72.0% (CBP 2023)
- Same code with a ZIP 83001 location
19 employer establishments (ZBP 2023)
- Automotive repair and maintenance with no paid employees, Teton County, WY
15 (Nonemployer Statistics 2024)
A Brake Lathe, a Transmission Jack and a Scan Tool Priced as One Jackson, WY Shop Request
Illustration only, invented figures: an independent garage in Jackson, WY lines up three quotes in the same week: a brake lathe at $11,740, a transmission jack at $3,285 and a diagnostic scan tool at $6,915. Put on one equipment financing request, the three machines come to $21,940 and share a single payment date instead of three.
| Term | Each month | Sum of payments | Interest in that sum |
|---|---|---|---|
| 36 months | $717.77 | $25,839.72 | $3,899.72 |
| 48 months | $566.52 | $27,192.96 | $5,252.96 |
Stretching the invented package from 36 to 48 months takes $151.25 off each payment, and the interest grows by $1,353.24. A scan tool can be outdated well before a brake lathe wears out, which is one reason an owner might keep the term short or put the scan tool on a separate, shorter agreement. The term loan calculator takes any quote and rate in place of these.
Parts Bought on Account for Fleet Customers Who Pay Later: A Credit Line at a Teton County, WY Repair Shop
A garage that keeps contractor pickups, rental fleets or delivery vans running may bill those accounts monthly, while its parts supplier wants the statement settled by the 10th. The parts are bought and fitted weeks before the fleet customer pays for them.
In this invented case the Teton County, WY shop owes an $8,460 parts statement on the 10th, and its two fleet accounts pay 22 days later. Drawing the $8,460 on a business line of credit at 13.85% a year, simple interest, and clearing the draw when both fleet checks land costs $70.62 ($8,460 × 0.1385 × 22 ÷ 365). The line is then open again for next month’s statement.
A shop that is paid by card at the counter has less of this gap, since walk-in customers settle when they collect their cars. The gap comes from accounts billed after the work, so the size of the draw tracks those accounts, not the shop’s whole parts bill.
Tool Upgrades at a Jackson, WY Garage: Which Purchases a Loan Can Carry and Which Stay Monthly Bills
Tools differ in how long they keep their value, and that difference decides what a funding partner may be willing to put on a multi-year agreement. A rough sorting for a Jackson, WY garage:
- Machines with a serial number and a resale market (brake lathes, tire changers, wheel balancers, transmission jacks, an A/C recovery machine): suited to equipment financing, where the machine itself can secure the agreement.
- Diagnostic scan tool hardware: can be financed, though over a shorter term than the heavy machines, since newer vehicle models keep arriving.
- Software updates and diagnostic subscriptions: a monthly or yearly operating bill, paid from revenue or, for an annual renewal, from a short working capital loan or a line draw.
- Hand tools a technician owns personally: outside the shop’s request, since the shop does not own them.
Anything that changes the building, such as cutting the floor for an in-ground lift, adding a bay door or running new electrical service, is property work that this site does not arrange.
Adding Wheel Alignment as a New Service Line: An Invented Teton County, WY Budget
Illustration only, invented figures: a two-bay shop in Teton County, WY wants to stop sending alignments to another garage and prices a camera-based alignment system at $34,275, to be used on a lift it already owns. Financed for five years at 10.2%, the machine costs the shop $731.62 each month, or $43,897.20 by the last payment; $9,622.20 of that is the price of borrowing.
The owner’s budget question is how many alignments a month cover that payment. At an invented $129 charged per alignment, 6 jobs a month bring in more than $731.62 (our arithmetic: $731.62 ÷ $129, rounded up). That is revenue, not profit: a technician’s time, the shop’s rent and the parts on each car still come out of it.
The same worksheet helps a partner see the plan, and it tells the owner how many referrals the shop has to stop sending out before the machine pays its own way. Of the cases worked through on this page, this is the one built around new revenue rather than a cost the shop already has. A new service line on existing equipment differs from a building project, which stays outside this site.
Automotive Repair and Maintenance Shops in Teton County, WY and ZIP 83001, Counted
Small crews dominate the county’s employer repair shops. County Business Patterns placed 25 automotive repair and maintenance establishments (NAICS 8111) in Teton County, WY in 2023, and 18 of the 25, or 72.0%, had fewer than five employees. Across all 25, the March 2023 pay period counted 103 paid employees, and annual payroll came to about $6.42 million.
Looking only at the office ZIP, the 2023 ZIP Code Business Patterns located 19 establishments in that code at a ZIP 83001 address. ZIP figures follow street locations, so this count stands by itself rather than as a slice of the county number.
A separate program, Nonemployer Statistics, recorded 15 automotive repair and maintenance businesses with no paid employees in Teton County, WY for 2024, with receipts of about $1.49 million. Shops of every size on these lists can request funding; the industries page groups repair shops with other workshop trades, and the Jackson, WY page sets the county against ZIP 83001 overall.
By Heathfield Commercial Capital · Updated
