Not Looking Good For Kruse

[BARNFOUND YENKO]

[ QUOTE ]
Sellers beware. Moral of the story, don't take your vehicles to his auctions to sell. He is building a house of cards. Just a matter of time...

[/ QUOTE ]

Exactly why i don't fool with auctions. Ive never had a problem advertising and selling my cars on my own.

[JRSully]

Somebody certainly lent Kruse a ton of money. Sounds like the defintion of " If your gonna offer it, I'm gonna take it". Seriously, It was a small auction house, what kind of collateral could possibly warrant those loans.?

[CC Rider]

And take it they did, just about all of it!

[musclecarjohn]

and who's next...?

[gb70]

kind of like a pyramid scheme, last ones in lose!

[BUIZILLA]

11,000 cars a year x $$$$$ each = bankruptcy?

not sure I understand that business plan...

[Bill Pritchard]

Kruse has been in a downward spiral for many years now, and anyone who has consigned any vehicle with them in the past 5 years or so doesn't have much business acumen IMO.