mallarde

Harley Davidson Financing Leading the Pack

But doesn't HOG lose on the lost financing contract with the original buyer? So they sell for 28% over what they sell to the dealer, but they lose their loan and they have to pay all costs involved in foreclosing on a loan.

I doubt HOG would call this a profit center. In the real estate context, they avoid foreclosures in part because of their expense.


On Aug 11 01:37 PM FUJIMO wrote:

> HDDEALER.
> How many days accumulate before a dealer starts paying on there floor
> plan and is the plan flexible?.
> If you would how doe's the Euro market affect your market ?
> I find this interesting. It was stated by HD that the reason they
> bought MV Agusta was to penetrate the Euro market because the average
> buyer is much younger and sport bike oriented .I'm assuming that
> there cruiser market is close to being saturated,
> If the repo bikes are bringing such a high dollar then the dealer
> should be able to undercut on a zero mile new bike,correct?
> I'am assumming that a repo auction is the same in every state where
> as the unit has to be on hold and notice to the public for sale X
> amount of days before public auction and at time of sale a sizeable
> non refundable deposit is required. If a buyer has good credit plus
> the cash for deposit then why would you buy a used bike at 128%over
> book.
> Please bring us up to date with a good reply. Thanks and good luck.

>
>
> On Aug 11 11:12 AM HDDEALER wrote:
>
> > I am a dealer for HD and they are making a killing on their repos

>
> > sold at auction. All repos are selling for 128% of retail book
> value.
> > They are enjoying this favorable position because of the vibrant

>
> > market in Europe and their domestic dealers are suffering, because

>
> > they are priced out of this market for used product. Where on the