Cash for Clunkers Program Suspended
$1 billion dollars heading toward the auto industry in a matter of days. Cars moving. Great. What did they expect?
The funny part of this program is that folks are probably out there buying up $100 cars to drag/tow them in for the program. I am not sure if there is something requiring registrations to match up, but knowing some car sales people, they will do whatever is needed to be sure things ‘match up’.
Who is benefitting from this program? Junk yards? Low end car dealers?
‘Cash for Clunkers’ Program Suspended: What’s Next? – ABC News.
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