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  #1  
Old 08-26-2013, 10:42 PM
likebikes likebikes is offline
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Serotta Lifetime Warranty on bikes made before 5/3/2012 no longer valid

Copy Paste from an email:

"Apologies for the delayed response. Serotta has gone through some changes recently and we are in the process of restructuring.

The current ownership of Serotta – which began on May 3, 2012 – has made the difficult decision not to honor the original warranty of bikes delivered before that date which were manufactured under the company's previous ownership. This was not a decision we arrived at easily.

If your bike does for some reason require repair due to manufacturing or materials defect in the future, we would evaluate your bike and determine the extent of the damage. If the frame is beyond repair, we will offer you a new frame at 50% of retail price. If the frame is repairable within a reasonable scope, the repair bill would be your responsibility.

If you would like to send in your frame and fork for evaluation, please write back and I will set up an RA for you and send shipping instructions.


Team Serotta
Serotta Cycles
41 Geyser Road
Saratoga Springs, NY 12866
518.584.8100
518.261.4409 fax"

Last edited by likebikes; 08-26-2013 at 11:00 PM.
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  #2  
Old 08-26-2013, 10:47 PM
thirdgenbird thirdgenbird is offline
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So the name bearer is gone and they have disconnected themselves from the old product? They just as well toss the Serotta name and use blue or divine.

The website still touts their heritage and lifetime warranty. Seems like a tasteless move.

Last edited by thirdgenbird; 08-26-2013 at 10:54 PM.
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  #3  
Old 08-26-2013, 10:53 PM
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KidWok KidWok is offline
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Doesn't make sense to me. One would speculate that the most likely people to buy a Serotta moving forward are the ones who had one in the past. Now they just went and burned a bunch of bridges with those customers. Good grief...it's like watching a car wreck in slow-motion.

Tai
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  #4  
Old 08-26-2013, 11:03 PM
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Highpowernut Highpowernut is offline
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Serotta Lifetime Warranty no longer valid

Wow!!!!!

As a new owner of a Serotta , that was built prior to the date mentioned, I am disappointed.

I purchased my bike in April. It was new old stock , sitting on the wall of the shop for awhile.

I love the bike, checked out the company prior to purchase, realized they weren't in great shape but the optimist in me saw the good things that could be.

I don't know if I'll need the warranty, but I will not support/suggest or even promote a company that won't take care of there products, current, past, or present.

Not a good start for a company trying to reinvent itself.

Wayne


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  #5  
Old 08-26-2013, 11:08 PM
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rwsaunders rwsaunders is offline
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  #6  
Old 08-26-2013, 11:11 PM
#campyuserftw #campyuserftw is offline
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"This was not a decision we arrived at easily."

Words, a phrase, created by the devil, used by Dracula, repeated by most politicians, some corporate leaders, a few Commander in Chiefs, and brewed for free by waste management centers around the globe.
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  #7  
Old 08-26-2013, 11:14 PM
JER3 JER3 is offline
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Quote:
Originally Posted by KidWok View Post


Doesn't make sense to me. One would speculate that the most likely people to buy a Serotta moving forward are the ones who had one in the past. Now they just went and burned a bunch of bridges with those customers. Good grief...it's like watching a car wreck in slow-motion.

Tai
+2 bikes on that !
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  #8  
Old 08-26-2013, 11:24 PM
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dd74 dd74 is offline
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I heard this announcement Saturday, and intentionally did not post anything about it because it arrived in a confidential email to my LBS. At any rate, we all talked about this issue and agreed this could possibly be the worst move the new owners of Serotta can make. Sure, they'll paint your old whatever frame for $600+ (http://serotta.com/is-your-old-bike-showing-its-age/), but they will no longer honor their own frames?

It's an unbelievably irresponsible business decision on Brian Case's part. The lifetime warranty is one of the reasons I bought a Serotta. What a great way to lose not just legacy customers, but new customers interested in high-end bike frames. I guess the Serotta name as one of the premier American frame builders really means nothing now.
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  #9  
Old 08-26-2013, 11:40 PM
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CaptStash CaptStash is offline
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Is that even legal? Didn't they buy the corporation's liabilities/obligations when they purchased the company? Is there an attorney in the house here? Seriously, I'm curious about that

CaptStash....
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  #10  
Old 08-26-2013, 11:43 PM
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ntb1001 ntb1001 is offline
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Originally Posted by CaptStash View Post
Is that even legal? Didn't they buy the corporation's liabilities/obligations when they purchased the company? Is there an attorney in the house here? Seriously, I'm curious about that

CaptStash....
I have a feeling that since it's new ownership....they can do whatever they want
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  #11  
Old 08-26-2013, 11:50 PM
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Disappointed beyond words.
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  #12  
Old 08-26-2013, 11:54 PM
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Elefantino Elefantino is offline
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Because we know Brian Case at least looks at this forum, perhaps we'll find out directly from him why the "difficult decision" and "not a decision we arrived at easily" was arrived at.
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  #13  
Old 08-26-2013, 11:56 PM
JER3 JER3 is offline
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Given how incredibly well constructed and reliable their bicycles have been over the years I find it really hard to believe they are actually losing that much money on warranty service. I'd wager there is more savings potential in the executive compensation package than there is paying the cost of the fixing "defects in materials and workmanship" on these high end bikes.
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  #14  
Old 08-27-2013, 12:05 AM
akelman akelman is offline
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I'm genuinely surprised that people seem to be surprised by this. I thought this was very near to S.O.P. when a business changed hands. And given that Serotta is restructuring to go after very different revenue streams, it never occurred to me that they would honor decades worth of warranties. But then again, I'm a pretty cynical dude, I guess.
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  #15  
Old 08-27-2013, 12:06 AM
Louis Louis is offline
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I can think of three reasons why they would do this:

1) To cut costs, if warranty work is having a massive effect on their current cash flow.

2) They are irrational.

3) They think their future customer base is completely different from their past customer base, and don't really care if they piss off nearly all their past customers, and they think their future customers don't care about this obvious lack of support.
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