Print Page - Not Holding Their Value Either

Title: Not Holding Their Value Either
Post by: usbusin on July 12, 2011, 09:06:59 PM

The guys over on the Escapees Heavy Duty Truck site, posted this one:

2001 Kingsley Custom Coach 45', C15 Cat 495 hp, 60,000 miles - $89,500

http://www.customautotx.com/web/1800/vehicle/1471572/2001-Kingsley%20Coach-Custom%2045%27 (http://www.customautotx.com/web/1800/vehicle/1471572/2001-Kingsley%20Coach-Custom%2045%27)

So, it's not only bus conversions that are in the tank.

Title: Re: Not Holding Their Value Either
Post by: Busted Knuckle on July 13, 2011, 08:10:28 AM

Yer right it's not just buses in the tank. It's the whole USA economy and the let's borrow our way out of debt idea that is in the tank!
;D BK ;D

Title: Re: Not Holding Their Value Either
Post by: boxcarOkie on July 13, 2011, 10:02:45 AM

Kingsley went into the dumper a long time ago, they had two facilities, then they downsized to one, and then shortly afterwords, their stock bottomed out to nothing. They could not get refinancing so they shut their doors and closed up shop. Kind of went the way of custom bus converters and such. If you have one now, you are an orphan.

BCO

Title: Re: Not Holding Their Value Either
Post by: luvrbus on July 13, 2011, 10:25:26 AM

They got in trouble when the CEO had storm a brain he could build a bunch and rent them out that was their downfall that is a lot of coach for money maybe the guys from MN can shed a little light but I think if my memory isn't completely gone that C&J Bus was tied to Kingsley some way at one time

good luck

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Bus Discussion => Bus Topics ( click here for quick start! ) => Topic started by: usbusin on July 12, 2011, 09:06:59 PM