The real trouble may come when lawmakers begin to alk of starting the program up again in a few months after the manufactures get the lots restocked. Remember after 9-11 when the car co started 0% fin. Now its almost common practice to get low fin and big rebates. If the consumer feels that the gov. or car co. are willing to put up some cash to spur sales fig.Then they wait it out until the deal gets right.
Cash-for-Clunkers: Who's It Hurting? [View article]
I work at a Ford parts distribution center in Indiana, In the last week or sales volume is off by 20%. This decrease is on top of the 20% we had lost over the last year due to the economy.
August Auto Sales Up as Expected [View article]
Cash-for-Clunkers: Who's It Hurting? [View article]
Four Myths from Detroit's Auto Show [View article]
when you get laid off it's a depression!