C
Chris (blog)
Guest
$50 scrap value is all we gave our customers. We delivered all sold vehicles under the CARS program as told, the same day, or when we got it in on trade from another dealer. The junker picked up every clunker within 24 hours. What they make on the clunker is irrelevant to us and our customers. The $3500 or $4500 in CARS rebate was given to the customers by our dealership. We are still waiting for the Government to pay us about $300,000 which we should be paid with interest. The Obama administration lied about the payout to dealers and if this program ever comes back, one of the biggest Nissan dealers in America will say - sorry, we don't participate. The $300K we're owed is hurting. The customers need to thank the dealership if any thanks is possible from a trend in car buyers that think they're owed something. Just another reason we're selling more cars at full sticker, because that's what they are worth.