Tank Sports Out of business................

panamarandy · 12-11-2009, 07:22 PM

I just got 2 different e-mails telling me that TANK SPORTS has went bankrupt and out of business to include there ATVPARTSUSA parts division, and are no longer answering phones at either location......

SpudRider · 12-12-2009, 01:42 AM

Yikes! I am sorry to hear that. I was hoping Tank Sports would be around to continue to support the fine Redcat motorcycles they had inherited. :(

Spud

FastDoc · 12-12-2009, 09:23 PM

Lot of flux in the market due to the economy. On the one hand you'd think the poor economy would promote cheap bikes for transportation or fun. On the other hand it's an 'unnecessary' expense in some ways. Also, poor promotion and consistancy on the distributor's part I think is the biggest factor.

katoranger · 12-13-2009, 08:01 AM

Americans haven't really embraced bikes and scooters as a mode of transportation. Most think of them as toys.

I think that as our fuel cost begins to climb again and people still not working that the scooters will come back.

Allen

TeamCheap · 12-13-2009, 08:28 AM

A truck dealer near me bought four or five of the trikes and had a price of $9,995 and I still see 4 of them there.He had one with an enclosed box on it and I think he sold that one but the others just have the dumpbed.

I stopped and looked at them and took some pictures a year or so ago and they are nice with a full cab, heat and everything but he just couldnt sell them.
People just arent spending money unless they are sure of what they are getting.

Now the price is down to a tempting $5,950 if I had the cash I'd go in and offer $3,000-3500.

I'd take one of those over a smart car :roll: but I wonder if its licensed as a motorcycle would I need to where a helmet in it.

culcune · 12-13-2009, 11:36 AM

Quote:

Originally Posted by TeamCheap

I'd take one of those over a smart car :roll: but I wonder if its licensed as a motorcycle would I need to where a helmet in it.

You could wear those helmets with the built-in mohawks, or I picture a WWII GI helmet

panamarandy · 12-14-2009, 02:10 PM

I saw on another board that I am at that a dealer out there was at the Tank facility and says their Bank has locked them out of there buildings for failure to make there loan payment, and are liquidating there stock to secure cash.

SpudRider · 12-14-2009, 03:02 PM

Quote:

Originally Posted by panamarandy

I saw on another board that I am at that a dealer out there was at the Tank facility and says their Bank has locked them out of there buildings for failure to make there loan payment, and are liquidating there stock to secure cash.

If you will, please keep us updated regarding the "liquidation" of Tank's stock.

We might be able to find some good deals on vehicles, and/or parts.

Spud

culcune · 12-14-2009, 07:47 PM

I should be in the L.A. area in the next few weeks; I will see if I can get over to the Tank HQ and see what is going on...

SpudRider · 12-14-2009, 07:54 PM

Quote:

Originally Posted by culcune

I should be in the L.A. area in the next few weeks; I will see if I can get over to the Tank HQ and see what is going on...

Thank you, Culcune!

P.S. You were correct about the KTM orange color scheme on my Zong; thank you for your input!

Spud

FastDoc · 12-14-2009, 08:13 PM

Quote:

Originally Posted by SpudRider

Quote:

Originally Posted by panamarandy

I saw on another board that I am at that a dealer out there was at the Tank facility and says their Bank has locked them out of there buildings for failure to make there loan payment, and are liquidating there stock to secure cash.

If you will, please keep us updated regarding the "liquidation" of Tank's stock.

We might be able to find some good deals on vehicles, and/or parts.

Spud

Vulture!
That's the best miserly spirit for you! 8)

SpudRider · 12-14-2009, 10:20 PM

Quote:

Originally Posted by FastDoc

Quote:

Originally Posted by SpudRider

Quote:

Originally Posted by panamarandy

I saw on another board that I am at that a dealer out there was at the Tank facility and says their Bank has locked them out of there buildings for failure to make there loan payment, and are liquidating there stock to secure cash.

If you will, please keep us updated regarding the "liquidation" of Tank's stock.

We might be able to find some good deals on vehicles, and/or parts.

Spud

Vulture!
That's the best miserly spirit for you! 8)

My goodness, I am a China Rider!

I prefer to think I have the Spirit of Christmas, Doc!

Spud

Tallahassee · 12-26-2009, 04:39 PM

Tank is not comeing back sorry :x

quote="SpudRider"]

Quote:

Originally Posted by FastDoc

Quote:

Originally Posted by SpudRider

Quote:

Originally Posted by panamarandy

I saw on another board that I am at that a dealer out there was at the Tank facility and says their Bank has locked them out of there buildings for failure to make there loan payment, and are liquidating there stock to secure cash.

If you will, please keep us updated regarding the "liquidation" of Tank's stock.

We might be able to find some good deals on vehicles, and/or parts.

Spud

Vulture!
That's the best miserly spirit for you! 8)

My goodness, I am a China Rider!

I prefer to think I have the Spirit of Christmas, Doc!

Spud

[/quote]

lowbudget · 01-01-2010, 08:55 AM

It's a long thread but worth reading. It's not only a review but shows what i've went through trying to deal with Tank

http://forums.atvconnection.com/chin...t-arrived.html

http://www.ripoffreport.com/Motorcyc...orts-B8292.htm

panamarandy · 01-01-2010, 11:22 AM

I read your 24 page thread over there. Its a sad thing, but not uncommon. I own a Tank street bike and know how much trouble they can be.

12-11-2009, 07:22 PM	#1
panamarandy Join Date: Mar 2008 Location: panama city, florida Posts: 353	Tank Sports Out of business................ I just got 2 different e-mails telling me that TANK SPORTS has went bankrupt and out of business to include there ATVPARTSUSA parts division, and are no longer answering phones at either location...... __________________ 2007 Tank Vision R-3 2005 Quinqi Scooter
	0

12-12-2009, 01:42 AM	#2
SpudRider Join Date: Jul 2008 Location: Idaho Posts: 25,054	Yikes! I am sorry to hear that. I was hoping Tank Sports would be around to continue to support the fine Redcat motorcycles they had inherited. :( Spud __________________ Spud "Never argue with an idiot. He will drag you down to his level, and beat you with experience." Mark Twain 2015 Zongshen ZS250GY-3 (RX3) 2006 Zongshen ZS200GY-2 (Sierra 200) 2005 Honda XR650L 2004 Honda CRF250X 1998 Kawasaki KDX220 Mods made to my Zongshen ZS200GY-2: http://www.chinariders.net/showthread.php?t=6894
	0

12-12-2009, 09:23 PM	#3
FastDoc Join Date: Mar 2009 Location: Southeastern Washington desert Posts: 14,761	Lot of flux in the market due to the economy. On the one hand you'd think the poor economy would promote cheap bikes for transportation or fun. On the other hand it's an 'unnecessary' expense in some ways. Also, poor promotion and consistancy on the distributor's part I think is the biggest factor. __________________ Happy to serve.
	0

12-13-2009, 08:01 AM	#4
katoranger Join Date: May 2007 Location: Altamont, Kansas Posts: 15,103	Americans haven't really embraced bikes and scooters as a mode of transportation. Most think of them as toys. I think that as our fuel cost begins to climb again and people still not working that the scooters will come back. Allen __________________ You meet the nicest people on a Honda Clone.
	0

12-14-2009, 02:10 PM	#7
panamarandy Join Date: Mar 2008 Location: panama city, florida Posts: 353	I saw on another board that I am at that a dealer out there was at the Tank facility and says their Bank has locked them out of there buildings for failure to make there loan payment, and are liquidating there stock to secure cash. __________________ 2007 Tank Vision R-3 2005 Quinqi Scooter
	0

12-13-2009, 08:28 AM	#5
TeamCheap Join Date: Jun 2006 Location: directly under the earths sun............NOW Posts: 2,302	A truck dealer near me bought four or five of the trikes and had a price of $9,995 and I still see 4 of them there.He had one with an enclosed box on it and I think he sold that one but the others just have the dumpbed. I stopped and looked at them and took some pictures a year or so ago and they are nice with a full cab, heat and everything but he just couldnt sell them. People just arent spending money unless they are sure of what they are getting. Now the price is down to a tempting $5,950 if I had the cash I'd go in and offer $3,000-3500. I'd take one of those over a smart car :roll: but I wonder if its licensed as a motorcycle would I need to where a helmet in it.
	0

12-14-2009, 07:47 PM	#9
culcune Join Date: May 2006 Location: Yuma, Arizona Posts: 9,035	I should be in the L.A. area in the next few weeks; I will see if I can get over to the Tank HQ and see what is going on...
	0

01-01-2010, 08:55 AM	#14
lowbudget Join Date: Jan 2010 Posts: 1	It's a long thread but worth reading. It's not only a review but shows what i've went through trying to deal with Tank http://forums.atvconnection.com/chin...t-arrived.html http://www.ripoffreport.com/Motorcyc...orts-B8292.htm
	0

01-01-2010, 11:22 AM	#15
panamarandy Join Date: Mar 2008 Location: panama city, florida Posts: 353	I read your 24 page thread over there. Its a sad thing, but not uncommon. I own a Tank street bike and know how much trouble they can be. __________________ 2007 Tank Vision R-3 2005 Quinqi Scooter
	0