Dead Beat Contingency Providers

njk53 · 12-25-2008, 06:29 PM

From time to time I have been reading about guys complaining about deadbeat companies taking their good old time paying off
contingencies or not paying off at all. My brother and I are new to stock eliminator and would like to know who to stay away from if at all possible. These guys make quite a bit of money from us racers and if they don't treat the racers right, I am not going to use their products if there is a good alternative.
We are not heavy hitters but one day you never know, you may end up winning or runner up and end up getting stiffed by these guys.

vic guilmino · 12-25-2008, 10:01 PM

Jw is one

Lou SG2340 · 12-26-2008, 08:22 AM

JW, Castrol, Crane Cams have yet to pay for June Atco win

Tom Goldman · 12-26-2008, 09:59 AM

All my contingencies from my r/u at MG have paid ,EXCEPT, Crane, which just sent the tax form to"enable them to pay me",120 days after the event ,,,and CSI, for the water pump. .......Most of the manufacturers are pretty decent, only a few who seem to be bad players. ......Strange is the absolute BEST as far as paying ,and supporting the racer. ....Theirs were the first checks I got for both contingency,and the Perfectly Strange Award, Which was on my doorstep,delivered by Big Brown the following Wed. after the race! ................Tom

Robert Pare Racing · 12-26-2008, 10:56 AM

Definitely stay away from CSI..I think Jet Hot sucks too..support the companies that support and promote our sport...Strange, ATI, Mark Williams, any of the Honeywell brands, Hoosier, Turbo Action, Comp Cams, VP, and Royal Purple are just a few that have a decent report card when it comes to paying contingency moneys quickly and painlessly. I am sure there are more good ones than bad..Maybe Lee Zane can chime in and let you know more about it, he has checks raining on him about right now.

John Mason · 12-26-2008, 12:38 PM

Comp is always the 1st to pay, followed shortly by Mickey Thompson.
As noted, JW takes months of e-mails and/or phone calls to get paid. Prior experience as a bill collector is a great help when dealing with them. Get the names of all you talk to as turnover is very high.

luckydog · 12-26-2008, 01:07 PM

ATI is the first to pay me. Mickey Thompson, Jegs, Moser, Comp, ARP,Russells, Holley and Stroud usually pay within one month. Summit is usually pretty quick also. I had a win and runner-up in June that I'm still waiting on money from BTE and Crane. I talked to Chase Knight of Crane at PRI and he told me they are just getting caught up.

Last season was the same way with Crane. After numerous emails I just finally got my money from CSR the other day....

trmnatr · 12-26-2008, 06:38 PM

Quote:

Originally Posted by luckydog

ATI is the first to pay me. Mickey Thompson, Jegs, Moser, Comp, ARP,Russells, Holley and Stroud usually pay within one month. Summit is usually pretty quick also. I had a win and runner-up in June that I'm still waiting on money from BTE and Crane. I talked to Chase Knight of Crane at PRI and he told me they are just getting caught up.

Last season was the same way with Crane. After numerous emails I just finally got my money from CSR the other day....

With Crane they can be off by dates on this kind of stuff and back orders too BUT they will take care of it,, Chase is a very good person to deal with, Roy too

Maybe some of these companies are a little late due to the economy (??)

My opinion is,, Its better to get it late than to not get it at all

Patrick Kelliher · 12-26-2008, 07:46 PM

I love the tax form I got from Crane with the note "to expedite payment." Never mind I received this form after getting checks from all the other companies. I still have yet to see Crane's actual check.

tim worner · 12-29-2008, 11:28 AM

What really grips me is that these companies that have not paid out all year are posted with NHRA for 2009. How can they do that. Should they not have 2008 season payments taken care of before they are able to post for 2009. My preliminary count of contingency sponcers for 2009 is 20 less than 2008 even counting the ones that have not paid for this past season. 20 X $300 = $6000. That's a pretty large loss.

12-25-2008, 06:29 PM	#1
njk53 Senior Member Join Date: Jul 2007 Location: East China, MI Posts: 504 Likes: 0 Liked 0 Times in 0 Posts	Dead Beat Contingency Providers From time to time I have been reading about guys complaining about deadbeat companies taking their good old time paying off contingencies or not paying off at all. My brother and I are new to stock eliminator and would like to know who to stay away from if at all possible. These guys make quite a bit of money from us racers and if they don't treat the racers right, I am not going to use their products if there is a good alternative. We are not heavy hitters but one day you never know, you may end up winning or runner up and end up getting stiffed by these guys. __________________ Nelson Kowal Stock 345

12-25-2008, 10:01 PM	#2
vic guilmino Senior Member Join Date: Dec 2001 Location: wv Posts: 884 Likes: 42 Liked 56 Times in 21 Posts	Re: Dead Beat Contingency Providers Jw is one __________________ Vic Guilmino 1129 STK

12-26-2008, 08:22 AM	#3
Lou SG2340 Member Join Date: May 2008 Location: Disputanta Va (30 minutes from VMP) Posts: 122 Likes: 0 Liked 0 Times in 0 Posts	Re: Dead Beat Contingency Providers JW, Castrol, Crane Cams have yet to pay for June Atco win

12-26-2008, 09:59 AM	#4
Tom Goldman VIP Member Join Date: Jan 2003 Location: Allentown,PA Posts: 2,476 Likes: 887 Liked 873 Times in 236 Posts	Re: Dead Beat Contingency Providers All my contingencies from my r/u at MG have paid ,EXCEPT, Crane, which just sent the tax form to"enable them to pay me",120 days after the event ,,,and CSI, for the water pump. .......Most of the manufacturers are pretty decent, only a few who seem to be bad players. ......Strange is the absolute BEST as far as paying ,and supporting the racer. ....Theirs were the first checks I got for both contingency,and the Perfectly Strange Award, Which was on my doorstep,delivered by Big Brown the following Wed. after the race! ................Tom __________________ Tom Goldman 1500 SG , 1506 STK

12-26-2008, 10:56 AM	#5
Robert Pare Racing Member Join Date: Aug 2004 Location: Mother Earth Posts: 265 Likes: 0 Liked 2 Times in 1 Post	Re: Dead Beat Contingency Providers Definitely stay away from CSI..I think Jet Hot sucks too..support the companies that support and promote our sport...Strange, ATI, Mark Williams, any of the Honeywell brands, Hoosier, Turbo Action, Comp Cams, VP, and Royal Purple are just a few that have a decent report card when it comes to paying contingency moneys quickly and painlessly. I am sure there are more good ones than bad..Maybe Lee Zane can chime in and let you know more about it, he has checks raining on him about right now. __________________ Rapare-Racing.com

12-26-2008, 12:38 PM	#6
John Mason Member Join Date: Apr 2002 Posts: 147 Likes: 0 Liked 0 Times in 0 Posts	Re: Dead Beat Contingency Providers Comp is always the 1st to pay, followed shortly by Mickey Thompson. As noted, JW takes months of e-mails and/or phone calls to get paid. Prior experience as a bill collector is a great help when dealing with them. Get the names of all you talk to as turnover is very high. __________________ John Mason 7743 SS

12-26-2008, 01:07 PM	#7
luckydog Member Join Date: Oct 2007 Location: Ottawa, OH Posts: 274 Likes: 0 Liked 0 Times in 0 Posts	Re: Dead Beat Contingency Providers ATI is the first to pay me. Mickey Thompson, Jegs, Moser, Comp, ARP,Russells, Holley and Stroud usually pay within one month. Summit is usually pretty quick also. I had a win and runner-up in June that I'm still waiting on money from BTE and Crane. I talked to Chase Knight of Crane at PRI and he told me they are just getting caught up. Last season was the same way with Crane. After numerous emails I just finally got my money from CSR the other day.... __________________ Damien Hazelton Lucky Dog Racing

12-26-2008, 07:46 PM	#9
Patrick Kelliher Member Join Date: May 2006 Location: New Hampshire Posts: 124 Likes: 0 Liked 0 Times in 0 Posts	Re: Dead Beat Contingency Providers I love the tax form I got from Crane with the note "to expedite payment." Never mind I received this form after getting checks from all the other companies. I still have yet to see Crane's actual check.

12-29-2008, 11:28 AM	#10
tim worner Senior Member Join Date: Jan 2002 Location: duncannon Posts: 837 Likes: 14 Liked 126 Times in 20 Posts	Re: Dead Beat Contingency Providers What really grips me is that these companies that have not paid out all year are posted with NHRA for 2009. How can they do that. Should they not have 2008 season payments taken care of before they are able to post for 2009. My preliminary count of contingency sponcers for 2009 is 20 less than 2008 even counting the ones that have not paid for this past season. 20 X $300 = $6000. That's a pretty large loss. __________________ Tim Worner SS 1747