Car Dealers Fight Slow Sales After Clunkers?
By
Randy-G
on September 13, 2009 at 12:36 pm
Like no one saw this coming, bits and pieces below.
The clunkers program lured hundreds of thousands of people to dealers in July and August with government rebates of up to $4,500 to trade in older, inefficient vehicles for newer, more fuel-efficient ones.
While most dealers are grateful for the boost, they’re paying for it now with fewer customers. The government rebates drew people into the market who otherwise would have kept driving their clunkers due to uncertainty over the sputtering economy. Those customers might have made their purchases later in the year.
More if you care.
