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General => General Discussion => Topic started by: tryagain on January 19, 2018, 05:57:30 PM

Title: Another camper manufacturer in administration
Post by: tryagain on January 19, 2018, 05:57:30 PM

http://mobile.abc.net.au/news/2018-01-19/gidget-retro-teardrop-camper-owes-millions-staff-and-customers/9339692 (http://mobile.abc.net.au/news/2018-01-19/gidget-retro-teardrop-camper-owes-millions-staff-and-customers/9339692)

Not your typical "can't compete with the imports" story though, the prices and deposits mentioned make you think that it should be able to be profitable.

Title: Re: Another camper manufacturer in administration
Post by: Bird on January 19, 2018, 05:58:45 PM

think its mentioned in the news thread..
but anyone who was payin 50,000 for those tiny things .... drugs are bad

Title: Re: Another camper manufacturer in administration
Post by: tryagain on January 19, 2018, 06:19:22 PM

Quote from: Bird on January 19, 2018, 05:58:45 PM

think its mentioned in the news thread..
but anyone who was payin 50,000 for those tiny things .... drugs are bad

Did have a quick look but couldn't see it elsewhere, but 50k and by the looks of things, about 20k deposits, it sounds like a recipe for a successful business given the comparitavely minimal camper materials required.

Title: Re: Another camper manufacturer in administration
Post by: Bird on January 20, 2018, 08:24:39 AM

Quote from: tryagain on January 19, 2018, 06:19:22 PM

Did have a quick look but couldn't see it elsewhere, but 50k and by the looks of things, about 20k deposits, it sounds like a recipe for a successful business given the comparitavely minimal camper materials required.

rant thread.

but yea sounds like that Qld company that went toes up years back - exact same with asking for huge deposits and just disappering

Title: Re: Another camper manufacturer in administration
Post by: McGirr on January 20, 2018, 08:42:42 AM

Some people paid the full amount up front. They were in finacial trouble back in 2016 but kept going.

Mark

Title: Re: Another camper manufacturer in administration
Post by: Bird on January 20, 2018, 08:47:03 AM

Quote from: McGirr

Some people paid the full amount up front. They were in finacial trouble back in 2016 but kept going.
sounds like
Mark

thats devastating for some poor bastards, but like the Qld one sounds like lots of alarm bells were ringing...

Title: Re: Another camper manufacturer in administration
Post by: McGirr on January 20, 2018, 09:51:46 AM

http://mobile.abc.net.au/news/2018-01-19/gidget-retro-teardrop-camper-owes-millions-staff-and-customers/9339692?pfmredir=sm (http://mobile.abc.net.au/news/2018-01-19/gidget-retro-teardrop-camper-owes-millions-staff-and-customers/9339692?pfmredir=sm)

Why would you wait 18 months for one.

Mark

Title: Re: Another camper manufacturer in administration
Post by: Julian Kaye on January 20, 2018, 01:07:37 PM

  This should serve as a lesson to all people when it comes to purchasing anything of substantial value. A deposit is no more than confirming an intention to purchase. My policy is 10% deposit is fair enough, 20% is OK but the limit, anything over this and I walk away. I don't mind a fair deposit  as a commitment to purchase but I'm not there to provide operating capital to a business.

Title: Re: Another camper manufacturer in administration
Post by: Bird on January 20, 2018, 02:32:34 PM

Quote from: McGirr on January 20, 2018, 09:51:46 AM

http://mobile.abc.net.au/news/2018-01-19/gidget-retro-teardrop-camper-owes-millions-staff-and-customers/9339692?pfmredir=sm (http://mobile.abc.net.au/news/2018-01-19/gidget-retro-teardrop-camper-owes-millions-staff-and-customers/9339692?pfmredir=sm)

Why would you wait 18 months for one.

Mark

thats one of the alarm bells... and the asking for more deposits...