Quotation Vs Estimate, What is The Difference Between an Estimate and a Quotation?
The differences in an estimate and a quote are very similar with one important difference. An estimate is a rough guess on how much something will cost without taking it apart to look at it. They base a price on what they can see is wrong. For example, if you take your car for an estimate for brakes pads and they give you the price for the pads plus labor to install. But when they take the wheel off and see that your rotors are worn to the ground they revise the estimate because there needs to be more work done.
A quotation is exactly how much something is going to cost you. The brake pads are a perfect example. You want a price on what the job is going to cost you when all is said and done. Ask for the quotation in writing and make sure that they will honor the quotation too. If a company refuses to put a quotation in writing then don’t let them do the work that usually means they are a little bit shady. An honest company or contractor will always put a quotation in writing.
Some things you may want to request an estimate such as a car repair if you are going to court, courts usually take into consideration an estimate.
Quotations are great for any major him repairs and any major car repair that has resulted in normally wear and tear such as an alternator. It also depends on the person; some places are more comfortable giving estimates because they always feel like they will know more when they actually have seen the job. Always get it in writing.
