I own an auto dealership, and the cash for clunkers program is really crazy! Some buyers leave with their new car and are not even sure how much the government is giving them. Dealers have to submit documents and wait for a reply. You do have to meet certain requirements. If your trade-in is worth $8000.00 then you would be better off to trade in. The government does not give you any money in addition to what your trade is worth. The new car you purchase does have certain requirements it has to meet as well. IMO, the program needs some work. The clunkers hace to be totally junked. For people that can't afford a new car, down the road, it will be hard for some to get needed parts. |