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What happened to the Myford sale thread?

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Chris Trice21/07/2011 19:17:04
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.... and welcome to the forum Alan.
Chris Trice21/07/2011 19:17:06
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.... and welcome to the forum Alan.
Carl O'Brian21/07/2011 21:24:43
7 forum posts
Would it be a good idea for somebody to contact the asset management company to find out exactly whats going on!!!


John Stevenson21/07/2011 21:45:03
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In what respect, ?
They seem to know what they are doing at the moment and remember they own all they are selling, they are not selling on behalf of Myfords now.
It's now reached the stage that owners have been found for everything even if they are being resold either now or later.
 
They are not required to update web sites they don't own just to keep people in the know. It's been made clear where they are if you want to buy something.
 
Everyone has the chance to go down to Myfords talk to Mark at the asset company and buy whatever is unsold be it machines , plant or tooling.
 
RDG did that and got the stores.
 
Whether the price suits is entirely up to you.
 
BTW the auction will be held at Myfords as it's too costly to move heavy machinery out to another site which makes sense if you think about it.
 
John S.
Michael Gilligan21/07/2011 23:46:35
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To quote from: http://pages.ebay.co.uk/help/policies/identity-ov.html

"Business sellers on eBay.co.uk are required by the Electronic Commerce (EC Directive) Regulations 2002 to display their contact details."

... Therefore; on the evidence available, we must presume "myfordlathes" to be a private seller, not a business.

MichaelG.
Mark Rand21/07/2011 23:58:55
1505 forum posts
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Since "Price Includes VAT!!" and a large number of lathes are being sold, it may be assumed that "myfordlathes" is a business, or is acting as one.
 
This raises the interesting feature that the sales are also covered by the Distance Selling Regulations and the Sale of Goods and Services Acts. This is because they are buy it now, instead of auction type sales.
 
It would be good to get that recognised by them before parting with any money.
Michael Gilligan22/07/2011 00:10:01
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However ... I now see that the ebay offerings include the statement "Price Includes VAT!!"

MichaelG.
Mark; you beat me to it ... now there are [again] more questions than answers!

Edited By Michael Gilligan on 22/07/2011 00:14:21

Edited By Michael Gilligan on 22/07/2011 00:15:53

Carl O'Brian22/07/2011 06:41:29
7 forum posts
Guys I can't believe we are having a go at this company, the way I see it they have a job to do and are giving us the opportunity to buy lathes and other equipment at a fair price. I was at the show on Saturday and Sunday and felt that the Asset company were more than obliging and courteous.

In a way we should all feel a little bit responsible for the demise of Myford, if we had supported them throughout the year by buying lathes etc.. They may of been stil trading today.
Chris Trice22/07/2011 10:27:46
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I agree with Carl. What's the problem? What do you expect of "Myfordlathes"? Should they offer a full spares programme or service facilities for the lathes they're selling? If they change their ebay user name, would that make everyone happy? Get real guys.
Neill22/07/2011 12:11:06
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7 forum posts
Hello everyone, I've been following this thread for the last week or so and thought it about time I signed up and said something.
 
It's a great pity about Myford, a really good product but at a premium price. The present economy is hard on that and what with a rather outdated way of buying spares etc I have to say I was not totally surpised.
 
I heard about it because I'd just ordered some tools over the phone. A couple of days later Linda phoned to explain what had happened, and sounded quite upset - who can blame her? Fortunately, other than needing to send a cheque payable to the asset co. I got my bits.
 
RDG now have a brief note on their website so it seems not all is lost. Like I say, it's a great pity but rather symptomatic of much UK manufacturing, premium priced products appeal only to the few who can afford them, and when that number drops so does demand, but wages still have to be paid.
 
Anyway, it's good to be on the forum and I hope to make more posts.
chairmanmick23/07/2011 10:47:19
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Following the information in this thread that 'myfordlathes' were selling off the stock lathes on ebay and that no information was displayed regarding business details ,someone has obviously questioned ebay about this as today the info is displayed;-
Company- Asset Preservation Partnership LLP.
Company Registration Number-OC328694.
VAT Reg No-GB916830713.
With regard to the lathes advertised as 'New' then the same buyer protection rights have to be given by the vendor as any other seller of new goods, so in the event of a problem occouring to the lathe after being sold then it will still be up to the vendor to put it right, replace ,or refund, the law is quite straightforward on this, Your rights as a buyer are protected even on ebay !! Were I looking to replace My aging ML7 at present ( which I am not1) then I am sure I would have no hesitation in looking to obtain a replacement big bore 7 from this source, but not at the advertised prices ! Most of the 'New' lathes are on buy it now or open to offer, so the opportunity is there to grab a bargain ,probably for the very last time, ( I did make an offer of £101 for a new S7 , but they rejected it !!!)
Cheers now, Mick.
Chris Trice31/07/2011 10:16:35
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1376 forum posts
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I understand that it'll be a few month before RDG get all their Myford stock listed and up for sale but for those who need brand new Myford Spares and can't wait, a large stock of spares bought just prior to Myford closing its doors are available here:
 
 
 

Edited By Chris Trice on 31/07/2011 10:17:10

David Clark 131/07/2011 19:22:29
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3357 forum posts
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Hi There
Just heard, Chris Moore's (Mr Myford) mother passed away last Thursday.
The condolences of the Model Engineer team go out to Chris.
regards David
 
Chris Trice31/07/2011 22:49:00
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Obviously 2011 is not a year that's going to be remembered fondly. My sincerest condolences to the Moore family.
ray jones 105/08/2011 05:56:54
54 forum posts
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Myford so what happens now.
 
It looks as if very few, if any, of the Myford lathes actually sold on the Ebay web sight.
 
Will the lathes be put in auctions?
 
 
 
any ideas ?
MartinTSW05/08/2011 13:46:41
5 forum posts
See
 
http://www.ppauctions.com/sales.php
 
for details of the plant auction.
 
Martin
David Clark 105/08/2011 14:50:26
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3357 forum posts
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Hi There
I have requested a catalogue.
Will post a few details when it arrives.
regards David
 
Miles07/08/2011 21:42:10
10 forum posts
Hello all
 
Just a quick note to thank you all for all the information that has been posted on this thread.
 
 
After reading of the demise of Myford this morning I now feel informed enough to make the decisions that are best for my small business. My Super 7 is the centre of my business as a clockmaker and without I am lost!
 
Could I ask advice on the following matter
Myford Brand - Dickson tool holders I believe were manufactured by a small company in Devon or Cornwall Does anyone know if they are still making these and if they can be purchased ?
 
Thank you all for keeping me informed, I am very grateful.
Miles
David Clark 107/08/2011 22:44:19
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3357 forum posts
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Hi There
The small company closed down.
You can tell genuine Myford as they have a W on them.
Should have been an M but they read it upside down.
regards David
 
Robbo07/08/2011 23:24:27
1504 forum posts
142 photos
Re the myford "W". I got a genuine Myford rear toolpost a little while ago, the latest type, not the old solid block, and the toolholders did not have the "W" on them.
 
Phil
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