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

Well this is proof that America runs on wheels. They should have stimulated the economy with this last yr and today we would probably be out of the woods in this economic slump. Look at all of the industry they would have affected and the jobs that would have been saved and created. As usual they should have left sales to the salespeople and kept the accountants and administrators out of it. Nothing happens until you sell something and until you do we don't need and accountant or administrator.
 
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.
 
I hear that if you're having difficulties submitting cash for clunkers transactions due to the system freezing, be sure to add attachments one at a time and hit APPLY after each one.

Also be sure to save the invoice using the save feature at the bottom of the page and do not attach any addendum until you save the invoice.

Adding all attachments at once is causing the system to freeze and time out.
 
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!
 
Has anyone been funded ( approved ) for any clunker cash yet at all ? All of ours are still pending even though they said 3-4 business days. We couldnt even register until late last week on our GM franchises and didnt get our Chrysler reg code until yesterday ( Monday ).
 
@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 :)
 
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.