Qwic Industries - Gone!

   / Qwic Industries - Gone! #12  
I don't know these guys at Kwic, but I do know a few guys he competes with that sell Jinma. Kwic's prices were really low and he didn't do the extensive setup needed to make a Jinma a decent tractor. They all said "he can't continue at these prices and service levels, it just won't work". They were right of course.

This is not too unusual, a "dealer" will come along with a flashy website and super low prices and people will flock to him. As his profits aren't enough to actually sustain a business, he starts to go under. (again, I don't know the Kwic guy at all, so this is just general experience) Then he takes orders in advance with a deposit. Then he requires a huge deposit, maybe 50%. Then he requires 100% paid up front....you see the guy needs to make his payments on his building, his truck, payroll taxes, income taxes, utilities, vendors, etc. So he gets in a bind and uses the deposits to pay these things, not to buy tractors. He sees through rose colored glasses and feels success is right around the corner, so often a guy like this actually doesn't think he is doing wrong. Then it all comes tumbling down. I've seen this several times with Yanmar's also.

The moral of the story, buy from a reputable dealer. You'll have to pay a little more. Buy what is already in stock, or if it has to be ordered, you normally do not have to put down more than 10%, unless it is some real special item that the dealer otherwise would not stock.

Just some thoughts.
 
   / Qwic Industries - Gone! #13  
If you look, most of these negative feedbacks are for items that state in the auction, "4 to 6 weeks" delivery. I wonder how many people even saw that? I am not defending the guy, I don't know him, but many times people start complaining and hit the negative feedback button real quick.
 
   / Qwic Industries - Gone!
  • Thread Starter
#14  
Tractors4u said:
many times people start complaining and hit the negative feedback button real quick.

Yeah... REAL QWIC! LOL
 
   / Qwic Industries - Gone! #15  
Have any of you heard anything new about this dealer? I see their website is still up and (apparently) taking orders Kwic Industries, Last stop shop for high-quality,diesel genteratos, propage generators, external fuel tanks, concrete pumps, transer switches,switch gear, electric motors, forklifts,

I was wondering if they worked out the situation with all the people with undelivered items (there was an $80k one on Ebay!). If they didn't, they shouldn't still have that page up. We should find out what's going on so people make can informed decisions before placing orders through their website.

Cheers,

G
 
Last edited:
   / Qwic Industries - Gone! #16  
I would stay away from them even if they were half priced and every order came with a dingy blond.

Chris
 
   / Qwic Industries - Gone! #17  
Diamondpilot said:
I would stay away from them even if they were half priced and every order came with a dingy blond.

Chris


Ha ha, that's a given!! I am not considering buying anything from them...not even a blond! ;)
I just came across their website today and I figured I would see if someone else knows what is going on with them, so potential buyers can be well informed via this forum.
If they have not fixed their issues we should probably contact the BBB to see if their website can be closed.

G
 
   / Qwic Industries - Gone! #18  
   / Qwic Industries - Gone! #19  
80 percent, that beats the tractor business I guess...
 
   / Qwic Industries - Gone! #20  
It shows a $2500 loan for 36 months at 80%...a mere payback of $6660. Do people actually do such things? Hard to believe. :eek:
 

Tractor & Equipment Auctions

27ft x 24ft Metal Building (A51573)
27ft x 24ft Metal...
2019 PETERBILT 567 TRI-AXLE MID-ROOF SLEEPER (INOPERABLE) (A52472)
2019 PETERBILT 567...
New Wolverine Skid Steer 3pt Hitch Quick Connect (A53002)
New Wolverine Skid...
New Wolverine 3pt Receiver Hitch (A53002)
New Wolverine 3pt...
2010 Ford Edge SE SUV (A51694)
2010 Ford Edge SE...
2007 JOHN DEERE 624J WHEEL LOADER (A51406)
2007 JOHN DEERE...
 
Top