BDM Update
- Thread starter K9Anniv
- Start date
Don59
New Member
I know of a few bikes they did get back to sell for a finace company of a belly up dealer as that iswhat my bike was in .... but No way even close to the numbers that is on here.... just love how numbers can be thrown around with no real backin behind them.... Sounds like a ex wife in a settlement hearing !! 50 million thats 600 bikes to come back get real !
TCALZ06
Well-Known Member
I posted I heard they bought back around 17 million not 50. do you have any idea how many dealers they had go under?????
Most of the dealers I've been to had around 25 bikes in inventory
There are new AIH bikes popping up all over the place for sale from as far back as 2005 models. BDM sold way more than they did
I also said it was a WAG(wild ass guess they would need 35mill) you have to look at what was lost and what it will take to get it back.
I hear at the high point they were making 450 bikes per month. What BDM lost in 1-2 years took 10 years to build. Anyone who thinks this can be rebuilt for a few million is mistaken
I also hear harley has about 120 dealers in serious trouble
I have a motorcycle magazine that says sales in the US for motorcycles dropped 41% in 2009.
This shit is bad
gixxbynite
Member
i was told by the investment firm they hired that they were looking for 5-10 million in capitol from multiple sources or one source. this was back in December when the news first went public about the firm being hired to try and help the company. of course i am sure its more now, or maybe the number they gave me was not accurate. in any case. the purpose of this capitol was to fund expansion into foreign markets and to fund current growth in the product line. the problem was and still is. there is no way to see when there will be.... if ever there will be??? a return on the investment. so its like please invest "xxxx. xx" amount of dollars into my business because we love motorcycles and want the company to succeed. but i dont know if you will ever get that money back or if your investment will make difference other than keeping our doors open another year?? there was just too much doubt due to the CHOPPER TREND BOOM not really being much of a trend anymore. and investors for the most part realized that. its the passion and love we have for the bikes and the american business that makes us try and consider investing in the company or trying to help. however there comes a time when you have to be realistic and tell yourself the truth. right now its just a slow burn, but there is just not enough sales to keep up with a business that size. too much overhead, inventory, expenses etc.. all that with not enough DEALERSHIPS TO SALE PRODUCT(MOST HAVE CLOSED OR WILL BE CLOSING, OR ARE OPEN BUT ARE NOT SELLING ANYTHING AND PRAYING FOR SALES). BANKS TO LOAN MONEY TO RESPONSIBLE PEOPLE THAT CAN PAY IT BACK,people that dont need to be financed wont spend money on such toys as such due to the large depreciation. and the list goes on. i am impressed that the company is still open now. as well am impressed that BOURGET is still going. their bikes are insanely priced twice as much as the big Dog product line. at this point the economy is just tanked. and there is no remedy for it. i think if there were more optimism about the economy turning around then investors would take a chance, due to love for the company and its bikes. but with the current and future economic conditions there is not a lot of hope for a investment return soon or later in the future. its great that there are those of us in the market for new big dogs are going to purchase them. myself included, however that is not enough to turn the company around. it helps slow the bleeding but its still a open wound.
KuruptedOne
Closed Account
My credit union did. No questions asked! :2thumbs:
