BBB Business Review
This Business is not BBB accredited
Magnum Motors of Loveland LLC
Phone: (970) 667-4041 Fax: (970) 667-4061 5900 South College Ave, Fort Collins, CO 80525
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Sell trucks, specialty vehicles, classic cars & SUVs
On 2/23/2015 this business's accreditation in the BBB was revoked by the BBB's Board of Directors due to its failure to adhere to the BBB requirement that Accredited Businesses meet and abide by the following standards:
- 1B. Fulfill all licensing and bonding requirements of applicable jurisdictions; provide all license and bonding information upon application for BBB accreditation; and provide periodic updates upon request of BBB.
- 4A. Upon request, provide BBB with all information required to evaluate compliance with BBB standards. This may include, but is not limited to business name, address and contact information; names and background of principals; business and banking references; licensing and/or professional accreditation; and a complete description of the nature of the business.
- 6A. Promptly respond to all complaints forwarded by BBB by:
- Resolving the complaint directly with the complainant and notifying BBB, or
- Providing BBB with a response that BBB determines:
- is professional,
- addresses all of the issues raised by the complainant,
- includes appropriate evidence and documents supporting the business' position, and
- explains why any relief sought by the complainant cannot or should not be granted.
This business is not BBB accredited.
Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation.
To be accredited by BBB, a business must apply for accreditation and BBB must determine that the business meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses must pay a fee for accreditation review/monitoring and for support of BBB services to the public.
Reason for Rating
BBB rating is based on 13 factors. Get the details about the factors considered.
Factors that lowered the rating for Magnum Motors of Loveland LLC include:
- 6 complaint(s) filed against business
- Failure to respond to 5 complaint(s) filed against business
Factors that raised the rating for Magnum Motors of Loveland LLC include:
- Length of time business has been operating
- Resolution of complaint(s) filed against business
Customer Complaints Summary Read complaint details
|Complaint Type||Total Closed Complaints|
|Problems with Product/Service||3|
|Total Closed Complaints||6|
Customer Reviews Summary Read customer reviews
|Customer Experience||Total Customer Reviews|
|Total Customer Reviews||1|
Licensing, Bonding or Registration
This business is in an industry that may require professional licensing, bonding
or registration. BBB encourages you to check with the appropriate agency to be certain
any requirements are currently being met.
These agencies may include:
Department of Revenue Auto Division-CO
140 W 6th Ave Rm 109, Denver CO 80204
Phone Number: (303) 205-5696
Type of Entity
Limited Liability Company (LLC)
Business ManagementMr. Clint Drake, Managing Partner Mr. Marc Mackie, Managing Partner
Car Dealerships Used Car Dealerships Truck Dealers Auto Dealers - Antique & Classic
On January 22, 2015 BBB confirmed that Magnum Motors of Loveland LLC voluntarily surrendered the necessary license to conduct business due to an investigation from the Department of Revenue Auto Division. Such a license is required in the State of Colorado for businesses offering vehicle sales. BBB encourages you to contact the following agency to confirm this information: Department of Revenue Auto Division, website: https://www.colorado.gov/pacific/enforcement/aid or phone number: (303) 205-5604.
Industry TipsResearch Key in Buying New Vehicle
Customer Review Rating plus BBB Rating Summary
BBB Customer Review Rating plus BBB Rating Overview