I would hate to see BT go...it's probably the only thing that keeps Surdyke from raising prices.

__________________________________________________ ____
For ROCKOUT information & purchasing please click HERE For all Twin Cams and Evo Big Twins & Sportsters

 

This is the kiss of death for any car/bike dealership.

Even if they can hold on, HD will not give them the Certificates of Origin for any new bikes, any retail bike on the floor will have to have the payment made to the MoCo which will then deliver the title paperwork. HD will be putting their own people in there to watch the inventory as part of any agreement. When HD insists on being paid first, before the employees, etc, the money is going to run out soon

Then there is the issue of the line of credit for the parts department. If HD puts them on C.O.D. they are toast as they are not going to get credit anywhere else with reasonable terms.

If they go the stupid route, and go to a vulture for financing, they will be dead in a couple of months

 

Yeah but their prices are so low that even with shipping they beat everyone else. And you get your stuff way faster.

 

Everything I've checked BT's prices on recently has been higher than Surdyke and New Castle.

 

I have been ordering from Boardtracker a long time. Recently I've noticed a difference in pricing and shipping times. Then I read this https://www.biztimes.com/2019/indust...e-dealerships/
I have to question the long term survivability of Boardtracker. It appears the parent corporation is out of money.
Bill

 

That's not true in every case. I compared prices on my last order. Surdyke was $252.93 including $15.23 shipping and New Castle was $273.61 including $23.58 shipping. I have other orders where Surdyke beat them every time. Every order shipped within 5-7 business days.

 

Yeah, already linked in post #52.

 

Why would they even consider something like that at this point if they already said they are going to sell the New Berlin location?

 

Ok I got the same and thought it was me

 

They may not be able to save Boardtracker with that much debt over their heads.

Once HD disrupts the credit line, they are toast.

Even if they go to alt financing, there is no way they come up with that much cash in this economy... bike sales are down.

Plus HD was making them pay off 2 bikes in order to get one new one.... so their inventory was going to reduced 50%.

If the owners had any brains, they would get out while they could, I'm sure any credit lines they have required a PG by a principal, if the business goes funbags up because HD pulls the plug, their houses and anything else of value can be taken to satisfy the debt. It does not matter that the dealerships are held by 2 different corporate entities, banks want a PG ( personal guarantee) to prevent losses, plus it gives the owners an incentive not to walk away.