community organizer=gangsta
They are hunting for reasons not to pay the dealers.....mark my words.....
We have friends who bought a car for their college-bound son under this program. But it was early on and they had no issues. Once it got rolling and the initial cash was used up, and dealers found they weren’t being reimbursed by the Feds in a timely manner, all hell broke loose.
If I were interested in taking advantage of this program (I’m not, nor never would be) I’d not sign any paperwork until everything was read up-front, nor would I hand over the keys to my trade-in until I’d sign and had the keys to the new vehicle in my hand. I don’t trust car dealers, and I sure don’t trust the government.
It doesnt bother me if folks lined up at the “free money” trough get burned.
What bothers me is all the innocent tax payers that are gonna get burned.
Highclass my ***
Imagine National Health Care...
Many of these buyers can’t afford the new car payments. Mark my words they’ll default on the loans just like people did on housing.
There’s a car dealership near my house that sold so many cars they’ve got the trade-ins parked in a neighboring church parking lot. There’s about sixty cars there, and I noticed some of them had notices on them indicating they were for sale. I started wondering what the controls were on the CFC program, and if dealers might try to sell the cars that they’re supposed to be destroying. Which brings me to my other point - if the cars I saw are supposed to be destroyed, it is a terrible waste. Collectively, they must still have hundreds of thousands of miles on them. Few if any looked liked “clunkers,” and most seemed like very nice, functional cars in the 1995-2004 age bracket.
Sounds like a battle royale to see who is the most crooked -Car Dealers v/s The Federal Government....
“Nurse, please, I’ve been waiting hours for my pain pill.
“Oh, I’m sorry, ma’am, the federal government is so far behind with the paper work that it might take several weeks before we can give you the pain pill.”