WELCOME TO RIVER DAVES PLACE

Speed cars hit the assembly Line

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Singleton

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Since no one has posted about having to reschedule Thanksgiving plans to pick up a car, I am guessing before Thanksgiving deliveries are not occurring. LOF will highlight Speed stated around Thanksgiving, so a week or two after is still acceptable to those waiting. Over promising and under delivering (I consider missing multiple target delivery windows under delivering), drives me nuts!

Don’t understand how those waiting have zero issues with delay after delay. I was pissed when my boat was delayed and then had to go back after DS07 to have a few things finished in the interior. But I got stuff in trade and a few extra upgrades as a surprise that made me calm down after the fact. Speed deposit owners just get to see finance rates increase (if they are financing) and the market to sell and make some money going down each day (toy purchases are getting slow and based on last nights election, it is going to get worse).
 

LargeOrangeFont

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Since no one has posted about having to reschedule Thanksgiving plans to pick up a car, I am guessing before Thanksgiving deliveries are not occurring. LOF will highlight Speed stated around Thanksgiving, so a week or two after is still acceptable to those waiting. Over promising and under delivering (I consider missing multiple target delivery windows under delivering), drives me nuts!

Don’t understand how those waiting have zero issues with delay after delay. I was pissed when my boat was delayed and then had to go back after DS07 to have a few things finished in the interior. But I got stuff in trade and a few extra upgrades as a surprise that made me calm down after the fact. Speed deposit owners just get to see finance rates increase (if they are financing) and the market to sell and make some money going down each day (toy purchases are getting slow and based on last nights election, it is going to get worse).

Sounds like Tesla has driven you nuts as well waiting for your CyberTruck, right?

I keep asking why you are more annoyed than the actual deposit holders.. I never get an answer.

It is because the deposit holders want the best product possible, not something rushed out to appease those who don't have a car. Sure I would like to have had my car already and many people are annoyed by the delays. It is what it is. I've offered to buy anyone's early spots at cost... no takers. I don't see many spots transacting publicly.

Thenksgiving was never a specific date, it was week of or week after.
 

dirtslinger2

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Sounds like Tesla has driven you nuts as well waiting for your CyberTruck, right?

I keep asking why you are more annoyed than the actual deposit holders.. I never get an answer.

It is because the deposit holders want the best product possible, not something rushed out to appease those who don't have a car. Sure I would like to have had my car already and many people are annoyed by the delays. It is what it is. I've offered to buy anyone's early spots at cost... no takers. I don't see many spots transacting publicly.

Thenksgiving was never a specific date, it was week of or week after.

I've gotten a small update from RG, I am definitley not getting my car the week of Thanksgiving, with a couple weeks after? I don't see that happening either, but hopefully before Xmas/New years.
 

Singleton

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Sounds like Tesla has driven you nuts as well waiting for your CyberTruck, right?

I keep asking why you are more annoyed than the actual deposit holders.. I never get an answer.

It is because the deposit holders want the best product possible, not something rushed out to appease those who don't have a car. Sure I would like to have had my car already and many people are annoyed by the delays. It is what it is.

I am pissed about my truck being delayed. But I can walk at any time and get my $100 back. If the truck delivery window of late 2023 moves again, I am walking away. That will be 3 years and my patience will be gone. If I stay, I don’t have to pay any additional money until I confirm my build options. At least I know once Tesla says production has stated, deliveries will occur :)

Also, if you read my post, it is clear why I keep on asking.
Over promising and under delivering pisses me off, even when I have no money on the line.
 

Bpracing1127

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I am pissed about my truck being delayed. But I can walk at any time and get my $100 back. If the truck delivery window of late 2023 moves again, I am walking away. That will be 3 years and my patience will be gone. If I stay, I don’t have to pay any additional money until I confirm my build options. At least I know once Tesla says production has stated, deliveries will occur :)

Also, if you read my post, it is clear why I keep on asking.
Over promising and under delivering pisses me off, even when I have no money on the line.
It’s also only 100 bucks!! Vs 5k from speed lol.

I've gotten a small update from RG, I am definitley not getting my car the week of Thanksgiving, with a couple weeks after? I don't see that happening either, but hopefully before Xmas/New years.
Did Robby personally call you and tell you thanksgiving too?
 

LargeOrangeFont

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I am pissed about my truck being delayed. But I can walk at any time and get my $100 back. If the truck delivery window of late 2023 moves again, I am walking away. That will be 3 years and my patience will be gone. If I stay, I don’t have to pay any additional money until I confirm my build options. At least I know once Tesla says production has stated, deliveries will occur :)

Also, if you read my post, it is clear why I keep on asking.
Over promising and under delivering pisses me off, even when I have no money on the line.

Well we are only 18 months late, maybe that is why we still have patience. :)

How will you feel when the truck costs more than what you signed up for and fails to deliver the range promised for the price? More overpromising and under delivering., but you will put up with that for another year I guess?

It is great you are pissed for me, but you are pissing in the wind if you aren't in line. Go buy a Polaris if you want the latest and greatest. You are almost in the exact same position with the Tesla truck, and are still waiting.

I can sell my spot at any time and get my money back.
 

LargeOrangeFont

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It’s also only 100 bucks!! Vs 5k from speed lol.


Did Robby personally call you and tell you thanksgiving too?

Try locking your price in at a 30% discount from Tesla for $100. 😂 Tesla is gonna charge you 30% more than what they promised you when you gave them $100 and the range will be less.
 

JayBreww

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It is because the deposit holders want the best product possible,

Thenksgiving was never a specific date, it was week of or week after.
Arnt the cars the best they can be already? Or are they still in R&D?
I don’t really see how the cars can get better when he said he’s already building them?
He’s made statements of the first 100 already being completed like 2 months ago, why haven’t those been delivered?

Thanksgiving fell in line with his 5 week statement.
But that was after his statement of having customer cars at SSSS 2 months ago.
 

LargeOrangeFont

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Arnt the cars the best they can be already? Or are they still in R&D?
I don’t really see how the cars can get better when he said he’s already building them?
He’s made statements of the first 100 already being completed like 2 months ago, why haven’t those been delivered?

Thanksgiving fell in line with his 5 week statement.
But that was after his statement of having customer cars at SSSS 2 months ago.

I certainly don't what whatever they are doing rushed to satisfy genpop.

He also said they are doing some final revisions to those cars that were already built. Those guys don't want those rushed.

The statement about SSSS was invalid anyway. They could not deliver cars before their EPA and CARB cert in CA.
 

Singleton

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Well we are only 18 months late, maybe that is why we still have patience. :)

How will you feel when the truck costs more than what you signed up for and fails to deliver the range promised for the price? More overpromising and under delivering., but you will put up with that for another year I guess?

It is great you are pissed for me, but you are pissing in the wind if you aren't in line. Go buy a Polaris if you want the latest and greatest. You are almost in the exact same position with the Tesla truck, and are still waiting.

I can sell my spot at any time and get my money back.
In Q3 2019, Tesla stated the truck was forecasted to start deliveries in fall 2022, now that is fall 2023.
Only a year behind what was originally stated. As for price, a company can’t survive selling cars for less than they cost to build, so I knew the price would go up .

Now let’s look at what Speed stated in Sept 2019 =The two-seat and four-seat will be produced in limited runs in 2020, as Gordon has announced a production cap of 250 vehicles. Gordon took well over 100 orders at the SSSS show itself, and combined with online orders has hinted that he’s already close to hitting his production run.
That equals 2 years from what was originally stated.
 

dirtslinger2

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It’s also only 100 bucks!! Vs 5k from speed lol.


Did Robby personally call you and tell you thanksgiving too?

He has twice now, but he said, possibly TG week, but most likely a couple weeks after. So I never took the TG week as a definite.
 

dirtslinger2

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In Q3 2019, Tesla stated the truck was forecasted to start deliveries in fall 2022, now that is fall 2023.
Only a year behind what was originally stated. As for price, a company can’t survive selling cars for less than they cost to build, so I knew the price would go up .

Now let’s look at what Speed stated in Sept 2019 =The two-seat and four-seat will be produced in limited runs in 2020, as Gordon has announced a production cap of 250 vehicles. Gordon took well over 100 orders at the SSSS show itself, and combined with online orders has hinted that he’s already close to hitting his production run.
That equals 2 years from what was originally stated.

The slight difference in this, is the cars that were to be delivered in 2020, were stretched Arctic Cats/Textron's, easy to do. Once he saw the interest, and appetite for those, they decided to course change, and build something from scratch, so apples/oranges. In that time frame, they were also going to use an already built motor, and that didn't pan out, so they then needed to build their own motor.
So the 2019 car that was to be delivered in 2020, is not the same car that is being developed/built.
 

LargeOrangeFont

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In Q3 2019, Tesla stated the truck was forecasted to start deliveries in fall 2022, now that is fall 2023.
Only a year behind what was originally stated. As for price, a company can’t survive selling cars for less than they cost to build, so I knew the price would go up .

Now let’s look at what Speed stated in Sept 2019 =The two-seat and four-seat will be produced in limited runs in 2020, as Gordon has announced a production cap of 250 vehicles. Gordon took well over 100 orders at the SSSS show itself, and combined with online orders has hinted that he’s already close to hitting his production run.
That equals 2 years from what was originally stated.

Those dates are not what was stated in any of the official paperwork, but we’re the target dates stated by RG..and clearly the project, orders, and company grew exponentially after that.

The product also improved exponentially over what was originally sold. This was originally going to be a stretched Wildcat with a Yamaha turbo engine in it. It turned into a 100% clean sheet of paper design.

So I expected this to take way longer than the 15-16 months originally promised, because I know they could not produce what they were developing in that timeline.

Again it took Polaris well over 3 years to debut the Pro R and Turbo R.. and they already had the full interior and engines developed.. in the Turbo Rs case, the full drivetrain was already developed.

You can go buy a year old 2022 version of those today for $50k OTD… and well over $40k OTD for a Turbo R that is down 50 HP from a Speed car.
 
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baja-chris

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I’m not financing so don’t care about interest rates. I’m not flipping for profit so don’t care about market timing. But I am growing impatient waiting and a bit nervous as it seems they really have no idea when shipments will commence. I hope there is not some major issue being hidden from public. I will be very relieved when I see the first customer batches are actually delivered to paying customers. It has been a very long wait.
 

LargeOrangeFont

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I’m not financing so don’t care about interest rates. I’m not flipping for profit so don’t care about market timing. But I am growing impatient waiting and a bit nervous as it seems they really have no idea when shipments will commence. I hope there is not some major issue being hidden from public. I will be very relieved when I see the first customer batches are actually delivered to paying customers. It been a very long wait.

Agreed 100%.
 

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@LargeOrangeFont if they are delivered after January 1st 2023 are they going to be 22 models or 23 models also how do you go about insurance with a new vehicle how will they establish the actual value of the car for insurance purposes
 

LargeOrangeFont

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@LargeOrangeFont if they are delivered after January 1st 2023 are they going to be 22 models or 23 models also how do you go about insurance with a new vehicle how will they establish the actual value of the car for insurance purposes

They are all 2023 models. If they are delivered tomorrow or Jan 1 2023. If you can get financing, which you can, you will have to be able to get insurance.
 

outboard_256

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Sounds like Tesla has driven you nuts as well waiting for your CyberTruck, right?

I keep asking why you are more annoyed than the actual deposit holders.. I never get an answer.

It is because the deposit holders want the best product possible, not something rushed out to appease those who don't have a car. Sure I would like to have had my car already and many people are annoyed by the delays. It is what it is. I've offered to buy anyone's early spots at cost... no takers. I don't see many spots transacting publicly.

Thenksgiving was never a specific date, it was week of or week after.

You haven't been looking very hard for spots then. I see probably 4-5 speed spots being sold every week on facebook. Many of them at what they paid with the discounts. Those seem to move pretty fast. More want to mark it up $2k+ and they to sit longer. Here are a few I pulled just for the last week. First couple are with early spots with no markup if you are really serious about buying more spots. Or are you just talk?

speed_forsale.png
 

Singleton

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@LargeOrangeFont if they are delivered after January 1st 2023 are they going to be 22 models or 23 models also how do you go about insurance with a new vehicle how will they establish the actual value of the car for insurance purposes
Most recreational models years start Oct 1. So built after Oct 1, 2022, they can be sold as 2023 models.
The vins posted had 22, but those can be used for 2 years before they need a new vin to be sold.
 

buck35

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Isn't someone's deposit set to go up about midnight of 12 3
 

LargeOrangeFont

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You haven't been looking very hard for spots then. I see probably 4-5 speed spots being sold every week on facebook. Many of them at what they paid with the discounts. Those seem to move pretty fast. More want to mark it up $2k+ and they to sit longer. Here are a few I pulled just for the last week. First couple are with early spots with no markup if you are really serious about buying more spots. Or are you just talk?

View attachment 1170484

So pretty much what I said.. anyone can get out at any time and not lose a dime.
 

LargeOrangeFont

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why you guys continue to use Tesla and speed as a comparison is the most ridiculous thing on here.

Why? They both over promise and under deliver.

Wind the Tesla clock back to 2006 when Tesla was a startup and they delivered the Roadster.. delivering those was a shit show. And they only made 3000 total.

The most ridiculous thing on here is the non customers crying harder than the actual customers.
 

Singleton

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Why? They both over promise and under deliver.

Wind the Tesla clock back to 2006 when Tesla was a startup and they delivered the Roadster.. delivering those was a shit show. And they only made 3000 total.

The most ridiculous thing on here is the non customers crying harder than the actual customers.
You sounds like a Democrat.
If someone shares a POV and it does not align with yours, you bully them until they leave the thread.
Who gives a F if I have a deposit, I am allowed to share my POV.
Your Speed cheerleading skills are insane
 

LargeOrangeFont

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Actually, I think what you said is you would buy up anyone's spot if it's the original low price, but you haven't found any yet.

I said that too. And also said anyone could get their money back in a couple of days if they wanted out. Maybe several days if they wanted to make a couple bucks.
 

LargeOrangeFont

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You sounds like a Democrat.
If someone shares a POV and it does not align with yours, you bully them until they leave the thread.
Who gives a F if I have a deposit, I am allowed to share my POV.
Your Speed cheerleading skills are insane

Where did I say you could not share your POV? I just asked why you were more upset than actual customers. There is 100 pages of people sharing their POV on this.. so saying it is not allowed or I am not allowing it is simply not true.

You asked why more people are not pissed, I answered your question and you don't want to accept it. I have not bullied anyone that didn't bully me. You aren't bulling me, and I'm not bulling you.

If I sound like a democrat, you embody one. You are doing one thing with Tesla, and whining about the same thing with Speed. A couple details are different, but both have a undeniable track record of under delivering and over promising. You accept it from Tesla because you want a Tesla. I accept it from Speed because I want a Speed UTV.

If my skills are insane, then the others that respond to my every post on the matter are just as insane aren't they? :)
 

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has one car been delivered yet, or have a real delivery date? who's to say that when delivery date comes, Speed says "to get your car, it'll be 7k more".... or are there legit signed contracts / purchase orders with wording that limits that?
 

dirtslinger2

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has one car been delivered yet, or have a real delivery date? who's to say that when delivery date comes, Speed says "to get your car, it'll be 7k more".... or are there legit signed contracts / purchase orders with wording that limits that?
I docusigned my finalized order, it has prices and accessories, but no delivery date.
 

angiebaby

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At $32K I literally don't care. Prices on these things are not going down.

I also understand not everyone is in that position.

So if you have to wait 10 more years, you don't care? What about 15? 20? Let's say there is a class-action lawsuit in 3 years. You don't participate because you are willing to wait forever for your vehicle? I believe there is a point where you will decide you've had enough of the wait and want your deposit back. You just don't believe it will get to that point.
 

LargeOrangeFont

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So if you have to wait 10 more years, you don't care? What about 15? 20? Let's say there is a class-action lawsuit in 3 years. You don't participate because you are willing to wait forever for your vehicle? I believe there is a point where you will decide you've had enough of the wait and want your deposit back. You just don't believe it will get to that point.

Does anyone here really think this will take another 10 years? Let’s be realistic here. They have running cars. The obvious answers are probably the most likely ones. The design of the car is done. The testing has been done, most if not all of their validation has been done. They are stalling because the factory that is going to build these long term is in Mexico, and is not up and running yet at worst (very likely) or nearing operational at best. That is why they are unsure on deliveries past 200 or whatever.

If it took 10 years from now they would be out of business by then. Are they going to go out of business? I think that probability is near zero with their given pipeline of 16k units. Let’s say the economy crashes and they only make half.. there is still enough margin there to make them whole on standard industry margins. Obviously they are not going to sell these at a loss or a wash after the first 1500 or so cars, and pending 7000 engines don’t blow up they will be likely into profit or well on their way. They are already working with experienced manufacturing partners that know how to plan for warranty items. Hisun is not new to this. That said there will be absolutely be problems. But those problems are mine to deal with, not yours or anyone else’s.

The probability of them being bought out is probably higher considering they have a fully developed product ready to produce. We don’t know anything about who is backing this and what percentages. We do know they don’t have to answer to shareholders, and don’t seem to have a ton of overhead.

If there is a class action lawsuit that may or may not preclude me from getting a car, depends on the suit. I probably would not be a part of it at all by selling the spot today anyway. How would I have been harmed if I got all my money back by selling the spot?
 
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Ace in the Hole

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You sounds like a Democrat.
If someone shares a POV and it does not align with yours, you bully them until they leave the thread.
Who gives a F if I have a deposit, I am allowed to share my POV.
Your Speed cheerleading skills are insane
If they could bottle his grip on RG’s nutsack they would bankrupt every epoxy manufacturer in existence. 🤣🤣🤣🤣
 

riverroyal

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You've missed many memos :)
so do all the 'Can am is built in mexico' bashing get retracted?
This Speed shit show just gets more and more odd.
Mex is better than china. But Texas was the original location. We were debating trucking logistics 2 years ago from there!!!
 

jesco

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So where are we at timing wise with the people that "got the call", paid in full, and by a lot of accounts on here RG had (30) days to deliver or was breaking the law? Gotta be getting close if not past that (30) day deadline.... and still no cars, still no INKED delivery dates, no pics of 100 built cars ready for shipping/delivery, nothing... Jus some more videos on how the molds for the doors were done, live dyno videos, etc... This thing seems like its not moving in the right direction at all!!! I have a few friends with deposits, some dont care, some are pissed, Id say its a 50/50 split. Hope it all works out, but starting to look like some people might be missing another season if they already sold their toys awaiting a SPEED car.
 

Singleton

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So where are we at timing wise with the people that "got the call", paid in full, and by a lot of accounts on here RG had (30) days to deliver or was breaking the law? Gotta be getting close if not past that (30) day deadline.... and still no cars, still no INKED delivery dates, no pics of 100 built cars ready for shipping/delivery, nothing... Jus some more videos on how the molds for the doors were done, live dyno videos, etc... This thing seems like its not moving in the right direction at all!!! I have a few friends with deposits, some dont care, some are pissed, Id say its a 50/50 split. Hope it all works out, but starting to look like some people might be missing another season if they already sold their toys awaiting a SPEED car.
If paying cash and paid when RG called, only an issue if buyer pushes the issue.
If financed and the customer had loan funded with car as collateral (could be an issue if the bank audits the loan).

I don’t think either of those have taken place. Those that financed, will have to reup the loan and the rate will change once car is ready.
 

LargeOrangeFont

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If they could bottle his grip on RG’s nutsack they would bankrupt every epoxy manufacturer in existence. 🤣🤣🤣🤣

With me on his nuts and you all picking through his shit, wanting a place in line seems like we have all bases covered 😂
 
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LargeOrangeFont

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So where are we at timing wise with the people that "got the call", paid in full, and by a lot of accounts on here RG had (30) days to deliver or was breaking the law? Gotta be getting close if not past that (30) day deadline.... and still no cars, still no INKED delivery dates, no pics of 100 built cars ready for shipping/delivery, nothing... Jus some more videos on how the molds for the doors were done, live dyno videos, etc... This thing seems like its not moving in the right direction at all!!! I have a few friends with deposits, some dont care, some are pissed, Id say its a 50/50 split. Hope it all works out, but starting to look like some people might be missing another season if they already sold their toys awaiting a SPEED car.

Your friends should by a car and sell their spot in line if they are pissed.
 

LargeOrangeFont

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Some did... was just asking a question FFS...

That is probably the best answer if they are tired of waiting and don’t want to miss a season. They said early deliveries will be in 3-4 weeks… they don’t know when deliveries will be beyond that.
 
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