Paddock Closed

[bremereric]

On a lighter note...if the president's stimulus package would have targeted the correct people...we probably would have spent more money to keep them alive...JAT

 

[needsaresto]

What happens with business is that they often get to big for their own good. Cheap doesn't mean better. Look at the PC market. Ha, Ha there was Dell thinking they could cut out the middleman and sell direct a product for cheap and then often great customer service. Didn't work. You can chase to the bottom for the a cheap price, but nobody ever wins. Who gets to the bottom last does? Maybe? Apple is a good example of success, keeping it fresh and building new products where price is not as much of an immediate concern. They are dropping prices on slow movers, but again old inventory has limited value...

I dont call dells customer service great.Every time I've had to call it's a huge hassle because I get someone who doesnt even speak english.

As for people not getting or understanding the costs involved in a business,thats because theres no transparency. If there was Im sure we would either have a much better understanding and put up with high prices or we would be buying prouct at a reasonable price. However there is no transparancy with any company. Why? Because our culture is based upon greed and no company wants to be revealed as such.

I worked for quite a while in the auto parts industry and can tell you for a fact that many products have a 1000% markup or more. I was able to see the purchase cost to the company and the MANY levels of pricing offered. The truth is that huge companies get huge by ripping people off. After all,we dont voluntarily hand over large amounts of cash. So lies are invented to raise the prices. Just look at gas if you dont believe me. Gas crisis my ***....

 

[WildCat]

That wasn't the case at the location here. They closed long before the latest economy woes. Also, cars are still selling for good money so that is not the total issue. We must remember not all of us are working class guys doing this. There are plenty who pay whatever to have it done for them. What happens in those shops is a whole nother story. I am currently unemployed but still find ways to fund my project and have found bargins here at FABO and the dreaded e-bay. These are items I would have spent 3X or more from the paddock or YO. I went through those catolog for years while getting ready for my GTX build, but won't use either now. FBBO here I come.

Not trying to be a jerk its just more then the economy going on for thier failure.

Chuck West was the store manager in Largo at one time. Shortly after I met him the Paddock was sold and the home of the original store was Knightstown Indiana, a new warehouse/showroom was built and the other 2 stores closed. Like most places it is hard to get good help.

 

[Michaeluser]

I dont call dells customer service great.Every time I've had to call it's a huge hassle because I get someone who doesnt even speak english.

As for people not getting or understanding the costs involved in a business, thats because there’s no transparency. If there was Im sure we would either have a much better understanding and put up with high prices or we would be buying prouct at a reasonable price. However there is no transparancy with any company. Why? Because our culture is based upon greed and no company wants to be revealed as such.

I worked for quite a while in the auto parts industry and can tell you for a fact that many products have a 1000% markup or more. I was able to see the purchase cost to the company and the MANY levels of pricing offered. The truth is that huge companies get huge by ripping people off. After all, we dont voluntarily hand over large amounts of cash. So lies are invented to raise the prices. Just look at gas if you dont believe me. Gas crisis my ***....

> This might be true now, but that is why I said it failed.

> Actually, the companies are not, and should not have transparency in costing of goods. At what point do private businesses divulge their data for the shake of saving someone money? Greed is not defined on profit alone, but how as humans possess it. If you never had money then I would beg to differ. The great thing about capitalism is the choice. Buy cheap if you so are inclined. Why do you think businesses are still going to China and overseas for mfg? People want a champagne lifestyle on a Wal Mart budget. That in the end will destroy capitalism.

> Not sure, what you mean, but I think you are saying that profit and wealth should not factor in cost nor should owning a business or making money? A company should only be allowed X % profit. So, is the wealth from profit limited? I know the "Banks" are being targeted for crafty business practices however; they lost more of nothing valuable for the sake of making it easy or cheap for everyone to buy a home. Sorry, but I do not think everyone should be able to afford something they have no business owning. On the other hand, should I say you could not spread wealth you can only make wealth it is a choice.

>There is nothing wrong with wanting value for you dollar. Even the wealthiest people value the almighty dollar. I find it hard to believe that good men and women sit around determining the best way to rip people off especially at the level of economic scale we are debating about.

>First hand, experience is a good argument you have on your rationalization of the corporate greed. Which resonates through the news and channels of information we are objected to daily. I just personally think it is a stretch to lump profit and wanting to make a living or good living in with an invention of lies so calculated to rip people off. For what a fist full of dollars? That being said I do work in the aftermarket and now exactly what products cost…

 

[mullinax95]

Thats to bad. I have got a lot of parts from them.

x2

 

[IfItsGotWheels]

The bankrupcy auction for The Paddock is coming up in July.Here's the inventory:

http://www.keyauctioneers.com/auction_detail.php?id=137739

 

[Revhendo]

again with the R&D BS. These are repro parts that don't need any further R&D. It's a matter of a distributor finding someone to produce them with the cheapest materials possible. That's what they're doing right now, and there is no shortage of Chinese manufacturing companies out there to do it.

Different story for custom or specially designed performance parts.

As a matter of point, even repop parts need R&D. You don't just take measurements off of an old part, stamp it out and then sell it. You trial fit first runs, check consistancies, whether the part will fit all applications regardless of which plant produced, and so much more.

 

[MoparLvr]

The bankrupcy auction for The Paddock is coming up in July.Here's the inventory:

http://www.keyauctioneers.com/auction_detail.php?id=137739

Road trip!!!

 

[GTG3]

I did have a few tings done for A-100's and looked into lots more. At $20,000 + UP FRONT 6 or 8 years ago for headlight rings It would have taken a very long time to recoupe. Yes you make the part for $5.00 but many thousands for makeing the die then a set up fee every time you want it run.
Not so easy.

Mopar parts don't sell as fast, thats why its higher, it cost the same to R&D a part and market it.

 

[Revhendo]

I did have a few tings done for A-100's and looked into lots more. At $20,000 + UP FRONT 6 or 8 years ago for headlight rings It would have taken a very long time to recoupe. Yes you make the part for $5.00 but many thousands for makeing the die then a set up fee every time you want it run.
Not so easy.

Exactly the point. You can ***** about offshore products all you want, but the fact remains that it still costs real money to repop a part. You have to take into account not only how much it costs to make a part, but how long it will take to just break even on that part.

 

[FISHBREATH]

Exactly the point. You can ***** about offshore products all you want, but the fact remains that it still costs real money to repop a part. You have to take into account not only how much it costs to make a part, but how long it will take to just break even on that part.

Yes. In addition to the tooling costs, manufacturers specify minimum production runs, so you likely have to produce a number of parts far in excess of what you originally planned. All those parts then need to be stored. That costs money, not to mention added overhead of property taxes on your facility. If you produce original factory-quality reproductions with Chrysler #s and logos, they will demand a licensing fee. Your daily operating overhead continues while you try to market your warehouse full of parts. Bad economy = fewer parts sold, but overhead continues to grind away at your bottom line.

If it was so easy, more people would be doing it.

 

[Sly Fox Racing]

Bad economy = fewer parts sold, but overhead continues to grind away at your bottom line.QUOTE]


Overhead is always the killer. The the hardest part of running a business is keeping the overhead down. You end up getting nickle and dimed to death for everything. Everyone wants a bite of your piece of pie until there isn't any left for you.

 

[roosduster]

I never had a problem with Paddock. I am sad they won't be around anymore, it is one less place to get parts from. They always seemed to have cheaper prices for parts then Year One. Year One has some plastic hood insulation clips for 2.95 each of a set of ten for 39.95. Paddock had the same hood insulation clips for .95 cents each or a set of 22 for 8.95.

But when a door closes they say a window opens, and Classic Industries is supposed to soon have parts for Mopars. I can't say I have ever dealt with them as they have only had parts for GM vehicles but hopefully they have good prices and good customer service.