Pep Boys

[lnwlf40]

Maybe I missed it, but has anyone read the news about Pep Boys being up for sale ? I have read items on Yahoo and MSN about this. I don't know if this would effect us or not.

Already brought to the table in another thread.

 

[Rickb]

*85 m cash!!!! a "few million "more to get EM running, and I for one would have my "NON -Es serviced. Paul, get on the horn and give 'em a peek. The downside, they lose a 1/4 of their sales on replacing all the E tires!!!, not to mention rear tire rotation!, wiper blade replacement!!, and..................

They lose that 1/4 anywho with the buy three get one free promo's. No downside!

 

[AriLea]

Well, I think since EM have found an production tire to use while waiting for the new tire, I think Bridgestone would want keep their EM agreement to lock out competition from the niche. Otherwise pepboys would have to stock that tire too.

Either way, I suspect that pepboys having this Elio deal is part( big or small ) of the calculation for the acquisition.

 

[Rickb]

I was looking at a 175 mile drive to get to the nearest Pep Boys but there is a Firestone store about 20 miles away. ( Almost everything is 20 miles away and that's how I like it). I have never been to a Firestone store that I can recall but the one near me is open 7 days a week which makes it better than any of the major dealers. (none of them offer service on Sundays)
With regard to the service deal with Pep Boys: I am sure that Paul had some sort of contract with them and if and when someone buys a company their obligations generally go with the deal. I would be surprised if our service provider went away as a result of this deal. It might go away if Firestone does not see a benefit to their bottom line down the road. Firestone is willing to service most, if not all, makes of cars so being a service center for Elio would not be a stretch for them. Especially since most of the service parts are common ones. I am sure Firestone already stocks the oil and air filters, brake pads, spark plugs, starter, alternator,and other parts that may need to be replaced. WRT Cooper tires the Elio will come with Coopers installed but Firestone does not have to stock them. When I have had a warrantee claim on a tire I went to a tire shop that stocked that brand and dealt with them. I look on this deal as a big plus for those of us who don't live near a Pep Boys and possibly a plus for those that do. There are some folks on this forum who always have a dropped slice of butter bread fall butter side down so I eagerly await hearing about all the potential down sides to the deal.

I use so much butter on my bread that it always falls butter side down because of the added weight. I wouldn't pick it up off some floors and eat it regardless. I like the idea of the Bridgestone buyout and it's potential advantages.

 

[Ian442]

They lose that 1/4 anywho with the buy three get one free promo's. No downside!

Let's not kid ourselves. Those deals are like Vegas. The house always wins.

 

[Rob Croson]

There are a ton of Firestone shops around my work, and one very close to home. Much better than a 45 minute drive to pep boys. This could be very good news.

 

[John Painter]

There are a ton of Firestone shops around my work, and one very close to home. Much better than a 45 minute drive to pep boys. This could be very good news.

You can, of course, take any vehicle to any shop (or do it yourself) for warranty service, though it's nice to know there is a net work of service locations familiar with ones specific vehicle.

 

[Rickb]

Let's not kid ourselves. Those deals are like Vegas. The house always wins.

Yep, that's what I meant by no downside for Bridgestone.

 

[Keith Dahl]

Already brought to the table in another thread.

story of my life

 

[Rleith]

I wonder if the sale will affect the deal Pep Boys has with Elio to do the servicing?