PDA

View Full Version : Amadas Purchases Featherlite,Inc.



Jim Skiff
12-18-2008, 04:52 PM
I just received this from Shannon Adams:

Click Here to link to press release. (http://www.prevostownersgroup.com/public/index.cfm?fuseaction=articles.view&id=6310&publicationtype=Articles)

Joe Cannarozzi
12-18-2008, 06:10 PM
That seems a natural fit. They both catered to the Nascar crowd.

Go fast and turn left:)

garyde
12-18-2008, 11:12 PM
Mystery solved. Its about time. I was wondering when the other shoe would drop regarding Featherlite. This company has been on the block for a long while now. Hopefully Amadas can give stability to this Brand. If you recall, last year Featherlite was heavily discounting, read; dumping, Prevosts on the market. This brought values down for everyone.

bonhall41
12-18-2008, 11:31 PM
I hope this gives the company some much-needed stability. I also hope that it doesn't negatively affect the value of the coaches that some of us own. I don't know much about Amadas so don't know how all this will shake out. I imagine when we get the official word from Featherlite, it will be with a very positive spin. Of course, at this point, we're most concerned about service issues. We'll probably see how they handle these issues before too long.

Bonnie

jack14r
12-19-2008, 07:20 AM
I was in Mocksville,NC at the old Featherlite sales and service center last month and one of their old employees who works for a trailer repair company now told me that Featherlite would not make it past December,they had 28 new coaches in inventory,and they had not sold a new coach from inventory in months,I guess he was right.He also confirmed that they had sent back to Prevost 3 or 4 shells.The Press release did not state that Amadas purchased the Manufacturing facility or the finished coaches,it did state that the Featherlite will have a sales center in Florida,I would bet that they will blow out all of the inventory ASAP.Most of us knew that the current climate could take out any manufacturer in this industry,I hope that this is the last one and the remaining converters get stronger.

Jon Wehrenberg
12-19-2008, 09:01 AM
Be prepared for another round of ridiculous prices on new coaches. Nobody can afford to sit on that much inventory so it can be expected that pricing will be at distress sale levels, and just like the last time that was done there will be a ripple effect that will drag the entire market down with it.

This can be sugar coated, but the bottom line is that Vantare or Featherlite was losing lots of money and the net result can be the infliction of a lot of pain to not only the existing converters, but to owners who will see their coach value drop further. It is going to take years for this industry to get healthy, and until then my guess is that coach values are going to be depressed, which is good news for buyers.

If a converter needs to get $1,400,000 for a new coach they are selling, it will be very difficult for them to justify why they need to get that much when a bunch of brand new coaches are going out the door for $900,000. This is where brand loyalty comes into play and it may be the only thing that keeps some converters alive. Just my opinion.

flyu2there
12-19-2008, 10:31 AM
Those who were in Pahrump earlier in the year will remember the Teschner Coach, believe it was a double slide 40 and quite well done. I recall Ms Techner stating to a group of us that we could drive it home for something in the vicinity of 1.4 million...............today they have that same coach advertised at 850k and I would suspect there is wiggle room in that!

The really brave could garner a controlling interest in Monoco Coach for a shade under 7 million, last year the stock was trading in the low teens and two years ago it was in the mid twenties. Buy it, find a way to get into the TARP, double you money when it hit 1.00 and run....just a thought:cool:

hhoppe
12-19-2008, 01:42 PM
When I saw Dave Wall in October in Reno at a Liberty sponsored event I explained how happy I was to be out of the two bus club. He said " How would you like to be in the 37 bus club " I sure hope all the converters make it through this period of great uncertainty. I was born in the middle of a depression and I hope I don't have to die in one.
You all have a Merry Christmas.

Jon Wehrenberg
12-19-2008, 02:05 PM
John,

You may be suggesting the purchase of Monaco in jest, but that is exactly what may happen. I bought a number of businesses when times were tough and the assets could be had very inexpensively.

I don't know if Monaco has a halo product, but knowing manufacturing I'll bet they have some very expensive assets. The bad news is those assets are likely mortgaged to the hilt. The good news is the secured creditor is usually realistic and does not want to run an RV manufacturing business. Owning the controlling interest is a waste of money. Owning the assets used to produce the product, especially if purchased inexpensively puts you in business for pennies on the dollar.

The problem today is the reason everybody is in distress is RVs are toys, and toys (especially expensive ones) are the first things people stop buying or owning. The key to success in this is to buy the assets on the very day the economy roars back to life. Problem is my calendar does a lousy job of predicting the future.

flyu2there
12-19-2008, 05:49 PM
Ok Jon,

I'll go half if you will!!:D

Jon Wehrenberg
12-19-2008, 09:45 PM
Been there, done that. I saved a lot of bankrupt businesses and they still exist today, but the last one I started from scratch. It was a whole lot more fun than cleaning up after someone.

But not as much fun as sitting around the house in the morning drinking coffee and giving out bad answers to Prevost questions.

Yankee802
12-20-2008, 05:11 AM
So when I asked if there was ANYONE in my area that could work on my coach, nobody knew about this place?!? Would they not be an option (and probably my ONLY option) for any kind of service for me here in the Norfolk/Suffolk area?! My montly runs are very close to their location. And to think I was considering driving all the way to Jacksonville to take my coach to Prevost there just for maintenance. I mean a conversion company has to know about the shell and it's systems and be able to do maintenance, right? At the very least they should be able to help me with my roof and awnings, I should think.

Geoff

Jon Wehrenberg
12-20-2008, 08:21 AM
Geoff,

I come at this from a different perspective because I do all my own work with only a few exceptions. I won't pull a transmission or engine, but apart from that I will tackle most jobs. However I am pretty well equipped to handle the work.

You have to evaluate what needs to be done, and then decide if it something you can do, or if someone else should do. Let's use your roof awnings as an example. Assuming you are going to install a set of ZipDee manual awnings you need a helper, two ladders, a pop rivet gun, a drill with sharp drill bits, and sealer(s). I am sure ZipDee has specific installation instructions so following them eliminates any questions. In half a day the big awning can be installed. If you do not want to do it yourself, at least study the instructions before finding an RV dealer willing to do the installation so you can monitor the procedure and make sure it is done properly.

The same applies to everything else. Get familiar with what you want done and find the best place to take the coach. Prevost is real good at building buses, but likely not so good at hanging an awning. Prevost can do a good job with hub seals and air bag replacement. But they are unlikely to repair a transmission. Detroit and Allison dealers are the go-to folks for the engine and transmission.

Problems with the house portion that you do not want to tackle are best left to someone with experience. A Marathon of your vintage is not likely to have computerized systems requiring special knowledge so a competent RV dealer can likely fix anything in the house.

What you have to decide is what you want others to do, and then monitor their work. You don't need to go to Prevost in Jacksonville for routine maintenance. A good truck maintenance facility should be able to handle oil changes, lube jobs, coolant changes, and simple repairs, including air bags and brake chambers. They should also be able to diagnose and repair alternator problems, air compressor problems, power steering problems, etc.

What you need to do is learn your coach so you do not become a victim. When you get the leans for example it is almost like everybody out there wants to take all your money, and the pain does not stop until all of you money is gone. Stuff like that requires you to either be proactive in directing the repairs, or just leave your wallet and all credit cards.

I know from experience that learning the system and doing my own work may take significantly more time than letting an expert do the work, but I get the benefit of learning more about my bus, saving the huge costs of travel to the expert, and not experiencing the frustration of having to return the coach to repair the repairs.

Will Garner
12-20-2008, 09:31 AM
Geoff,

OK, I did not think of Amadas in Suffolk as a possibility for your service needs. In my defense it may have been the result of my experience this June. In case I have not told you, Carole and I went on a 7,000 mile trip around America vacation. Well not all vacation, I had work to do for the Men's U. S. Open Golf Championship. It was held in San Diego so NC to SD was one leg done in just under four days. Not much time to see anything but enough time and temperatures to burn out the two control switches for the Galley and Bedroom Country Coach OTR air conditioning. It went something like this: Carole makes walks to the bedroom in the early days of the first leg and says, "Wow its cold enough back here to kill hogs!" Good thing I was driving or I could have been in trouble. Well maybe on the third day while in Arizona the walk results in a comment "Its hot back here now." Of course we had the dash air conditioning keeping us cool up front so did not know the other two units had quit working. I guess that is what happens when you leave the switches on wide open cool (high fan).

But hey, our plan was to go north on I-5 after SD which meant we were going right through Junction City, home of who else, Country Coach. Surely they would be able to do the repair (service) work and send me on down the road home in cool comfort. Well was I ever shocked. Turns out that CC was only doing warranty repairs and of course my CC is well beyond any warranty considerations.

So now for the moral of the story, "Just because they are a converter doesn't automatically mean they will do service or modifications on any coaches not covered by a warranty".

If I recall, your coach falls into the same category as mine, "As is, No warranty!" Hey Roger, wake up, that is what stickers say on used vehicles isn't it?!

flyu2there
12-20-2008, 10:11 AM
Will,

I have had similar experiences with Country Coach, their problem seems to be that they required appointments months in advance. While their facility is very large, 30 or so bays I do recall, so is their backlog. Another issue is finding someone to repair the older Prevosts, most of their mechanics that did those repairs have either retired or died off, unfortunately their manuals seem to have sufferred the same fate. I took my coach back when it was 4 years old for a computer (motherboard issue) and all the service people could say is that they wern't sure if they had all the necessary books for old coaches! Finally found someone who new the busses and problem was solved but not without a good deal of agony. Country Coach does, on the other hand, have a couple of tech support guys that really do know all of their busses and have access to most of the drawings and vendor lists....next time either call or have your favorite mechanic call Jim Craig in technical support, he is a Marathon transplant who can answer just about every question.

John

truk4u
12-20-2008, 10:16 AM
Yank,

Talk to Mango, he's north of you and spends plenty of money taking care of two buses, so he may be able to point you in the right direction.

Yankee802
12-20-2008, 02:01 PM
All good advice, appreciate it. Thankfully, except for a small leak, everything is fine with my coach (to my knowledge anyway), but just want to secure sources for any problems that may pop up down the road, and for the maintenance I can't do. Of course if I had the facilities and tools, I'd try to do a lot more then I can now. Unfortunately living in a campground prevents me from doing a lot. I can/will probably seal the roof, I would just rather a pro do it so it's done right and pretty. I tend to go too slow due to my anal nature in wanting thigs as close to perfect as I am able, and not having facilities, tools or knowledge slows me down even more. :)

Will Garner
12-20-2008, 04:53 PM
John,

As the title says. I was in Junction City this June. I went to CC for repair/replacement of the Galley and Bedroom A/C. Nope, not here, go to Guarantee RV six blocks away. I did as directed. I then had to personally go from the RV repair shop I was referred to by CC back to CC because they were not returning phone calls to the RV repair shop. Remember, I was on the far left coast trying to go home to the far east coast. I met Jim Craig in person and he was very helpful.

After getting home and having the replacement switches installed by Carrier TransiCold techs I was told it would be good to have spares because these were really cheap switches. Great, so I got back in touch with Jim Craig and was summarily told they could not take direct orders for parts. I was directed to go through their representative dealer closest to me. Well that is Carolina Coach in Clermont NC, about two hours west of here. I went past their shop in early September and gave them a copy of the wiring diagram with the part number for the switch. That should be a pretty easy order. Well, TransiCold had broken one of the illuminated toggles so I took them to the coach and showed them the broken one. I also asked them to see if I could obtain a replacement panel as it had been cracked and chipped with each tech that had to go behind it. It was the first week of December when I got the three switches.

Miles is trying to help me locate a fab drawing of the panel I need through a personal contact inside CC. If he can get his hands on it I'll send it to Custom Instrument Panels in Carson California to get one made. If he can't, I'll have to take the panel I have out of the coach and send it to CIP.

Thanks for the advice anyway.

garyde
12-20-2008, 11:11 PM
Hi Geoff.
When I lost my Zip Dee last year on the Hwy in Nevada, I called Zip Dee and they ordered a new one and shipped it to their nearest authorized installer which happened to be a Gulfstream Dealer in LA. So call Zip Dee and find out where the nearest authorized intaller is located.

lewpopp
12-21-2008, 11:15 PM
They gave me their closest Zip Dee dealer and they were not better than an ordinary shop. I'd do it myself.

I have the 3 window awning completely off with the exception of the rail permenately attached to the coach. Mine need re-sewing. Am ready to re-assemble it this week and away we go.

Just a reminder: take a close look st your "flexible link" on your manual shades. That is normally the first to go. Of course my coach is a vintage and if the awning materail was put on 19 years ago, it's awesome material. Not that cheap crap in the plastic coaches.

Joe Cannarozzi
12-22-2008, 12:56 AM
There is one of these Amadas for sale on the free side with a second rear master bath, a 2009. It lacks rivets but only because it is an H:rolleyes:.

We love this floor plan.

Yankee802
12-22-2008, 01:37 PM
Just talked to a nice lady (didn't get her name) at Amadas Coach and was happy to hear they would be willing to service my coach for all my house/shell needs. For maintenance needs, she refered me to Western Branch Diesel, whom they use for their Prevosts. So, looks like I'm getting my ducks in a row for all my coach's needs. (that I can't do myself) :)

Geoff