Did you see the article in Forbes on Harley? I happen to know for a fact that Harley makes a good % of their profit off of their finance group, because, lets face it, how many people pay cash for a Harley? This article basically states that Harley has been lending money to dirtbags that haven't been paying it back. It also states that HD will be further affected by the its supply inventory - bikes haven't been selling and they haven't been able to keep their inventory at the artificial low levels they typically do, so the bikes have been depreciating faster than usual. I don't believe it - as any Harley person on this site can tell you, Harley's are investments that never depreciate, and people who can't afford Harleys don't own them... what do you think?
http://www.forbes.com/markets/2007/03/14/harley-subprime-losses-markets-equity-cx_rs_0314markets33.html
2007-03-15
03:32:31
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16 answers
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asked by
Anonymous