Completey Motorbikes Gone Into Administration

https://www.tsaauctions.co.uk/aucti...-auction-of-unregistered-ex-demonstration-and

Saltire have gonetoo

 

That's sad. All the bikes listed in the auction state "No v5, buyer to apply to DVLA", some even state "No keys". Guess the business owner tried to scupper the administrators efforts?

 

forgot to mention, loads of bikes streaming into Gumtree recently from various C.M. (assumed) owned companies, even after "the announcement" on here.

 

I haven't seen any show up on Gumtree - are they being offered at a discount from one of the other CM companies?

 

..just one of many:-

https://www.gumtree.com/p/ducati-motorbikes/2019-ducati-hypermotard/1487868900

 

Is it just me or are they all up for the same “wasn’t able to sell it the first time” prices? I.e no deals?

 

i can't comment on that Coda but i think that the world and his wife will be giving all of their bikes a wide birth now until their overall status is made clearer. It's a hard time to sell anyway, but with them, what with everything in the media, it's "and then some"!

 

Yep who in their right mind is going to put a deposit down on one of their bikes and trust they will be able to collect it in a weeks time. I suppose you could try and turn up, pay and leave with the bike all in one go if that’s possible.

 

CM put a MTS on eBay this morning selling out if Bridgend, good price too..

 

In case anyone needs it this may be useful
https://www.moneyhelper.org.uk/en/e... still applies even,ve bought them from fails.

 

Just seen this on Visordown, confirmed by Yamaha

https://www.visordown.com/news/completely-motorbikes-enters-administration

 

blimey, fingers in many pies for sure, this from Completely Suzuki:-

https://completelymotoringgroup.co.uk/

https://www.regit.cars/car-servicing/john-wilkins-cars-suzuki-cheltenham-gloucestershire

sad old state of affairs.

 

Didn’t realise they owned thunder road too

 

Yes, they've owned Thunder Road for a while now

 

And this I think is the main crime here. So many decent small dealers up in smoke.

 

Most local to us main dealers it seems (bikes) and many smaller cars

 

I don’t think there is a Yamaha dealer anywhere near us now.

 

Think they did Yamaha, Kawasaki, Ducati, MV, few smaller brands.

 

Tell that to Elon Musk…
(Or many other tech companies)

Cheap money to borrow, build scale, sell business (not always profit it’s all about growth and ‘potential’)