Bill Heard Chevrolet shuts down 12 dealers

[nosparkplugs]

It's hard to image, but yesterday unanounced Bill Heard chevrolet/GMC shut down 12 dealerships in three states. SUV's & trucks are not selling, and the banks cut them off, no more financing. Estimates 2,500 people out of jobs.

This is crazy, I've never seen so many business people so nervous about the future, I take it one day at a time.:usflag:

[bribrius]

good but i wont get excited until i see mcdonalds and toyota go out of business.
i been waiting for the economy to finally crash for a few years. maybe this year or 09 will be my lucky year.

[nosparkplugs]

good but i wont get excited until i see mcdonalds and toyota go out of business.
i been waiting for the economy to finally crash for a few years. maybe this year or 09 will be my lucky year.


Bill Heard was the oldest, largest volume dealer in the south


If it crash's we all are going to be hurting, and from what I have been reading & seeing we have yet to see the worst. China has stopped lending money to the USA, our credit sucks now. This is the calm before the storm folks

[DuallyVette]

Well...after the markets adjust...we'll all be back on Walton's Mountian.
Goodnight John Boy.

[FaithNoMan]

I work in a shop, and as I said "that sucks" to one of our Tool dealers(a nice old guy), he responded by saying he was happy about the fact that Bill Heard shut down in our town.

After all the horror stories I have heard about the place, I wouldn't put it past them to be true after all - stories of salesmen not giving old folks their keys back and other "tactics" such as that - I swear I remember it being in the news a while back.

[Sammy]

Bill Heard Chevrolet shuts down 12 dealers

I have never heard of Bill Heard Chebby. :laugh:

[shepoutside]

good but i wont get excited until i see mcdonalds and toyota go out of business.
i been waiting for the economy to finally crash for a few years. maybe this year or 09 will be my lucky year.

We, not a shutdown per say, but we have a Brand New Toyota plant near me, to open in a month, and they stated last week, that there will now be no 2nd shift, nor a 3rd shift.

[ProMo]

Do a search for complaints against bill heard and you will see why they failed. They had so many complaints that gmac refused to finance them.

[Frontier-Lawn]

Bill Heard shut down 100% of the dealerships and 3500+ out of a job.

[brandtb1]

From what I have heard from people who shopped there and on the news, they should have shut down a long time ago. The news had a lady on there a while back and the salesman had made up her income to qualify her for the loan. They had numerous complaints like this against them. They got run out of Nashville about a year ago, so it is not a shock to see them close. I hate it for the people looking for work now, but that company (at least the Nashville location) was not one to do business with.

[Self_Paid1]

This sucks for the 3500+ Families

[Az Gardener]

here they marketed to the illegal err "Hispanic community" Loud music and blaring from the speakers on the lot. Commercials with near naked women, I'm surprised the guy ever got a Chevy dealership. A friend of mine lives near one and he was telling me about it he is very glad to see them go.

[Scagguy]

Heards demise has been coming for a long, long time. Their customer satisfaction index was so low, that nobody has been able to come up with a number for it. I spent a number of years as an F&I director in the car biz while in Houston. The stuff these guys would pull to slam someone in a car is legendary. Several of the people that worked in F&I at Heard are in jail mostly for fraud. Just another example of what greed will get you. So, to the crooks at Heard.....bu bye.

[corey4671]

We bought a car from the Bill Heard in HUnstville and I swear I will never even look at their lot again. Salesman and finance manager sent us home with the car on a Saturday evening and I get a call from the bank saying they needed an additional $5k down on the car even after I had already written a check for $5k down. We left with the impression we had purchased the car. I was one unhappy camper to say the least. Good enough for em! Sorry for the innocent folks out of a job.

[IA_James]

We bought a car from the Bill Heard in HUnstville and I swear I will never even look at their lot again. Salesman and finance manager sent us home with the car on a Saturday evening and I get a call from the bank saying they needed an additional $5k down on the car even after I had already written a check for $5k down. We left with the impression we had purchased the car. I was one unhappy camper to say the least. Good enough for em! Sorry for the innocent folks out of a job.

That's a pretty old trick there. If you signed all the papers on it, you own the car. There are NEVER mistakes like that, it's a scam.

[DiyDave]

sounds like they were just not quite big enough for a gubment buyout!:cool2::cool2:

[DuallyVette]

I hate to see people lose their jobs, but they would have to be blind and deaf to not know the lying, cheating culture of their enterprise. 1st, I'm real happy with my Chevy dealers service department. Some other departments are snakes. When I had a problem that I took to the General Manager, I prefaced my conversation with " I understand that your people are doing what they were taught, and if I were coming to tell you that your child stole something from me, that while you stand there looking disappointed in your child, you were really disappointed that he didn't get more, and get away clean." I know I'm not going to change their culture, but I won't be their victim.

[DuallyVette]

That's a pretty old trick there. If you signed all the papers on it, you own the car. There are NEVER mistakes like that, it's a scam.

I'm no expert, but: Dealers will sometimes let the customer take a car home with papers signed after hours, or weekends. They think they can get the loan funded and then the lender finds something he doesn't like. Sometimes they may try to jack up your interest rate, or sqeeze out some more money. If they called me , they could figure it out on their own, or return any down payment or trade and come get the car.

[nosparkplugs]

When it comes to dealerships their all crooks, just some worse then others. Sorry I get ill when I purchase vehicles, I just want to strangle the salespeople. Good credit bad credit, heck until now it did not matter anyone could get a loan.