Dealer Complaint Question

[bennyboy]

Wasn't Mustang placed in recievership in October 2007?

As when dealing with any company do your research, a company that was placed in recievership less than 2 years ago selling items that are amongst the hardest hit in the current economic conditions.......

[Beeracudda]

No, very close...they were bailed out by a big South African Bank...

[PinHead]

I suppose whatever line of work your in Pinhead we should suggest never buy from that trade as one person had a bad dealing so therefore by definition the entire trade is crook??

Thats just a tad over the top with tarring all with the same brush don't you think?

As mentioned, some have great dealings with some dealers and others have woeful dealings. Some of the dealers I know of I can't understand how they are still in business as they are seriously crooked. But every industry has them.

This blokes dealt with from what I understand a large dealer of that brand of boat. 20:20 hindsight is a fantastic tool for kicking ourselves in the arse but he believed he did the right thing, in terms of decent size dealer, known brand dealer etc Just shows that sometimes no matter how hard you try you can't pick em and you wind up in an unfortunate situation.

cheers

here is another one..obviously trying to protect your business and who wouldn't..BUT...I do not deal in 2nd hand goods..a bit of a difference don't you think. My industry is very heavily regulated and just about need a license to blink so it is totally different to the 2nd hand boat market.

[BM]

No its not different. Tarring an industry with a giant brush due to dealings with 1 representative of that industry is the same regardless of the industry. Its the 'sweeping statement' that I am refering to, rather than the industry.But this industry is full of shysters thats for sure. Thats probably because it is an unregulated industry. Needs some formal regulation to bring it into line. The car trade got cleaned up and many shonks just entered the boat trade coz all the dodgy practices could still be gotten away with.But the industry is too small to matter unfortunately and as such time, effort and dollars spent on regulation would probably be seen by governement as a waste of time.Cheers

[PinHead]

cripes you blokes read a lot into something that is not written..I said "
A good lesson on this one...NEVER sell your boat through a dealer..sell it yourself...cheaper and easier"

where did I tar any industry with a giant brush...I made the comment that it can be easier and cheaper to sell a boat yourself...so should I have paid a broker over 15k to sell the boat or pay $120 to sell the boat privately????
Based on that I would never use a dealer/broker...I did not say anyone was shonky ..based on a cost perspective and control over the sale, you can control it better yourself.

[Lovey80]

Beeracuda, if I were you i'd walk in there and pad lock that boat untill all monies are paid.

Cheers

Chris

[akman1]

I'm just glad that you are finally able to get a bit closer to finalising your assets,will stay out of the legal stuff.Best of luck with the rest of it..........

[BOMBIE]

No its not different. Tarring an industry with a giant brush due to dealings with 1 representative of that industry is the same regardless of the industry. Its the 'sweeping statement' that I am refering to, rather than the industry.But this industry is full of shysters thats for sure. Thats probably because it is an unregulated industry. Needs some formal regulation to bring it into line. The car trade got cleaned up and many shonks just entered the boat trade coz all the dodgy practices could still be gotten away with.But the industry is too small to matter unfortunately and as such time, effort and dollars spent on regulation would probably be seen by governement as a waste of time.Cheers

Yep been there got done .The small boat industry DONT care and are not made to care due to lack of rules & legisation and they know it ,but if we keep putting in front of the polly's then one day things might change

[BM]

And I would love it BOMBIE. It would please me no end to see the crooks in my trade run out of town. I seriously wonder how some of these pr!cks can sleep at night......

cheers

[platinummarine]

Hi there, Sorry to hear of your problem. You can take it up with the office of fair trading or they may be a member of Marine Queensland which will also investigate.
The company has committed fraud and should payment not be forthcoming a call to the police would be recommended.


Dave

[cormorant]

Guess they didn't go as low as boat brokers. Wonder where real estate agents ranked?

Shame the industry organisations don't have a bigger stick and get some of the crappy blokes out and they aren't all in the little yards or small businesses. Misuse of trust funds - what are they going to do? Toothless Shame for the god blokes in the industry.

http://www.news.com.au/dailytelegrap...001028,00.html

[Beeracudda]

Hi Guy's Thanks for all the comments and advise.

Well it's all done, to Mustang marine's credit they paid me and my finance company all be it very late and in parts with us yelling and screaming.

I would watch this space! If you are that big it shouldn't take weeks to come up with that sort of money.

[mylestom]

Well some good news at last. Congratulations on your sustained effort to get what was rightfully yours.

Regards

Trev

[lee8sec]

+1, glad its all settled. Leigh

Well some good news at last. Congratulations on your sustained effort to get what was rightfully yours.

Regards

Trev

[AnthonyL]

Glad to hear you got it sorted out... I got ripped off by a local boatyard and they just opened up again under another name.

I will be very very careful with my new boat purchase and your situation is another thing to look out for.. thanks.