REPORT: Saleen Inc. dissolves warranties, new owner takes over

[petebull]

It looks like many of Saleen's customers may be out of luck when it comes to the warranties on their vehicles. MJ Acquisitions -- the firm that recently purchased assets from Saleen, Inc. including the rights to the S and Racecraft lines as well as Saleen's aftermarket parts division -- sent a letter to dealers informing them that they're not liable for warranty claims and that responsibility would fall on the former owners of the brand. However, Saleen, Inc. announced it has completely ceased operations and will no longer honor warranty claims, leaving it to owners to pay for any maintenance on their vehicles regardless of when it was purchased. This also includes any vehicles languishing on dealers' lots, so any unsold 2008 or 2009 Saleen or Racecraft models will essentially come without a warranty. The small amount of good news is the MJ Acquisitions will continue to provide parts to dealers, and any parts purchased after February 2, 2009 will come with a 12 month/12,000 mile warranty.

http://www.autoblog.com/2009/03/09/report-saleen-inc-disolves-warranties-new-owner-takes-over
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[MineralGray02K]

Wow, thats harsh

 

[jared88]

Thats just wrong.. I guess the price of the Saleens just dropped a lot or at least it should.

 

[EHA Racing]

Saleen:"Let me sell you this overpriced Mustang".
Customer: OK
Saleen: "Thank you for the purchase......**** YOU HaHaHaHaHa!!!!"

 

[MineralGray02K]

Saleen:"Let me sell you this overpriced Mustang".
Customer: OK
Saleen: "Thank you for the purchase......**** YOU HaHaHaHaHa!!!!"

Thats basically it. If I bought a Saleen and they pulled this on me, I would be EXTREMELY peeved.

 

[Wicked One]

How can you sell a new car without a warranty? If they manufacture a new saleen under the new company, I would think it would have to have one. Talk about getting the shaft. I see in the near future a class action suit. What were the terms of the purchase....

MJ... Ok, well will buy your failing companies name and products.
Saleen.... Great, make sure you do not continue to honor the current warranty.
MJ... Like we were going to anyway!!!
Saleen.... I Love you man.

 

[Kmoran81]

Isnt that illegal?

 

[Wicked One]

I would think so, but you know how companies can get around the issue of what is legal for them as opposed to us. I am sure there is going to be an uproar. My question is where is Steve saleen, that is his name that is getting drug through the mud. I know he doesn't own it, and hasn't for some time, but come on. He built a great company and they go and pee all over his name. Just not right.

 

[Timspony]

Sounds like hard times for everyone!

 

[mustangfan]

I wounder if ford will warranty the cars? I mean it is basically a ford with saleen name on it unless you buy the actual saleen cars. Still sucks though. I like the saleens.

 

[Bangastang]

It all started when Steve Saleen was forced out it's gone downhill since then.

 

[Chris2kGT]

The new owners bought the parts and assets. If they continue to make them under the Saleen name then you would have grounds for a law suit. If not, Saleen Inc. has ceased to exist so good luck suing something that has vanished.

 

[Ramairgt1]

Lawyers are going to have a field day with this...

 

[02S281]

Glad i got a 2002 Saleen when steve was still actually a part of the company and got it signed by him. Kinda sad that a once great company has gone down hill so fast but whatever, it is what it is.

I just hope i will still be able to get parts for my car years down the line if anything were to happen.

 

[BubbaStanGT]

damn that just isnt right. i would be uber pissed off if that happend to me!

 

[02S281]

Hell yeah, and the 2009 Saleen "Dark Horse" was a sweet looking Saleen. Wish the best of luck to all Saleen owners that have warranties but shit, if you can afford a Saleen, you SHOULD be able to afford to fix it jk