Hello everyone! Welcome back to Fast Lane TV. This video is about " Is Harley Davidson losing their customers? ".

Can you believe what's going on with your dearest Harley's company? It's like a roller coaster of recovery chaos they're facing. So, here's the main story. Recently, a journal reported that they're having a crazy problem with repurchasing motorcycles from owners who haven't been paying up. And you won't believe the impact - their credit loss rate skyrocketed by a whopping 46 percent! That's a massive blow, right?

But hold on, let's dive into the reasons behind this wild ride of despairs. First off, there's a shortage of those repo agents. You know, those folks who track down bikes from owners in default? Yeah, many of them decided to ditch the business during the COVID-19 pandemic, and it's causing a ripple effect. Harley's left with a real shortage of these agents. This pandemic era has hit them hard and we are not doubting about it.

But that's not all! While collecting those bikes ain't as smooth as it seems. A lot of owners supply their rides in garages or indoor spots, making it a real hassle for those repo agents. Imagine, they have to leave their trucks, walk up to the door, and politely ask for the bike back. Talk about extra work and risks! No wonder they're having a headache.

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