01-05-2018, 03:20 PM | #1 |
Drives: 2017 Camaro; 2017 Acadia Denali Join Date: Jun 2016
Location: Chicago, IL/Williams Bay WI
Posts: 1,022
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Mishimoto = Ponzi Scheme?
Sure seems that way, and I believe the Admins need to get involved at this point. Mishimoto has had a few products they've "released" in the past 12 months where there have been significant delays. Most recently being their long anticipated Cold Air Intake for the 2.0T powered cars. Mishi announced this product back in 2016. On March 10th 2017 they posted in the 4cylinder modification forum that they would be accepting pre-sales. As of this post, 1/5/18, no one has received their parts. They've had excuse after excuse as to why they've been unable to ship this product as you can see in this thread.
http://www.camaro6.com/forums/showthread.php?t=458339 At this point, they've had people's money for nearly 10 months. They've been given an interest free loan essentially. It has all the hallmarks of a Ponzi scheme (taking money from new customers to pay for products to keep other customers happy). This needs to stop. It has happened with every product they've released in the past 12 months. They open pre-sales, entice people with a discount, then take their sweet ass time while lying to their customers about when the product will be delivered. They've used every excuse in the book, repeatedly. Oh, there's an error with the warehouse, or oh we found an engineering issue. EVERY SINGLE ITEM. And, the delays/excuses are getting worse with every new part. Someone needs to hold their feet to the fire and get some real answers.
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This is in no way a personal attack or confrontation, and is not necessarily the view
of the management or sponsors, and the thoughts contained herein are mine, and is not intended to hurt anyone's feelings or ruin their delicate self esteem, or to invalidate anyone's personal views or thoughts, nor is it a condemnation of anyone's race, religion, sex, sexual preferences, handicaps, or intellectual abilities. |
01-05-2018, 03:29 PM | #2 |
Drives: SW 1SS 1LE / Jeep XJ Join Date: Mar 2016
Location: WPB,FL
Posts: 799
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If you paid with PayPal I'd get my money back, definitely going to be interesting
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01-05-2018, 04:20 PM | #3 |
Drives: 2017 Camaro; 2017 Acadia Denali Join Date: Jun 2016
Location: Chicago, IL/Williams Bay WI
Posts: 1,022
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I don't think people can still make a dispute at this point nearly 10 months later.
__________________
This is in no way a personal attack or confrontation, and is not necessarily the view
of the management or sponsors, and the thoughts contained herein are mine, and is not intended to hurt anyone's feelings or ruin their delicate self esteem, or to invalidate anyone's personal views or thoughts, nor is it a condemnation of anyone's race, religion, sex, sexual preferences, handicaps, or intellectual abilities. |
01-08-2018, 10:56 AM | #4 |
603 Camaros
Drives: 2017 NGM I4 1LT Coupe Join Date: May 2012
Location: Manchester, NH
Posts: 6,779
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As much as i feel for the BS Mishimoto has caused no one has been charged anything for their parts. You pay for the pre-sale but they don't charge your card until they ship so no ones actually paid anything to them until then. Worse yet is you can get the products for the same price from vendors as the pre-sale price pretty much.
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MY 2017 I4 CAMARO BUILD JOURNAL | YOUTUBE | INSTAGRAM | 316RWHP - 385 RWTQ HPTUNERS DYNO TUNE | 12.693s @ 105MPH 1/4 Mile |
01-08-2018, 05:11 PM | #5 | |
Drives: 2017 Camaro; 2017 Acadia Denali Join Date: Jun 2016
Location: Chicago, IL/Williams Bay WI
Posts: 1,022
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Quote:
__________________
This is in no way a personal attack or confrontation, and is not necessarily the view
of the management or sponsors, and the thoughts contained herein are mine, and is not intended to hurt anyone's feelings or ruin their delicate self esteem, or to invalidate anyone's personal views or thoughts, nor is it a condemnation of anyone's race, religion, sex, sexual preferences, handicaps, or intellectual abilities. |
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