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what happens to 2nd hand bikes etc when a dealership folds

amacca · 2012-03-24 18:51:26

anyone here knows what usually happens to 2nd hand stock on the books when a motorcycle dealership folds/goes out of business? genuine curiosity.....presumably its auctioned but is this always the case?

24-03-2012 6:51pm

#1

amacca

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anyone here knows what usually happens to 2nd hand stock on the books when a motorcycle dealership folds/goes out of business?

genuine curiosity.....presumably its auctioned but is this always the case?

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#2 25-03-2012 6:15pm

Chaos Marine

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They would do, when businesses go into liquidation or administration as some call it, share owners auction off the bikes as either scrap or as bikes to get what they can as quickly as they can.

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