Maybe I am biased but the 05 model change was the last of the good looking saleens.
*OCD
**THEIR
There - location
They're - they are
The dude has a typo in his screen name. Don't expect much.
It's a shame that a company that put out the S7 has been reduced to rebadging cars and attempting to sell them for a ridiculous price.
It's a shame that a company that put out the S7 has been reduced to rebadging cars and attempting to sell them for a ridiculous price.
*they're
Meh, what kind of warranty support do you get from a bankrupt company... A friend of mine had a hell of a time getting an 04 Extreme fixed under warranty in Florida at what was supposed to be "the" Saleen dealership, Brandon Ford... fuck Saleen...
I thought Saleen was bankrupt?
LOL that's what I thought also.
Saleen’s most recent quarterly 10-Q filing, which covers the company’s financials through the end of 2014, states that it now has $95,435 in the bank. Hey! That’s an improvement!
Except now it has $7,045,503 in total liabilities, including $635,250 in unpaid payroll taxes, $365,998 owed to a bank by the end of March, and $1,295,705 in accounts payable “greater than 90 days past due.”
Saleen’s filing also reveals that R&D spending fell to $144,316 (from $250,130), as did its revenue, from $866,524 to $536,895 at the end of the year.
Saleen also took care of some litigation last year, including a suit “related to an engine installed by a third party vendor” where a judgement was passed in October forcing the company to pay $68,950. Additionally, Ford of Escondido is seeking payment for seven Mustangs for a total of $222,871. Both of those amounts have been added to the accounts payable portion of Saleen’s 10-Q.