Quote:
|
Originally Posted by redlevel I don't suppose there is any chance that they will reach any kind of agreement that includes honoring remaining warranty on tractors sold within the last two years? Or to make the refunds due those of us who got stuck with the "less than zero" fiasco?
Acquiring financing and establishing a parts supply are important, but if dealers think this will restore the Farmtrac name without correcting the other things I mentioned, I think they are wrong.
I certainly hope the dealer reps are successful in getting the parts supply pipeline set up. |
I just heard from the dealer rep on the dealer only site. Nothing is off the table. They do plan to come down hard on Escorts about Less Than Zero and the lost warranty. Personally I don't hope for much. If Escorts had been much of a world citizen they would have honored the warranty all a long--after all they made the tractors. Like Case said we have to try for as much as we can, accept what we get and then work at getting more. The dealer group is not trying to restart Farmtrac,NA--that is beyond our power. We don't even worry about Farmtrac,NA 's reputation--they did that to themselves and to us also. We are merely trying one step at a time to make things the best we can for our customers and friends. The dealers really aren't able to do the big strokes they would like to--some dealers owe from $5000 to $165000 interest to the floor plan company in addition to the principle on the tractors. When interest is acruing at 12% on from one to maybe 40 or more tractors without sales it hurts big time. We just do what we can about today--yesterday is done we can't repair it. If we can sell the tractors we have and service them with parts without all 285 dealers going bankrupt that will be somewhat success. Most of the dealers including myself have done warranty work with no hope of ever getting paid. One of my customers heard that Farmtrac failed offered to pay me for warranty work I did on his tractor last December. Some dealers have much more that they will never see. Please don't try to punish us for what Escorts or Farmtrac,NA did to us--we are the ones trying to get some order to keep the value of your tractor from plumetting. But on the other hand they are really pretty much just ford tractors with somebody else's decals. You can't punish the iron. You can only punish the dealers trying to help you. Does that make sense?