Tuesday, November 22, 2011

What will happen to Bill Heard Chevrolet Cars?

Now that Bill Heard Chevrolet has gone belly up, what happens to his vast inventory of new cars? Will they go back to GM? Will creditors (our government) have a fire sale? If so, when and where?|||They will probably end up having some sort of deal where they wholesale the vehicles to another dealership so they can sell them.





They will not go back to GM. |||The New Vehicles will be offered to other Chevy dealerships,the ones left over will be bought back by GM,the used cars go to auction.Frankly this has been a long time coming,Bill heard was an a*shole to his customers and other GM dealers as well as Chevrolet.My dad owns a Chevy dealer and did a few vehicle trades with Mr heard and said he was a bad man.I hope that the employees find work somewhere else and a decent Chevy dealer moves in to his lots.|||GM contacts all the other Chevy dealers and asks them to buy part of his inventory, at greatly reduced prices. Then they have a "fire sale" for all GM employees. That usually cleans up all the cars and trucks. Any cars that are left over will go auction. If anything is left afterward, GM takes them back,|||Ha. I'm glad he went belly up. I've had nothing but bad experiences with that place.

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