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 ...
Remember when the City of Chicago had a hard time of getting Obama to pay for the costs incurred for his Election Victory Party? Did he ever pay them?
I guess what I’m trying to say is that the dealers are happy to benefit from the program with increased sales, but if there’s any downside, they want to ship that straight over to the customer.
What does he think Obama can do that would have any impact on a leviathan bureaucracy? Or is he suggesting that money is the issue and that if O'd put a two month moratorium on "date night" there'd be money to pay?
I predict we will see consequences well into the next decade, if not the next generation.
Never accept a federal subsidy.
Tell you what I’d do If I were the dealers: I would keep the clunkers (in working condition with all their parts), and if the government defaulted on their cars- I’d simply call the clunkers “Hard Assets” and sell or trade them as used cars/parts (you won’t make up all the $4,500, but at least you’ll get something).
Now they are crying because the Federal Government is not paying up?
The FederalGovernment is BROKE.
Add to that incopmpetent, incapable and corrupt.
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That’s how all of us should see and treat the federal socialists...we (barely) need ‘em.
THROW the BUMS out!!! 11/2010 is coming...
When your hospital doesn’t get paid or your doctor doesn’t get paid, see how good your treatment is then............
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And how long you have to wait for life saving surgeries...
And bammy promises us that we won’t have to wait...uh huh.
One day we were chatting before my actual “why are you here?” and I asked her why. She said she was owed something like $287,000 and as a one doctor office she just can’t afford to do business that way.
I can’t complain, the waits to see her are much shorter but now all those Medicare patients are out of an excellent doctor.
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The socialists want to force them to do business with them (that way), and to get paid a pittance to boot. They demonized the insurance companies, why not the rich docs too?? You’re next docs, if you don’t stop this crazy socialist mess. Imagine how few people will want to go into medicine given that morass? And guess how to stop getting innovation in the medical system - take all incentive and risk reward OUT of the system.
Welcome to AmeriKa.
Dealers aren’t getting paid by the government for selling vehicles to people who can’t afford new vehicles in the first place but are enticed by the government to spend money along with the government (via tax money being printed) that nobody can afford and the dealers are concerned about getting stiffed for the money??
They can’t even do this short-term thing right but they can run health care??
Words to live by.
The Customers voted for Obama. (NH) they should pick up the tab.
And that's when *I'LL* buy one.
Favorite tactic of public and private bureaucrats alike--refuse to take action because an i wasn't dotted nor a T crossed. Delay payment for as long as possible with no appeal and no compensation for the delay. Happens every day.
As someone who deals with medical claims I know!
The government is so slow at reimbursing Medicare & Medicaid that it should be embarrassing to them. Of course, it's not. Just like it doesn't matter at the IRS when they make a mistake. The taxpayer is going to pay for it anyway!
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