No Deal

by digby

The cash for clunkers program has a bunch of rules, one of which is this one:

Consumers with eligible vehicles qualify for either $3,500 or $4,500 toward the purchase of a new vehicle depending on the fuel economy difference between the old and new cars. This amount is in addition to any rebates or incentives offered by the manufacturer for that model, and dealers are not allowed to use the CARS credit to offset those discounts.

I’ve had a couple of readers write in to tell me that car dealers are telling their customers that the rebates supercede any incentives they had been offering and refusing to deal at all. Evidently, this has something to do with the fact that the rebates got to the dealers instead of the buyers.

Has anyone else heard anything about this?

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