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What is Cash for Clunkers (C.A.R.S.) Doing for YOU?

I cannot vouch for other dealers, but I can tell you that we and none of our competitors are making customers wait to take delivery of their cars under this program. It sounds like these dealerships being mentioned here are either paranoid or don't have the cash to float any deals - either way, they shouldn't be participating in the program.

I think the NHTSA would be quite upset to hear about some of the practices I'm hearing. There are extremely stiff repercussions for those who don't play by the rules.

Dealers who don't play by the rules piss me off because they hurt our entire industry's reputation (and I'm not just talking about the CARS Program here).

What is Cash for Clunkers (C.A.R.S.) Doing for YOU?

We waited for our dealer to sign up for CARS on 7/24. He submitted our deal on 7-28. Two weeks later we are still waiting to take delivery of the new car. Dealer says the deal is still under review by govt. We can pick up the new car if we write him a check for the CARS voucher amount. Govt sure didn't think this thru

What is Cash for Clunkers (C.A.R.S.) Doing for YOU?

I finally got through by way of the consumer help line. It's good to know the folks that are getting the discounts are well taken care of, while the dealers hang out to dry. But, I spoke with a very nice person who, after pleading a little, tranferred me to a live dealer support person who, told me to expect delays. Thank you so much for that tidbit....
However, at least i know (or do I) that 13 days under review is not uncommon. It will be fun telling my boss that after two weeks they couldn't read the registration date, or something fun like that.

What is Cash for Clunkers (C.A.R.S.) Doing for YOU?

Wow! I now feel for my dealer (somewhat). My Dealer has cashed both my $500 deposit check AND the check we gave from our bank. We financed through our own institution. He has been paid in full according to the purchase order. We signed everything on 7/31 including signing over the title of our Jeep. I still don't have my 09 Altima. I believe this car should be mine and the dealer can wait for the Feds. I see the point that he potentially stands to lose a lot if even half of his deals fall through - but - maybe he stands to lose more if each and everyone of us walks away completely from the deals. Put the plates back on it and give me my Jeep back and give me a check along with the interest I've accrued and the deal is off. It's a lot to gamble. I just want my new car:-(

What is Cash for Clunkers (C.A.R.S.) Doing for YOU?

Yes we get through after redialing several times. Hang up and hit redial. They aren't much help though. They can't "look" at any of them. I've had 6 rejections and each of them for different reasons even though one of the reasons(not writing junk automobile, cars.gov on the back of the title page). I didn't do that on any of them but I've only had one of the 6 rejected because of it. I cant make any sense of it. I've had no approvals and I sent them about the same time.

What is Cash for Clunkers (C.A.R.S.) Doing for YOU?

I would love to help you but I resubmitted 2 on 8-5-09 and have not received any notification back. Mine were rejected for bogus reasons also. I called the NHTSA number
202.366.0606 6AM TO 4PM CST
202.510.7825 AFTER 4PM CST
they didn't know why either and told me to resubmit it. I did and we'll see what happens!
If I learn anything more I'll post it!

What is Cash for Clunkers (C.A.R.S.) Doing for YOU?

I have received 4 rejections and 24 are still under review. All 4 were rejected for items that we clearly supplied (proof of insurance, signatures, etc). I received code 0701 missing signature on Summary of Sale for all four. How do they not see it? Do they not look beyond the first page? I really need help, please.

What is Cash for Clunkers (C.A.R.S.) Doing for YOU?

DEALERS' CLUNKER PAYMENTS START TODAY, FEDS SAY

DOT chief: 'We fixed our Web site problems'

NEIL ROLAND
AUTOMOTIVE NEWS
AUGUST 4, 2009 - 12:28 PM ET

WASHINGTON -- Dealers will start getting reimbursed today for cash-for-clunkers credits paid to consumers, Secretary of Transportation Ray LaHood said today.

"We fixed our Web site problems," LaHood said at a news conference here. "We believe processing will go much smoother."

He said dealers had filed 157,000 applications for $664 million in rebates.

The company contracted to handle the Transportation Department's computer system is Oracle Corp. Clerical processing is being handled by Citigroup Inc.

Citigroup has added staff in Delaware to handle the surge of dealer applications. LaHood said he believed both companies have made changes to improve their response time but gave no details.

Dealers are supposed to get paid within 10 days after filing for a rebate of the $3,500 or $4,500 credits given to customers. Because of bottlenecks in the Transportation Department's computer reporting system, many dealers have had problems filing applications since the program began July 24. Many dealers had begun making deals weeks in advance, adding to the initial backlog problem.

If the Senate follows the House, which last week passed a $2 billion cash-for-clunkers extension, funding should be adequate through Labor Day, LaHood said.

The Senate is scheduled to begin a month-long recess Saturday.

What is Cash for Clunkers (C.A.R.S.) Doing for YOU?

If all the paperwork as been completed with a customer, all the way thru to financial approval, and the title has been signed over, is the dealership obligated to turn over possession of the new vehical while waiting for their funding? The clunker does qualify per the epa web comparison.

What is Cash for Clunkers (C.A.R.S.) Doing for YOU?

@Tim we have had deals submitted since last Tuesday and have only one rejection from a submission on Thursday night. It didn't have anything attached (don't ask)You can't change anything after submission till you get the rejection.I can't figure out what order they are processing these invoices? Back to the scanner for me :)

What is Cash for Clunkers (C.A.R.S.) Doing for YOU?

My fiance just bought a new car Tuesday morning July 28th, SIGNING A CONTRACT AND TAKING DELIVERY OF A NEW CAR trading a 1984 GM model that was manufactured in July, 1984. The dealer assured us that the car "qualified" for the $4500. He listed the trade as "cars program" $4500 on the purchase contract.

To our dismay, the dealer called on the evening of Friday Aug 1st saying he had bad news.....the car was disallowed by the gov't because of the 25 year limit.

What is going on here? The dealer sits on our paperwork for 4 days and misses the 25 year deadline? Can we make the dealer take the loss? We gave the dealer $7,000 and the clunker trade. The dealer let us drive off in a new car. We believe the dealer was negligent by not getting the clunker trade registered in a timely manner. Any help here would be appreciated. Thank You!

What is Cash for Clunkers (C.A.R.S.) Doing for YOU?

Jon, Man am I ever.

Just goes to show you why you don't mess with a free market. Let it dictate itself.

Would not surprise me if they find a way to get more funding but I would expect to see the qualifications get pretty tight next time around.

Looking back on this (if its not to early to do so) this whole concept looks like it could make for a decent marketing plan. I.E. Ford/Chrysler advertises that they will take any "clunker" on trade for $4500 no questions asked, you just buy a new car from them. Looks to me like people bought into it. You already see commercials advertising that kind of money back not to mention most of these clunkers still have some sort of value so the dealers not out the whole $4500.

Thats what I would rather see is somebody taking that idea to market and running with it instead of my tax dollars paying for it..

Man I wish I had a bigger store to pull this off.

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