From the September 14th issue of Automotive News, “Clunker Shoppers Didn’t Play Hardball; Margins Soared.” The article states that (surprise, surprise) dealers took full advantage of cash for clunkers customers by selling new cars for far more money than they had previously been selling for. The article continues “Consumers did not understand that the cash for clunkers [...]
Archive for October, 2009
Notice from Government regarding Cash for Clunkers
Published October 7th, 2009 in Uncategorized. 0 Comments
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Contingent Deals
Generally
A dealer has demanded that I sign an agreement that requires me to pay the dealer $4500 [or $3500] if the dealer’s credit application is rejected. Am I required to agree to this?
No.To participate in the CARS program, you do not have to sign an agreement to pay back the dealer the CARS credit [...]
OK – Time for some Clunker Information
Published October 7th, 2009 in Uncategorized. 0 Comments Email This Post
#1 Overhead in a dealership
“No, during the Cash for Clunkers program, we do not negotiate off the sticker price. You are being allowed $4500 on your clunker. Isn’t that enough?”
Answer! No, that’s not enough. “Clunkers” has nothing to do with the cost of the new vehicle.
Auto Solution gets the new car close to invoice and [...]
GM Bankrupcy!
Bout time! Never seen anything so dysfunctional, but it’ll get worse with the Government involved. Buy a GM car now? You bet–they have some great models and the prices now can’t be beaten–Call us–
Oh yeah, if your new GM vehicle needs warranty work, Nancy Pelosi will personally come out in designer coveralls and take [...]
