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#11 | |
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Location: Newport News, VA
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Just my opinion. Lew
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Lew Silverman #2070 "The Wagon Master" N/SA |
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#12 |
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Join Date: May 2006
Location: Louisville , KY
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The problem with this deal, I would bet, is that with lower sales and higher overhead and big loan payments the investor group couldn't make it. When you don't owe a bunch of money it is easier to make it through hard times.
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Greg Hill 4171 STK |
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#13 |
Senior Member
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Here's the actual auction website home, with links to the auction brochure, and a full listing of everything that's available:
http://myronbowling.com/PACE-AMERICA...tml?LayoutID=8 In the end, if somebody in the GA area is looking for a trailer (especially a utility trailer), they will probably be able to get themselves a pretty good deal (don't forget the 12% buyer's premium). All that said, it's sad. Pace had been in business for a long time, and made a decent trailer IMHO (I owned one many years ago).
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Jason Oldfield S/G & S/St 1838 |
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#14 |
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Join Date: Jul 2007
Location: East China, MI
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My brother and I bought a new Pace trailer in 2009 and frankly was very disappointed in their workmanship. The lack of detail and sloppiness in their construction was observed all around the whole trailer. Finding out an investment company owned Pace, I now know why detail was so shi**y. Just pushed them out the door as fast as they could to make the big $$$.
I hope Look does a better job. It sounds like the president of the company has the right business foresight and attitude.
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Nelson Kowal Stock 345 |
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