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NH customers asked to cover tab for clunkers
Union Leader ^
| Aug. 21, 2009
| TRENT SPINER AND MARK HAYWARD
Posted on 08/22/2009 12:30:26 PM PDT by george76
Frustrated with delays, rejections and computer-system crashes, several New Hampshire auto dealers are making car buyers pledge to cover rebates if the federal government doesn't come through with checks under the Cash for Clunkers program.
Auto dealers say they are doing so because the federal government is a clunker when it comes to sending out rebate checks of $3,500 or $4,500 per car.
The New Hampshire Auto Dealers Association created the draft agreement earlier this month and sent it to members, said President Peter McNamara.
Some dealers aren't using the agreement. Others are negotiating the agreement into the deal. McNamara said dealers are having problems getting rebates from the federal government, despite a law that requires any rebate application to be answered within 10 days.
At Bonneville & Son in Manchester, the company has not received a single rebate, despite the 70 Cash for Clunker deals it signed since late July. Manchester Subaru has had one of 25 rebates approved.
For some dealers, the IOUs surpass $500,000, McNamara said. "For any dealer, $100,000 represents a serious cash-flow issue if you don't know when it's going to come in,"
(Excerpt) Read more at unionleader.com ...
TOPICS: Business/Economy; Crime/Corruption; Front Page News; News/Current Events; US: New Hampshire
KEYWORDS: bho44; bhodot; cash; cashforclunker; cashforclunkers; clunkers; dealerships; lping
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To: ClearCase_guy
As far as I can see, the media is presenting this program as a huge success. I must be missing something as far as I can see, its an epic fail. Government spokesman to MSM: "We blew thru the entire three billion in less than 2 weeks ... so successfully that we're canning the entire program immediately"
Doublespeak never sounded so good ... /sarc
To: george76
“You ****ed up, you trusted us.”
22
posted on
08/22/2009 1:22:31 PM PDT
by
denydenydeny
("I'm sure this goes against everything you've been taught, but right and wrong do exist"-Dr House)
To: K-oneTexas
This is the same government which, with all its demonstrated efficiency, intends to take over our medical care.
23
posted on
08/22/2009 1:23:34 PM PDT
by
ArmyTeach
(Sprit of '76)
To: ArmyTeach
Oh, yes in deed.
Insufficient power in the hands of the Elitists in Washington DC. Need more.
And don’t forget what it will add to the deficit and the national debt.
I’m thinking that as car dealers become more aware of the ‘short-comings’ of the legislation it might push Washington to make these “economic benefits to the people” unfunded mandates that the States must pony-up (muck like Medicaid and a few others).
24
posted on
08/22/2009 1:32:16 PM PDT
by
K-oneTexas
(I'm not a judge and there ain't enough of me to be a jury. (Zell Miller, A National Party No More))
To: MamaTexan; Rome2000
I fail to see what the entire point of this ridiculous 4 week long fiasco was.I think that Obummer doesn't give a flying f___ if the dealers get paid or not. In fact, them not getting paid may be part of the plan. Gubmint Motors and Fiat/USA won't be hurt because the gubmint can just print money for them, but some private sector dealers may go under. Zero hates corporations, so that will be just fine by him.
Obozo wanted a bunch of poor people to get new cars, and they did. If they start defaulting on their loans, then watch Obama step in and use taxpayer $ to keep their cars from being repossessed.
25
posted on
08/22/2009 1:33:34 PM PDT
by
webschooner
(First they ignore you, then they laugh at you, then they fight you, then you win -- Mahatma Gandhi)
To: ArmyTeach
My cynicism meter is WAY UP.
Notice how they DUPED the dealer into this debacle.
If they had told the consumer, go ahead and buy the car, we will send you a check, EVERYONE would be looking for a check.
As it is, they just ‘stick’ a few dealers and the masses remain untouched...Never mind it was YOUR MONEY to start with, it was just “Joe Six Pack” getting HIS from “Champagne Charlie”...
26
posted on
08/22/2009 1:34:38 PM PDT
by
xrmusn
(VOTE THE INCUMBENTS OUT)
To: george76
On Friday Gibbs categorically blamed the dealership’s “mistakes” for non-payment.
We all know that the government only hires the best of the best and they could NEVER make a mistake!
27
posted on
08/22/2009 1:35:33 PM PDT
by
Eaker
(The Two Loudest Sounds in the World.....Bang When it should have been Click and the Reverse.)
To: george76
As Rush stated, now they want a Cash For Caskets program.
28
posted on
08/22/2009 1:40:53 PM PDT
by
Mark
(Don't argue with my posts. I typed while under sniper fire..)
To: Iron Munro
Absolutely perfect!
One picture says it all!
29
posted on
08/22/2009 1:47:16 PM PDT
by
Eaker
(The Two Loudest Sounds in the World.....Bang When it should have been Click and the Reverse.)
To: george76
All dealers should have rejected this program which was placed on the backs of taxpayers. Didn’t they learn from the auto bailouts what happens when a company does business with Obama? He pulls the plug and assumes command.
These dealers get what they deserve. I have no empathy for them. Nor do I have any for those consumers who jumped on the bandwagon to get a better car deal. They did so with full knowledge it was the American taxpayer who held the burden to support the deal on their new car. But they didn’t care, nor did those dealers who participated in this taxpayer ripoff scam.
So yea, I hope those dealers and their customers suffer.
30
posted on
08/22/2009 2:00:09 PM PDT
by
takenoprisoner
(Freedom Watch: fight for freedom with everything you have.)
To: george76
So the gov't. is subsidizing new car purchases with taxpayer dollars. Then they destroy the trade-in 'clunkers' for absolutely no return value to the taxpayers. On top of that now they are delinquent on reimbursing the auto dealers for their 'clunker' $$. FUBAR!
Government is not reason, it is not eloquence, it is force; like fire, a troublesome servant and a fearful master. Never for a moment should it be left to irresponsible action
. General George Washington -
31
posted on
08/22/2009 2:30:55 PM PDT
by
tflabo
(Truth or Tyranny)
To: george76
making car buyers pledge to cover rebates if the federal government doesn't come throughSo now CAR BUYERS have to BAIL OUT the U.S. GOVERNMENT's BAD DEBT.
If I were China I'd be pretty scared about my investments.
32
posted on
08/22/2009 3:00:50 PM PDT
by
cmj328
(Filibuster FOCA--a/k/a this "Health" Bill--or lose reelection)
To: takenoprisoner
All dealers should have rejected this program which was placed on the backs of taxpayers. Didnt they learn from the auto bailouts what happens when a company does business with Obama? He pulls the plug and assumes command.
These dealers get what they deserve. I have no empathy for them. Nor do I have any for those consumers who jumped on the bandwagon to get a better car deal. They did so with full knowledge it was the American taxpayer who held the burden to support the deal on their new car. But they didnt care, nor did those dealers who participated in this taxpayer ripoff scam.
So yea, I hope those dealers and their customers suffer.
I work in the auto parts business, well, I deliver parts to our commercial customers which are mom and pop mechanics, chain mechanics, used car dealers and even new car dealers. We took somewhat of a hit during this program but we are getting busy again. I did talk to a used car dealer who sells budget cars, good cars, for $2000 to $5000. He took a serious hit, only had one sale in 3 weeks.
Obama out to help the poor, give me a break! Most people I hang out with are working class just making it. I'm also of limited means. Those lower priced cars are the thing for my friends and myself. By destroying perfectly good cars, Obama has stuck his nose in the marketplace and taken a good number of these cars off the table, cars the poor people need and can buy. I'd rather see some of these cars even go to vets, battered women and so on instead of destroyed. You cannot even pull many of the parts from these cars too, parts that can be reused and refurbished.
$4500 ain't a lot on some cars, if the economy keeps going down the commode as indications are showing, expect these "Obama-mobiles" to be repossessed in the next 3,6 or 12 months.
33
posted on
08/22/2009 3:06:34 PM PDT
by
Nowhere Man
(Woodrow Wilson should have been waterboarded.)
To: takenoprisoner
RIGHT ON! Is anyone here a car dealer or a customer on the dole? Step up.. people worked hard for the money you are stealing so the least you can do is raise your hand.
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To: bigbob
wasnt Obama going to put gas in our tanks too?
___________________________________________________
Yes. And pay our bills. /s
Kool-aid gives one a nasty, little hangover, doesn’t it?
35
posted on
08/22/2009 3:58:44 PM PDT
by
RushIsMyTeddyBear
(“During times of universal deceit, telling the truth becomes a revolutionary act.” -George Orwell)
To: SECURE AMERICA
The law requires reimbursement to auto dealers.
Now they are crying because the Federal Government is not paying up?
Spoken like someone on a lifetime dole or perhaps at best who sometimes worked for someone else. What would you say if Social Security payments were postponed?
To: kcvl
No big deal. Problem is that government workers assigned to process the C4C applications were surprised that they had to work a little harder to keep up and simply went on vacation. The problem will be remedied with the addition of 2 million more unionized workers to handle the workload and a new Clunker Czar.
37
posted on
08/22/2009 4:32:00 PM PDT
by
JrsyJack
(There's a little Jim Thompson in all of us)
To: kcvl
No big deal. Problem is that government workers assigned to process the C4C applications were surprised that they had to work a little harder to keep up and simply went on vacation. The problem will be remedied with the addition of 2 million more unionized workers to handle the workload and a new Clunker Czar.
38
posted on
08/22/2009 4:36:19 PM PDT
by
JrsyJack
(There's a little Jim Thompson in all of us)
To: Abathar; Abcdefg; Abram; Abundy; akatel; albertp; AlexandriaDuke; Alexander Rubin; Allerious; ...
39
posted on
08/22/2009 4:36:45 PM PDT
by
bamahead
(Avoid self-righteousness like the devil- nothing is so self-blinding. -- B.H. Liddell Hart)
To: george76
Since payment to dealers in cash 4 clunkers is delayed, interest at credit card rates should be added to the reimbursements.
40
posted on
08/22/2009 4:37:23 PM PDT
by
magooey
(The Mandate of Heaven resides in the hearts of men)
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