It was posted before that the credit contract states their tools are collateral whether you owe on them or not.
The dealer should return those to the person he repo’d the box from, when the box is repoed the dealer should inventory the contents, and reach out to the customer to return his tools, but after a certain amount of time if the custome has made no effort to reclaim, and the dealer has made effort to return with no response, he will sell them as used on his truck
Thats great but I bet Snappy hated to see you go, the "catch" so to speak is to keep you making payments and selling you new tools. A lot of guys don't have the funds to do that and payments could be made by leaving weekly with supervisor, secretary, owner or just a envelope with payment in a designated place. More times than not Mech. just say you want your money come get it. Out of sight out of mind.
I wanted to be a tool dealer years back. I’d do it if I knew it was worth it AND if I had the money to start up.
You got all the answers don't you guy? Where are you getting your information from?
Just gonna block this nitwit.
They do. At least Snap-On. But that’s separate from truck/ dealer credit. Leaving the dealer responsible for all that debt. The only answer would be what, no truck credit, which is a large part of the dealer’s revenue I imagine. If the dealer was an acting employee of Snap-On or whomever, it would make sense for the company to issue the credit and collect it themselves.
Thats just nutts!
Maybe the tech figured if he couldn’t make money as a tech, he should cut his losses and leave everything behind.
Seriously ?
The Snap-On credit business system sounds like it was designed by someone who used to run a numbers or sports getting racket for the mafia.
You sir are a dream cust. Really thats the way its suppose to work, I understand some get into a tight and need a break, but double up next week should be a given. Not skip a week make a payment skip another week and then it becomes a normal. What Mech. don't understand is if you have 10~12 shops and you have 2~3 cust. owing you $25 a week and you only see that shop once a week. If you have just average 4 people that want to skip a payment a day thats $2k a month,(you may have 2 people one day and 6 the next) thats money that pays the truck tool bill. If a owner can't make his monthly bill that tool co. will cut him off till he pays. Boxes are even worse. That mind set of I'll just pay when I want is the ruin of a lot of TM. Its not a easy job, when I got in they told me it was a half day job, only they didn't mention there is 24 hours in a day. After the day of dealing with mech. you still have to go home and take care of orders and the books. I sold a lot of used repo tools but that was just tring to get my money back. Used boxes were gold because thats where the money is in new box sales and trades.
The shiny new toolbox and peer pressure to keep up with the other mechanic's toolboxes are powerful forces and hard to resist.
Its not. 25 percent interest is common in consumer credit when the borrower does not have any credit or bad credit.
JKI considered it just part of the deal. And in return, the best customer service I’ve ever had in my life in any category has been from tool guys. Snap-on in particular. I also had outstanding Matco and Cornwell dealers. These guys would come to my house where I worked after hours, they’d go to other dealers to get me out of a jam and many were personal friends.
Not to mention the GM tamperproof torx special size seat belt socket.
Yup. The ol’ GM T47. One more of many things you couldn’t just get anywhere. I’ve exploded a dozen over the years. They are a wear item when you do it for a living. Snap on had the best hands down. My dealer left me a spare bit and I would swap as needed and turn in the broken part. Can’t say how many times I’ve seen brand after brand fail on the same fastener and a Snap on take it right out.
you got me, if I were to guess I would say a old school transmission spring compressor, or horn button compressor. Could be the tool ya need to open the kanueter valve to drain and replace blinker fluid. Maybe a old John Deer combine tool
Door hinge sring tool.
Bingo. I used the hell out of this thing during the great GM door pins and bushings wars of the 90’s and 2000’s
I did too!
I wasn’t talking about the interest rate.
Its a mutual contract. One party says they will make payments, and they know the outcome if they dont. No different than a car or a house.
I wasn’t saying it was “nefarious and wrong”.Its a mutual contract. One party says they will make payments, and they know the outcome if they dont. No different than a car or a house.
The person in the wrong it the borrower who has possession of of tool/tool box that they stopped making payments nor fully paid for.
The snap on man and franchise repossessing the unpaid for tools/toolbox is legal and not wrong, no matter how much you try to associate it with illegal and nefarious people/organizations.
I never said you did.
Its a slight of hand in a debate. You don't actually accuse them (in this case snap on) directly of immorality but hang the millstone around their neck by comparing them to some thing or some one that is morally detestable, in this case the mafia and its tactics.
