My grandson works for the local Dodge dealer and he told us yesterday that the only sales they are making is using this stolen money scheme. They go directly to the Masher and he can’t even take any parts off of them before they leave the lot...
The local paper here (Indiana) surveyed dealers.
It appears the typical “clunker” trade-in is a pickup with 300,000 miles worth $1000-$1500. In reality there’s not much value above scrap metal in a vehicle like that.
I posted this same sentiment in another thread yesterday, but I can’t help but repeat myself. This program destroys the capital of the country, using borrowed money to do it. This program makes the country poorer.