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Comments
I think you fulfilled the spirit of the law. That is owning it and insuring it for the last year. I would not worry about an audit. Geithner owed the IRS $145,000 and did not get nailed until he was nominated for a cabinet position. If you are running for office you might be in trouble.
I hear you and I've thought of it in the past. But IMO the new car will be manufactured regardless of CARS as it will be needed to meet demand. The only difference is the timing of the manufacturing process. Buying under CARS may move up the manufacture date, but in the end I see little difference in net enviro impact of making the car now v. in, say, a year when the clunker would go away (post-CARS era).
OTOH, maybe CARS is better for future manufacturing as it's raising the amount of recycled metal available to use, reducing the need to mine more new metals from the earth.
And the manufacturing process doesn't have to be enviro-evil. Check out what the Indiana Subaru plant is doing to reduce the impact of their processes: http://www.subaru.com/company/environmental-policy.html. Read the Clean Plant part.
I just told the manager of the dealer after work today. The salesmen seem not knowing about it and I feel they don't want to add more work for them since I already signed the contract and any changes now are adding the work for them.
The manager told me to send him the proof of enrollment in MS degree/ or diploma or letter from school telling my wife is going to graduate this year
We are going to school tomorrow to got the paper work done
Thank you all of you who responded to me. I will keep inform the progress so it may help someone else
Well I've located the exact car my wife wants at about four different dealers. The CRV EX-L w/ NAVI just doesn't move like the lower priced ones. I stated the deal we have in place at two separate dealers. I had one internet manager who brought my deal to her manager, who basically jacked the price $800. We won't be buying from them unless they meet the price.
With all these managers in place, maybe the principals will get a clue and get rid of a few to lower the overhead and net the same profit.
But, if they are clapped out, they are clapped out. They'd die sooner or later, the nice cherished cars won't be turned in.
I'd imagine some Jeeps can be pretty shot at 100K. Maybe not expensive to fix, but they seem to sometimes attract abusive ownership.
I wonder what kind of provisions there are to let one buy directly from the dealer, and have it be above board. Maybe it would pay to know a junkyard operator.
Dear Mr. xxx,
We have notified the EPA about this vehicle and are awaiting a response. We expect that they will either be able to provide us with a record for this vehicle or that they will discover that it had a curb weight in excess of 6,000 pounds and was therefore rated as a heavy duty vehicle and not tested for fuel economy even though it may have a Gross Vehicle Weight Rating (GVWR) of 8,500 lbs or less. If EPA supplies us with a record, we will get it posted as soon as we receive it. If it was classified as heavy duty, it is likely that the National Highway Traffic Safety Administration will regard it as a Category 3 truck but to our knowledge they have not yet made that determination. We hope this will be resolved this week.
Sincerely,
www.fueleconomy.gov
I hope this is helpful!
It all boils down to supply and demand. The deal that that the Sales Manager might have accepted a few days ago will now be cast aside when there is a shortage of inventory and the next customer who comes through the door is a little more anxious and will pay $500 more than you will.
By the way, when a salesman says he "has" the exact car that you are looking for, it only means that he has located it on the car maker's computer system, most likely 200 miles from where you are.
I've been in great positions that last 4-5 autos I've purchased/leased. But to your point, the competition is high as the clunker program is fueling sales for the short term. My hope is they continue funding this and it carries into the 2010 models.
Ahhhhh wishful thinking.
It may be different form state to state but here in TN the deal is only done when you take delivery. If all the paper work is signed but you have not taken delivery and drove the car off the lot then the contract is not binding. After delivery the only way it is not is if you signed a subject to agreement meaning there are still lose ends.
It is amazing though right now how cheap you can get a Focus. Did a bunch of deals on $17900 Focus's. Sold them in the $16900 area, less $4500 clunker cash, less $2000 rebate + 0% for 36 months. You can get a brand new car for $11700 OTD at $325 a month for only 36 months. What a country, Only in America!!!!!!
I do believe that C4C will raise the used car prices. At least on the bottom end of the market. It depends on how many good used SUVs & PU trucks get crushed.
The government keeps encouraging people to go shopping for new cars using the C4C, but they are not paying as promised. It's getting very frustrated for many C4C buyers! :lemon:
To me that would mean they are stupid...or let's say "unprepared" and then they are making, what I assume is a significant purchase, on impulse. I just can not see going in with one intention and then switching to something completely different, without setting the decision aside for a while to consider my options. For one thing, to me, buying a used car would necessitate a lot more shopping around before making a choice as every used car is different.
Yrs ago when I wanted a truck, the ext cab was $3700 extra on an S-10 and about $5500 more on a Silverado. Now it's $7k for 6 inches of foot room in a car.
if you decide not to take delivery, you'll get your entire deposit back -
unless there is fraud or theft involved.
True, but dealers are smart now: no reimbursement, no car (or no car title).
So the wait is pushed back to the buyers.
1. Dealers increase the car price; buyers get a so so deal for their C4C deal now (I know that because my dealer increased the price for the same car I got by more than $900 now (in two weeks, the car price increases by more than 5%), and this is a very good dealer).
2. Buyers won't get the car for a unknown period of time.
My car's registration expires on Aug 19th. If the deal is not approved by then, will it be rejected b/c it is not "continuously registered"? Does that mean I need to go get an inspection and reregister my car simply to ensure approval so the car can be junked?! What if I don't reregister it and for some reason my clunker deal is denied!
I called the hotline and they said someone would call me back...yeah right...
If anyone has any useful information on this, please reply!! I wish they would just approve or deny the claim right NOW so I know how to proceed...
Thanks, Matt
1) The address on the registration(old address) does not match the insurance address (current address).
2) The car has been continually registered and insured for the past year, but the inspection is expired.
I kind of expected this and it is one reason why I did not think this deal would be so great for those (like myself) whose clunkers are in decent condition (worth maybe $2000 and up in a private sale).
Simply don't tell the dealer that you are going to do a C4C deal until AFTER the quotes are done.
Under the C4C program, the dealers are forbidden to change their pricing just because the buyer plans to use C4C.
Are the quotes binding, nope.
Can a slimy dealer back out of it? Sure.
But you sure have some ammo against the dealer if you want to press the issue.
I don't know that the law actually says that.
It does say:
"A dealer participating in the program may not charge a person purchasing or leasing a new fuel efficient automobile any additional fees associated with the use of a voucher under the Program."
and it requires "the dealer to use the voucher in addition to any other rebate or discount advertised by the dealer or offered by the manufacturer for the new fuel efficient automobile and prohibit the dealer from using the voucher to offset any such other rebate or discount"
It does not specifically say anything about non-advertised discounts, such as one might have individually negotiated, without disclosing the intention to turn in a clunker.
For non-C4C buyers, just wait for the 2010 models in Sept. or Oct. until this "Gold Rush mentality" fades.
http://money.cnn.com/2009/08/11/autos/cash_for_clunkers_interest_declines/index.- htm
1. If you have signed the papers for the new car, what are the dealers rights for that car? Are they able to keep it on the lot for test drives/demos?
2. Is there a way for the buyer to get an update on the processing of the C4C?
3. What happens if something happens to the clunker while we are waiting for processing? (it breaks and is no longer driveable?)
....and people say that dealers are the only ones unhonest.....lol
Don't worry, the first words out of my mouth after the introduction is "are you here to trade in your clunker and take advantage of the governments CARS program?"
In all honesty, with all the extra work needed and dwindling inventory, the "deals" on my new cars are getting smaller and smaller. Supply v Demand and I refuse to do more work for the same money. When my wife makes me sleep on the sofa because I had to stay until midnight to submit these CARS deals without getting booted from the system, I should at least get paid for it.
For all the crap deals I was forced to take by every customer saying "the economy is bad, I will buy this car $2000 under invoice or no deal" over the winter, I must say it does feel good to finally make a profit.
No malicious intent is in this message, or directed towards anyone in particular. Just giving you a dealers perspective.
Your wife makes you sleep on the sofa because you're working hard? You should make her sleep in the backyard.
I wouldn't hold my breath waiting for that decision if I were you.
Have you ever sent in a rebate request to a company for $10 or $50? It can take 8 to 12 weeks before the money comes in the mail. Another poster in the IT field noted that he doubted that he could get a data transmission and verification system for 10,000 input'ers up and running and debugged for any entity in 30 days or less. Our payments seem slightly slow but we've been paid on 78 out of 150 submitted with another 50 to be submitted. A Huge number come due by the end of the week.
LOL!!
I'll try that next time. I'll let you know how it goes!
2. I think that you'll just have to keep in close contact with the sales person and the store.
3. This is serious. You will have to fix it. If a meteor falls on it or it's totalled while driving it then you're going to lose the governmental rebate.