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"Cash for Clunkers" rebates go unpaid

Miami : FL : USA | 3 months ago  
Views: 2,027
  • Rising auto sales are being stimulated by the government's "Cash for Clunkers" trade-in incentives
    Rising auto sales are being stimulated by the government's "Cash for ...
    Source: AFP
Rising auto sales are being stimulated by the government's "Cash for ...

According to USA Today, "hundreds of New York-area auto dealers withdrew from the government's cash for clunkers program today, citing delays in getting reimbursed by the government, a dealership group says."

Much like in New york, Florida car dealerships are also awaiting their rebate reimbursements and are getting nervous that their money will not be returned. Although many are not so confident in getting their money back, Secretary of Transportation Ray LaHood feels otherwise. According to the Miami Herald, LaHood told reporters ``I know dealers are frustrated, they're going to get their money.''

The public is awaiting Obama's decision about how long the Cash for Clunkers incentive program is going to last. So far, half of the Greater New York Automobile Dealers Association's 425 members have withdrawn from the Cash for Clunkers program due to the fact that they cannot afford to give more rebates and are worried about getting paid.

References:

Bacon, J. (2009 Aug 19). Cash for clunkers is junked by some N.Y. dealers. USA Today, Retrieved Aug 19, 2009, from http://blogs.usatoday.com/ondeadline/2009/08/cash-for-clunkers-is-a-clunker-to-some-new-york-dealers.html

Wyss, J. (2009, Aug 19). Some Florida dealerships still await clunker rebate checks. Miami Herald, Retrieved Aug 19,2009, from http://www.miamiherald.com/news/breaking-news/story/1193630.html

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News Stories
 
  • News Source: Uinta County News | 3 months ago
    The popular Cash for Clunkers program will likely end by Labor Day The Transportation Department is expected to announce by the end of the week that it is winding down the "Cash for Clunkers" trade-in program, noting the $3 billion program should run...
  • News Source: The Coloradoan | 3 months ago
    A victim of its own success, the wildly popular Cash for Clunkers program ends Monday as funding dries up. Local dealers report the program was a huge success in driving customers through the doors; however, getting paid for the trade-ins is taking...
  • News Source: Miami Herald | 3 months ago
    AutoNation to end Cash for Clunkers sales tonight AutoNation, the largest U.S. auto retailer, will stop using the government's Cash for Clunkers program Friday night, President Mike Maroone said. The cutoff will ensure that ``we have enough time to...
  • News Source: The Tuscaloosa News | 3 months ago
    Albert Warren, left, speaks with salesman Ed Richardson before taking a 2009 Mazda 6 for a test drive at Quality Mazda-Volkswagen on Friday in Tuscaloosa. Cash for Clunkers so far hasn't turned into cash for car dealers. The federal program intended...
  • News Source: CNN | 3 months ago
    If you're hoping to make a last-minute Cash for Clunkers deal, you'd better call your car dealer first to make sure he's still doing them...While some dealers say they'll participate in the Clunker program right up to the bitter end, others say they'...
  • News Source: Uinta County News | 3 months ago
    The federal government is putting the brakes on its Cash for Clunkers program. On Thursday, the Transportation Department announced the program will end Monday night. In the meantime, many dealerships are still waiting for clunker cash – and many...
Blogs
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  • Blog Source: www.ncpa.org
    Transportation Secretary Ray LaHood has cited the Obama administration's best-seller list of mostly smaller, fuel-saving cars like the Ford Focus to describe the success of the "Cash for Clunkers" rebate program. But what LaHood doesn't ...
  • Blog Source: citizenvox.org
    The Obama administration has declined so far to release detailed records of purchases under the program being compiled by the Transportation Department, listing every clunker deal requesting rebates.” Though the department releases summaries of ...
  • Blog Source: www.washingtonexaminer.com
    The Obama administration has declined so far to release detailed records of purchases under the program being compiled by the Transportation Department, listing every clunker deal requesting rebates. ... along with some of the Hummer H3Ts on the lot
  • Blog Source: www.whataloadacrap.com
    Transportation secretary LaHood reported on the purchase of new more fuel efficient vehicle today - but what went unmentioned is that some trucks and sport-utility vehicles that get less than 20 miles per gallon, like the Ford F-150 truck and one
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  • Posted By Aoon619 Aoon619 | 3 months ago
    cool kindly comment on mine one plz
  • Posted By msnyna82 msnyna82 | 3 months ago
    I got mine!!!
  • Posted By TimmyTwoToes TimmyTwoToes | 3 months ago
    That's hillarious. The dealers are owed Billions of dollars by the government. The governmement said they would pay in 10days and its going on 4/5/6 weeks. How could you run a business and rely on the government - you can't sue them; they made themselves immune. The dealers should start selling the clunkers. There are a lot of people out there who need transportation. And, I don't get the reasoning. Did you ever wonder how much energy goes into building a car? The government is saying that it is more "green" to scrap a vehicle that gets 10-12-15 mpg because than it is to build an entire new vehicle. I wish you would do a story on that area in China where they make all the battery pacs for the green vehicles. I read somewhere that it looked like a nuclear bomb went off; that you couldn't find even a single blade of grass within 10 miles of the factory because of all the lead pollution. And, those poor people are being contaminated by the lead and are dying of cancers. Whew!!! And, that is better for the planet? The planet? Anybody who believes in the green movement - save the planet, save the whales, save the polar bears,save the desert field mouse ... what about the people??? What do they have against people???? This wasteful government feel good program is just going to cause mom and pop to have less money for food and air conditioning - so their lives will be more miserable. So, people who pay taxes are giving money to guys like msnyna82 ... for what reason? And, why is Obama giving billions to brazil to drill for oil. Thats not saving the planet, thats shifting it out of sight out of mind. It doesn't make sense.
  • Reported by charleykope
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    • pmintz

      @pmintz Cash for Clunkers ending Monday at 8 p.m. EDT : http://bit.ly/11wHzD

      3 months ago
    • thenote

      @thenote @LaHood says Cash for Clunkers dies 8 pm ET on 8/24. bet this is a big weekend at dealerships

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    • davidkiley

      @davidkiley 40% of clunker transactions kicked back from DOT to dealers for not being properly done. Shocked....not.

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      @markknoller As of today, the Clunkers program has recorded over 457,000 car dealer transactions worth $1.9-billion in rebates.

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      @markknoller Dept of Transp says applications for clunker rebates will not be accepted after 8pm on 8/24.

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      @markknoller US Government announces Cash for Clunkers program to end on Monday, August 24th at 8PM.

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      @lfmccullough RT @AP_Mobile: WASHINGTON (AP) _ Congressional sources: Cash for Clunkers car incentives to end on Monday. http://bit.ly/1apgn1 #economy

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      @davidkiley @JohnAByrne i think cash for clunkers drove traffic in august

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      @davidkiley Cash For Clunkers To End Monday. Itr's gonna be a wile weekend at the dealerships. 700,000-plus vehicles in a month?

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      @thenote Sec. LaHood: Cash for Clunkers Will End Before Labor Day: The popular government “Cash for Clunkers” program wil.. http://bit.ly/41Yai

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