short time(dream cue) financing!!
- Thread starter cornerstone
- Start date
now that's a smokin' thing your doing.... gonna have to go browse through your inventory 
great idea
great idea
sean, if you have not noticed, I dont sit on may cues for a while! in fact most of our invintory is new in the last 10 months over 70% is new product. we are just trying to help the people wanting to collect ! I should have known there would be one or two that would not like us doing this!cueaddicts said:
sold to RayDm
sorry , but the cue sold yesterday to RayDM a member here on the site! Great guy to deal with!Panhdlce said:
cornerstone said:
Come on Bill, grow up. You have asked for people's input here and you have gotten mine. I'm not here to debate your 'product' or how long you have been sitting on some. Me not like this ??
A payment plan is a great idea. My suggestion is to simply cut out the interest.....make it even better for your customers.....
cueaddicts said:
Sean, I believe Bill may have been referring to potential customers for their input about purchasing a cue on time with a finance plan. The issue I have with your post is that you as a dealer infiltrated Bill's thread and questions Bill's buisness practice of offering interest bearing financing and implying he should have to justify his plan by you asking "why charge at all".
One could possibly think you were advertising(in Bills thread) how you don't charge interest at Cueaddicts, which would be okay if it were your own thread.
Sean, I'm not trying to throw down, I just thought your post was a bit out of place. Anyway, I wish the best to you and Cueaddicts, I purchased a cue from you guys about 2 years ago and the deal was excellent and problem free. Scott
cueaddicts said:
i think for the simple reason that no one can guarantee how long a cue will "sit". the longer they sit the more money you loose allot of times. i don't think it's wise to stock cues that you think are going to sit around for a while anyway and i would think most cues that would fit that criteria wouldn't need any type of financing to acquire them in the first place. i think it's a good thing with the right buyers. takes allot of trust from the seller.
Very inovative Mr Bill!
You have been tops in your field since day one. I think you are making a very wise business decision. Others can only copy you. You are one step ahead of the pack for sure.
Actually the way you discount your cues you probably will still be selling at pricing a good bit below your competitors.
I think that is why this decision will work for you especially well. The cues will still be sold below what others will offer simular items for!
You do love to make buyers happy!
Good luck!
Nick
You have been tops in your field since day one. I think you are making a very wise business decision. Others can only copy you. You are one step ahead of the pack for sure.
Actually the way you discount your cues you probably will still be selling at pricing a good bit below your competitors.
I think that is why this decision will work for you especially well. The cues will still be sold below what others will offer simular items for!
You do love to make buyers happy!
Good luck!
Nick
Last edited:
gh8st
Question?
Bill I was just wondering, does the person get the cue up front after the down payment? or is this more of a Layaway plan where you would recieve the cue after the last payment? Is there a credit check? What is the penalty for non-payment or what if I sign up for the 6 month plan and decide after 3 payments I don't want the cue anymore. Do I get my money back?
Bill I was just wondering, does the person get the cue up front after the down payment? or is this more of a Layaway plan where you would recieve the cue after the last payment? Is there a credit check? What is the penalty for non-payment or what if I sign up for the 6 month plan and decide after 3 payments I don't want the cue anymore. Do I get my money back?
If Bill winds up running it the way other folks have in the past.....the cue is delivered upon payment in full. Once the last payment reaches the dealer/seller, the cue is shipped out to the buyer.Danktrees said:
I would imagine that this would be the best way to go....just to make sure that the seller is covered, should something happen during the "payment period."
Nice move, Bill. This ought to bring more buyers to the table for ya....since most folks dream of a champagne cue, but have beer pockets.
Mark
I'm going to need at least a 47 month loan on that Hercek at $125 a month if the interest is 5.99% lol. It sure beats the 10 year waiting list!
PS. If you can do a 47 month loan at 5.99% (44 months to pay $5450 and 3 more to pay the $327 interest)... consider it financed
PPS. My credit score is awesome!
PS. If you can do a 47 month loan at 5.99% (44 months to pay $5450 and 3 more to pay the $327 interest)... consider it financed
PPS. My credit score is awesome!
Last edited:
i would imagine it depends on how you make the deal..
since he said it would be through a bank.. than, once the deal is made and the credit is approved.. the cue is yours and then you would have to remitt the payments to the bank.. thats the way i see it...
i imagine, if its a layaway plan with scheduled payments, he would keep the cue till the end and once its paid for, then he would ship.. most people i have seen that did this, if the buyer changed their mind half way through, then they seller usually refunds with a small penalty or transerred what was paid onto another cue instead..
either way sounds like a great plan..
i am interested in knowing about trades as well.. i would imagine it would depend on the cue and all..
there is a few cues, i am interested in, in the 1800 to 3500 range myself..
not sure if its the right time now.. but its deffinatly something i am thinking about.. chris
since he said it would be through a bank.. than, once the deal is made and the credit is approved.. the cue is yours and then you would have to remitt the payments to the bank.. thats the way i see it...
i imagine, if its a layaway plan with scheduled payments, he would keep the cue till the end and once its paid for, then he would ship.. most people i have seen that did this, if the buyer changed their mind half way through, then they seller usually refunds with a small penalty or transerred what was paid onto another cue instead..
either way sounds like a great plan..
i am interested in knowing about trades as well.. i would imagine it would depend on the cue and all..
there is a few cues, i am interested in, in the 1800 to 3500 range myself..
not sure if its the right time now.. but its deffinatly something i am thinking about.. chris
Actually.......
I've never known of ANY DEALER that offered "True Financing".
I'm not talking the occasional personal favor, but actually promoting this as a viable payment option to (almost) anyone.
I do know of many Dealers who have accepted payment plans, but they all worked just like a Layaway Plan. Make payments as you can, when it's paid off you get the cue.
But unless I totally mis-read Bill's Post, that's not what he's offering. He's offering FINANCING; you make a down payment (he made reference to 1/3 down), agree to a payment schedule, and you get the cue. Miss a payment or 2, and Vinny knocks on your door. With an offer.
Since he is effectively "toting the note" and accepting all inherit risks, I think charging interest is both prudent and necessary.
Layaway type plans don't charge interest, but you don't get the merchandise until it's paid off.
WAY TO GO, BILL!!
My hat's off to you, friend.
-von
I've never known of ANY DEALER that offered "True Financing".
I'm not talking the occasional personal favor, but actually promoting this as a viable payment option to (almost) anyone.
I do know of many Dealers who have accepted payment plans, but they all worked just like a Layaway Plan. Make payments as you can, when it's paid off you get the cue.
But unless I totally mis-read Bill's Post, that's not what he's offering. He's offering FINANCING; you make a down payment (he made reference to 1/3 down), agree to a payment schedule, and you get the cue. Miss a payment or 2, and Vinny knocks on your door. With an offer.
Since he is effectively "toting the note" and accepting all inherit risks, I think charging interest is both prudent and necessary.
Layaway type plans don't charge interest, but you don't get the merchandise until it's paid off.
WAY TO GO, BILL!!
My hat's off to you, friend.
-von
cueaddicts said:Come on Bill, grow up. You have asked for people's input here and you have gotten mine. I'm not here to debate your 'product' or how long you have been sitting on some. Me not like this ??
Good point, Von. I think I was one of the guys that misread the intent.VonRhett said:Actually.......
I've never known of ANY DEALER that offered "True Financing".
I'm not talking the occasional personal favor, but actually promoting this as a viable payment option to (almost) anyone.
I do know of many Dealers who have accepted payment plans, but they all worked just like a Layaway Plan. Make payments as you can, when it's paid off you get the cue.
But unless I totally mis-read Bill's Post, that's not what he's offering. He's offering FINANCING; you make a down payment (he made reference to 1/3 down), agree to a payment schedule, and you get the cue. Miss a payment or 2, and Vinny knocks on your door. With an offer.
Since he is effectively "toting the note" and accepting all inherit risks, I think charging interest is both prudent and necessary.
Layaway type plans don't charge interest, but you don't get the merchandise until it's paid off.
WAY TO GO, BILL!!
My hat's off to you, friend.
-von
Bill didn't say "Layaway"....he said financing (and did mention going through a bank).
That does change up the ball game a bit, doesn't it???
Damn it......now I gotta go check out his website!!!!
Good and bad
Bill,
I, as always, I wish you the best. This idea is fantastic in a lot of ways. This will definitely get cues to guys that wouldn't have this chance otherwise. (the hard part for me is that every "monster" cue you get in, I will be thinking of this offer )
The other side of it is, I would never let a cue go out until full payment is received. 95% of the people out there will do just as they say. But it just takes a small minority to ruin it for everyone. Look at this board. There's constantly an issue with people not doing what they say they will do and hard feelings and lost $$$$ because of it.
I have seen credit ruin a lot of good businesses. These were businesses that had a lot of clientele like yourself. A few bad apples can ruin the whole bunch. (sorry for the cheesy analogy)
Good luck, just be careful.
Your friend,
Jimmy K
Bill,
I, as always, I wish you the best. This idea is fantastic in a lot of ways. This will definitely get cues to guys that wouldn't have this chance otherwise. (the hard part for me is that every "monster" cue you get in, I will be thinking of this offer
)The other side of it is, I would never let a cue go out until full payment is received. 95% of the people out there will do just as they say. But it just takes a small minority to ruin it for everyone. Look at this board. There's constantly an issue with people not doing what they say they will do and hard feelings and lost $$$$ because of it.
I have seen credit ruin a lot of good businesses. These were businesses that had a lot of clientele like yourself. A few bad apples can ruin the whole bunch. (sorry for the cheesy analogy)
Good luck, just be careful.
Your friend,
Jimmy K
Hurly Burly
Banned
Bill-
I might be very interested in this. If you could PM me with the details regarding your plans, I would appreciate it.
I have a specific cue in mind.
Thanks,
Hurly
I might be very interested in this. If you could PM me with the details regarding your plans, I would appreciate it.
I have a specific cue in mind.
Thanks,
Hurly