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05-29-2013, 03:16 PM | #1 |
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Epps Nissan in Middlesboro, KY closes - customers complain about loan payoffs
A news report indicates that Epp Nissan in Middlesboro, KY has closed abruptly and left some customers with unpaid loan payoffs on vehicles that were traded to the dealership. For a link to the full report - click here
With the auto industry rebounding for the past few years and the relative strength of a Nissan dealership I'm surprised to read about the closure of Epp Nissan. I wonder if there's more to the story? Wouldn't a Nissan franchise in Middlesboro, KY attract enough interest that a struggling dealer would be able to structure a buy/sell instead of closing the store down? I wonder who the flooring source was and whether they pressured the dealer to close before more losses mounted? |
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