www.CVOHARLEY.com

CVO Social => In The News => Topic started by: sadunbar on April 13, 2019, 07:11:16 PM

Title: Boardtracker Harley Davidson
Post by: sadunbar on April 13, 2019, 07:11:16 PM
Closed the doors as of 4:00 pm today...

I guess selling bikes and not sending money to the MOCO isn't a good business plan...

Title: Re: Boardtracker Harley Davidson
Post by: J.D. on April 13, 2019, 08:38:10 PM
Wow.  They were my go-to online parts source, back to the Kutter days.  Sure didn't last long post-Kutter.

https://www.gazettextra.com/news/business/owner-of-boardtracker-harley-being-sued-by-creditor/article_7a29ed2e-d874-5da7-afa3-a6a48e1ab626.html (https://www.gazettextra.com/news/business/owner-of-boardtracker-harley-being-sued-by-creditor/article_7a29ed2e-d874-5da7-afa3-a6a48e1ab626.html)
Title: Re: Boardtracker Harley Davidson
Post by: muddypaws on April 13, 2019, 09:03:13 PM
With Harley going broke they need all the cash due to them...
Title: Re: Boardtracker Harley Davidson
Post by: Para Bellum on April 17, 2019, 03:19:29 AM
With Harley going broke they need all the cash due to them...
Pretty hard to stay in business without dealers...even worse if dealers aren't paying for bikes.   :nixweiss:
Title: Re: Boardtracker Harley Davidson
Post by: FLSTFI Dave on April 17, 2019, 09:03:06 PM
Pretty hard to stay in business without dealers...even worse if dealers aren't paying for bikes.   :nixweiss:
Harder yet to stay in business with dealers that are not paying for the bikes they are selling.
Title: Re: Boardtracker Harley Davidson
Post by: Spiked Olive on May 06, 2019, 05:52:25 PM
This story reminds me of my offshore performance boating days. There was a guy on a famous offshore boating forums (go fast cigarette style) name Fred Cecil. A boat owner that was active and attended poker runs and APBA racing events. People got to know and like him.

Well he opened a business called Trick Marine. He became a distributor for every brand of part and accessory for these boats. He had low over head, but his prices were killer low. His business exploded overnight and everyone was buying from him because of the low prices and because they liked him. I spent about $3k with him on gauges, bezels and props really quick and had no issues.

About a year end all of a sudden he did not have as much inventory, deliveries were slow and people began to complain. Well guess what? Yeah he was not paying for his inventory and vendors finally caught up to what was happening and cut him off. I know a lot of people lost money in the end, both customers and vendors.

You can sell at any price if you don't pay for your inventory!