Friday, July 31, 2009

No More Cash (at the moment) for Clunkers

Well, contrary to what I thought would happen, the gumint ran through it's $1,000,000,000 pile of dough allocated for its 'CARS' program in less than a week. Looks like there was some pent up demand for purchasing a car with some of yours and my money. ; -)

The dealers were pretty creative in how they worked the program. Ad blitzes, publicity stunts (involving monster trucks and crushed cars in at least one case), and additional financial incentives were enough to draw folks into showrooms and buy.

The next question is will there be an emergency appropriation to add additional funds to the program.

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