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Government Begins Random Dealership Audits on ‘Clunkers’; only 5.7% of Deals Reimbursed
cars ^ | 9/1/2009 | cars

Posted on 09/01/2009 1:52:47 PM PDT by wrrock

The cash for clunkers law, signed by President Barack Obama, gave the Transportation Department the authority to audit car dealerships at any time, for any reason... the Transportation Department is focusing on possible fraud in the disposal of trade in vehicles. The government is making sure dealers completely destroyed the engines of all trade-ins... The government seems to be more interested in auditing early on rather than paying early on... only 5.7% of all ‘clunkers’ deals have been reimbursed.

(Excerpt) Read more at cardealerreviews.org ...


TOPICS: Business/Economy; Chit/Chat; Computers/Internet; Local News
KEYWORDS: bhoczars; economy; obama; socialism

1 posted on 09/01/2009 1:52:48 PM PDT by wrrock
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To: wrrock

Are these dealers paying interest on this cash they fronted for the Government?


2 posted on 09/01/2009 1:57:08 PM PDT by smellmygunpowder
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To: wrrock

What a joke. Just searching for ways not to pay up, IMO.


3 posted on 09/01/2009 1:57:53 PM PDT by nhwingut (The media's love affair with Obama reminds me of a dog humping a telephone pole.)
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To: wrrock; Jeff Head

Imagine these clowns running National Socialist Health Care, and deciding who gets and operation, and when, and with which doctor at which hospital.

That will be a million times more complex than “cash for clunkers,” and lives will swing in the balance.


4 posted on 09/01/2009 1:59:34 PM PDT by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
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To: wrrock

I suspect one could expect the same sort of “personal audit” of their finances if you go to the public option of this health care bill. Does the government ever do anything timely? Dealers can not afford to front these rebates too long to the buyers.


5 posted on 09/01/2009 2:00:10 PM PDT by adamjeeps
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To: wrrock
When something looks too good to be true;
watch for the audit.
6 posted on 09/01/2009 2:03:18 PM PDT by norton
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To: wrrock

What a disgrace. Dealers dumb enough to sign up for this crap will regret the day. Hussein is completely untrustworthy. Something about a “woodpile” comes to mind.


7 posted on 09/01/2009 2:04:00 PM PDT by Oldpuppymax (AGENDA OF THE LEFT EXPOSED)
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To: wrrock

ANY time the government gives you something, it puts a string on it. Get a handout and it thinks it has a right to snoop into your private affairs.


8 posted on 09/01/2009 2:04:29 PM PDT by Leftism is Mentally Deranged
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To: wrrock; Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, ping


9 posted on 09/01/2009 2:04:59 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Travis McGee

Yep, just seeing those payments being paid late to doctors imported from Lithuania, to do surgery´s...expect long lines. Go to the Post Office and see how the gub´mint always does it´s business.


10 posted on 09/01/2009 2:05:25 PM PDT by rovenstinez
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To: Travis McGee
Easy on who you're calling a clown there Bub ....

Photobucket

11 posted on 09/01/2009 2:44:08 PM PDT by SkyDancer ('Those who hammer their guns into plows will plow for those who do not..' ~ Thomas Jefferson)
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To: smellmygunpowder

One dealer I heard was out 8 mill. so far .....


12 posted on 09/01/2009 2:44:43 PM PDT by SkyDancer ('Those who hammer their guns into plows will plow for those who do not..' ~ Thomas Jefferson)
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To: Leftism is Mentally Deranged

Take the King’s coin, do the King’s bidding.


13 posted on 09/01/2009 2:45:45 PM PDT by dfwgator
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To: wrrock

Cash for suckers program...


14 posted on 09/01/2009 3:07:12 PM PDT by JudgemAll (control freaks, their world & their problem with my gun and my protecting my private party)
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To: smellmygunpowder

They’re gona make us feel sorry for car salesmen... How about that of a crook for you.


15 posted on 09/01/2009 3:08:55 PM PDT by JudgemAll (control freaks, their world & their problem with my gun and my protecting my private party)
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To: Leftism is Mentally Deranged

“ANY time the government gives you something, it puts a string on it. Get a handout and it thinks it has a right to snoop into your private affairs.”

Not only will they get the audit, the dealer will get a 1099 for $4,500 IF he can prove he is eligible AND the buyer will get a 1099 for $4,500. Each will pay approximately 40% of their $4,500 and viola government nearly recoups everything either by double taxing it or never distributing it in the first place.

A few government flunkies get to keep their cash for clunker jobs when they start up the new cash for appliances.

Nuts!


16 posted on 09/01/2009 3:16:01 PM PDT by poobear
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To: wrrock

Gov’t bait and switch.


17 posted on 09/01/2009 4:12:48 PM PDT by Jet Jaguar
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