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Author Topic: Another camper manufacturer in administration  (Read 4684 times)

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Offline tryagain

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Another camper manufacturer in administration
« 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

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.
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Offline Bird

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Re: Another camper manufacturer in administration
« Reply #1 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
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Offline tryagain

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Re: Another camper manufacturer in administration
« Reply #2 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.
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Offline Bird

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Re: Another camper manufacturer in administration
« Reply #3 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
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Offline McGirr

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Re: Another camper manufacturer in administration
« Reply #4 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
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Offline Bird

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Re: Another camper manufacturer in administration
« Reply #5 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...
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Offline McGirr

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Re: Another camper manufacturer in administration
« Reply #6 on: January 20, 2018, 09:51:46 AM »
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Offline Julian Kaye

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Re: Another camper manufacturer in administration
« Reply #7 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.
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Offline Bird

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Re: Another camper manufacturer in administration
« Reply #8 on: January 20, 2018, 02:32:34 PM »
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