MNSBR: Buell is back - MNSBR

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Buell is back

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Posted 22 February 2021 - 03:55 PM

https://www.buellmotorcycle.com/models

Their 1190cc power plant is making 185 hp and 101.6 ft-lb and looks to be featured in the 4 models pictured below. They say they are going to release 10 models between now and 2024.

The question is, will Erik Buell find success this time?


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#2 User is offline   WillMill Icon

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Posted 22 February 2021 - 07:35 PM

Erik has nothing to do with it this time. He is pursuing electric bikes. This is just another company using his name. There is a good thread on the wera forum about this.
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Posted 23 February 2021 - 09:32 AM

Oh, that's interesting they still use his name. Will be interesting to see what happens this time around.
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Posted 23 February 2021 - 09:53 AM

From what Ive read, it kinda seems like a money laundering scheme, or a tax strategy for a bigger more successful business.
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Posted 23 February 2021 - 11:33 AM

So we should expect bankruptcy soon to subsidize big tax write offs for the parent company.
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Posted 23 February 2021 - 06:52 PM

Who knows what will happen. This is an interesting read though. This kinda makes it sound the company just had a bunch of parts that they bought for cheap, and decided to make a few bikes out of them.

https://www.roadraci...ecord-straight/
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Posted 24 February 2021 - 08:57 AM

Very informative article, thanks for finding/sharing that.
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Posted 02 March 2021 - 09:07 PM

What makes you think it's a money laundering scheme?
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Posted 02 March 2021 - 09:26 PM

View PostNorthStar, on 02 March 2021 - 09:07 PM, said:

What makes you think it's a money laundering scheme?


From what I understand, it's common loop hole for wealthy people/corporations to buy or build "throw away" companies in order to claim bankruptcy, sell assets, and use the loss as a tax write off. I don't know the details of how it all works. Maybe they'll clearance out some Blasts for you to scoop up cheap.
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Posted 03 March 2021 - 06:19 AM

 NorthStar, on 02 March 2021 - 09:07 PM, said:

What makes you think it's a money laundering scheme?



Because its a successful company trying to operate an unsuccessful company. There is no strong plan in place. One of the models that they plan on building, is a high end hill-climb bike, like really? Seems like the smallest market out there. The numbers just donít add up to being a great money making investment.
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Posted 03 March 2021 - 07:04 AM

That doesn't sound like money laundering.
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Posted 03 March 2021 - 07:13 AM

View PostPOE, on 02 March 2021 - 09:26 PM, said:

From what I understand, it's common loop hole for wealthy people/corporations to buy or build "throw away" companies in order to claim bankruptcy, sell assets, and use the loss as a tax write off. I don't know the details of how it all works. Maybe they'll clearance out some Blasts for you to scoop up cheap.


What you are talking about is not money laundering, its value extraction. IE, like Sears. Take something faltering, then strip and sell off anything of value, paying youself handsomely for the deconstruction, then allowing the remaining ghost of a company to go bankrupt. They don't do it for write offs, they do it to profit.

Write offs don't magically increase your income. Its kinda like how people think about the mortage interest deduction - some folks think that by paying interest on their mortage they are saving $$$ on taxes by being eligable for the deduction. But the reality is the fact that the deduction is less than the interest paid, so you are still worse off than having never paid the interest (from the tax angle anyway).
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Posted 03 March 2021 - 10:26 AM

The money laundering was more of just a suggestion before I read all of the info on it, kind of a joke. It just doesnít look like a company that is trying to bring Buell back and make it a successful motorcycle company. It looks like a big business strategy to save, or make a few extra bucks on the side. I would bet that this is just another short venture for the Buell name.

I do know what money laundering is though. And unless this company is into some major illegal activity, its obviously not actual money laundering.
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Posted 03 March 2021 - 03:34 PM

View PostPOE, on 02 March 2021 - 09:26 PM, said:

loop hole ... tax write off

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