The essential equipment for a car service station typically includes hydraulic lifts, tire changers, wheel balancers, diagnostic tools, and air compressors. Hydraulic lifts are fundamental for any service station as they allow mechanics to easily access the undercarriage of vehicles. Prices for these lifts can vary significantly depending on their capacity and features. Basic two-post lifts can range from $2,000 to $5,000, while more advanced four-post lifts can cost between $4,000 and $10,000.