Popular Posts

Thursday, August 13, 2009

Cash For Clunkers Throws Some Into Reverse


Dealers in used cars, parts join charities in feeling popular program’s bite

With Cash for Clunkers rolling on after the program was extended, new car dealers are smiling, but left out are companies and organizations whose business models are built on used vehicles.


People keep coming into Sam Ackerman’s car dealership and asking him about the deals under the federal “Cash for Clunkers” program.

Which normally wouldn’t be a problem, especially after the government last week tripled funds for the program, which offers rebates up to $4,500 for drivers who turn in certain old gas guzzlers and buy a new ride.

Except that Ackerman is sales manager at the Pre-Owned Department at D&E Dodge in Wilmington, N.C. That means he sells used cars.

GO HERE to read more.

8 comments:

  1. The government does not understand how to run the car business. They try to solve one issue and create another. Is this who you want running the health care system?

    ReplyDelete
  2. Becareful folks the dealers mare trying to get buyers sign papoers that lets them off the hook and you will be held responisbile for the clunker to.

    ReplyDelete
  3. If you go to the cars.gov web site there's a notice right on the first page that you do NOT have to sign any such guarantee. It is not a government form, it is a dealers form. Don't sign it.

    ReplyDelete
  4. Duh... you think that having all these turds on the lot is good for a dealership???

    ReplyDelete
  5. The program is wasting perfectly good vehicles that someone could still get alot of use out of and it IS hurting charities.
    11:49....what are you referrign to when you say "turds"?

    ReplyDelete
  6. These cars should be recycled but they should be given to charities to either scrap or distribute to people who can use them for getting back & forth to work.

    ReplyDelete
  7. "11:49....what are you referrign to when you say "turds"?"

    I mean turd cars that only need to be driven on the car lot to get the $ back... dealership left with little options. Mainly scrapped.

    ReplyDelete
  8. There is alot of waste in this program. Many of these cars are in better shape than most people have. To just destroy them is nonsense. Maybe they should have a clunkers for clunkers program. People could trade in their really bad clunkers for the not so bad clunkers that were traded in.
    If someone is driving a 1990 gas hog they could trade it in for lets say a 1997 vehicle that gets a better mpg. Then we actually do get some of the gas guzzlers off the road and someone gets a newer vehicle to help them out.

    ReplyDelete

Note: Only a member of this blog may post a comment.