Reflections on GTM over the years

Neo187H · 09-12-2014, 08:18 PM

Quote:

Originally Posted by 1slow370

Considering there are still people getting money back even after the filing it looks like he is trying to keep it alive, explains why everything is going so slow though.

From the few comments on this thread it looks like the only people that have gotten their money back has been through credit card charge backs handled by the customer, not something that GTM voluntarily did. I myself am still waiting as well as many others.

LIL_G13 · 09-12-2014, 08:53 PM

Quote:

Originally Posted by Neo187H

From the few comments on this thread it looks like the only people that have gotten their money back has been through credit card charge backs handled by the customer, not something that GTM voluntarily did. I myself am still waiting as well as many others.

I got a refund in the way of parts. I drove 6 times down to there location (8hr round trip drive) but after seeing all this and them filling chapter 11 it was worth the drive. Good luck to all that are still waiting on refunds.

09nismo498 · 09-12-2014, 10:24 PM

Wow, looks like they still owe over $300k on that pipe bender too... like phunk said, love or hate the guy, its sad. Just hope everything comes out positively for everyone that has money tied up with them.

Cell · 09-12-2014, 11:11 PM

Quote:

Originally Posted by 09nismo498

Wow, looks like they still owe over $300k on that pipe bender too... like phunk said, love or hate the guy, its sad. Just hope everything comes out positively for everyone that has money tied up with them.

Z eliminator has 30k tied up. I feel sorry for him.

pokeyl · 09-13-2014, 01:05 AM

Quote:

Originally Posted by LIL_G13

I got a refund in the way of parts. I drove 6 times down to there location (8hr round trip drive) but after seeing all this and them filling chapter 11 it was worth the drive. Good luck to all that are still waiting on refunds.

Chapter 11 is not going to work for GTM, to small. It should end up converted to ch 7 during review. I can get all the aluminum brackets made if someone needs a part. It will cost but any good fab shop can make copies.

Z eliminator · 09-13-2014, 05:47 AM

Can some body tell me . is he still open for business, are his door closed, are there any letters posted on the inside of his doors saying that landlord has locked his doors?
i just looked at this post this morning.
tell me its not true.

Ill · 09-13-2014, 09:49 AM

Talked to him as well as Pablo yesterday. Still open

nomodsjk · 09-13-2014, 10:22 AM

Its a damn shame because they have some of the best mods for our cars. Just sux all the way around. My biggest question is how in the hell could they go under with all those people ordering so many high end packages from them?? I mean they had like over 100 people order their TT set up not to mention people like z eliminator who dropped 30k in one build. How in the hell could they be going under with all this work they have?? It doesn't make sense to me

nomodsjk · 09-13-2014, 10:25 AM

And what happens to the thousands of people who have their products when they need something replaced?? Are they going to be able to get their stuff fixed or replaced?? I guess they will have to wait for somebody to sell the used part they need??? Somebody please say it ain't so

Chuck33079 · 09-13-2014, 10:32 AM

Quote:

Originally Posted by nomodsjk

And what happens to the thousands of people who have their products when they need something replaced?? Are they going to be able to get their stuff fixed or replaced?? I guess they will have to wait for somebody to sell the used part they need??? Somebody please say it ain't so

Luckily there aren't a whole lot of parts that were made by GTM on their turbo kits. They mainly supplied plumbing. The manifolds are the issue since they're prone to cracking. Most of the other parts can be bought from their manufacturer.

dmhenderson · 09-13-2014, 11:32 AM

Quote:

Originally Posted by martin82

Does anyone know where GTM gets their pulleys from on their SC kits? like idler pulleys etc, I should prob find a spare

I have a 91mm spare somewhere if you're interested.

DEpointfive0 · 09-13-2014, 12:37 PM

Quote:

Originally Posted by Z eliminator

Can some body tell me . is he still open for business, are his door closed, are there any letters posted on the inside of his doors saying that landlord has locked his doors?
i just looked at this post this morning.
tell me its not true.

They're still open.

I don't think anyone really understands how bankruptcy works... (Not talking specifically to you Z eliminator). Anyways, filing for bankruptcy is a way for you to "restructure your debt". Honestly what it is, is protection from your stuff getting repo'd, AND you don't have to make payments on it (you should, but no one is gonna stop you). The disadvantage is that your credit goes to non existent. You need a loan to buy more turbos? No. Need to use your credit card? Ehhhhhhh... Good luck.
Now, speaking as a camel jockey (Sam is one too)... He'll probably let this business tank so he doesn't have to repay any of his debts, and start a new one IMMEDIATELY under some other families name and the GTM storefront we see will never close...

Z eliminator · 09-13-2014, 03:43 PM

at that point what happens to the goods . eg my engine, cams, and all the other parts ?
do they get sold off ? or does he complete the work ?

Z

Legz · 09-13-2014, 04:03 PM

Quote:

Originally Posted by Z eliminator

at that point what happens to the goods . eg my engine, cams, and all the other parts ?
do they get sold off ? or does he complete the work ?

Z

Good luck, perhaps you should give him a call... Hopefully he can do a special treatment for his fav customer...

Chuck33079 · 09-13-2014, 04:08 PM

Quote:

Originally Posted by Z eliminator

at that point what happens to the goods . eg my engine, cams, and all the other parts ?
do they get sold off ? or does he complete the work ?

Z

You of all people need to be contacting an attorney.

09-12-2014, 10:24 PM	#273 (permalink)
09nismo498 Base Member Join Date: Sep 2010 Location: Chicago burbs Posts: 207 Drives: 14 GTR Rep Power: 16	Wow, looks like they still owe over $300k on that pipe bender too... like phunk said, love or hate the guy, its sad. Just hope everything comes out positively for everyone that has money tied up with them. __________________ 2013 370z Nismo Turbo 2017 Lexus IS200T F Sport (DD)

09-13-2014, 05:47 AM	#276 (permalink)
Z eliminator A True Z Fanatic Join Date: Jul 2009 Location: Ontario Canada Posts: 1,659 Drives: 370 Z 7AT Sports Rep Power: 19	Can some body tell me . is he still open for business, are his door closed, are there any letters posted on the inside of his doors saying that landlord has locked his doors? i just looked at this post this morning. tell me its not true. GaleForce likes this. __________________ 12.343 @114.14 . 4.5 stroker motor is now being built. Dec 1 2015.

09-13-2014, 09:49 AM	#277 (permalink)
Ill Base Member Join Date: Mar 2012 Location: Bellevue Posts: 177 Drives: 09 370z Base 6MT Rep Power: 13	Talked to him as well as Pablo yesterday. Still open __________________ Old - GTM TT Stage 1 - 487whp / 415wtrq - bunch of goodies. New - 2011 Shelby GT500 - 2.3L VMP TVS - JLT CAI.

09-13-2014, 03:43 PM	#283 (permalink)
Z eliminator A True Z Fanatic Join Date: Jul 2009 Location: Ontario Canada Posts: 1,659 Drives: 370 Z 7AT Sports Rep Power: 19	at that point what happens to the goods . eg my engine, cams, and all the other parts ? do they get sold off ? or does he complete the work ? Z __________________ 12.343 @114.14 . 4.5 stroker motor is now being built. Dec 1 2015.

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09-13-2014, 10:22 AM	#278 (permalink)
nomodsjk Premium Member Join Date: Apr 2014 Location: martinsburg wv Posts: 2,073 Drives: 2011 370z MB/7at Rep Power: 19962	Its a damn shame because they have some of the best mods for our cars. Just sux all the way around. My biggest question is how in the hell could they go under with all those people ordering so many high end packages from them?? I mean they had like over 100 people order their TT set up not to mention people like z eliminator who dropped 30k in one build. How in the hell could they be going under with all this work they have?? It doesn't make sense to me

09-13-2014, 10:25 AM	#279 (permalink)
nomodsjk Premium Member Join Date: Apr 2014 Location: martinsburg wv Posts: 2,073 Drives: 2011 370z MB/7at Rep Power: 19962	And what happens to the thousands of people who have their products when they need something replaced?? Are they going to be able to get their stuff fixed or replaced?? I guess they will have to wait for somebody to sell the used part they need??? Somebody please say it ain't so