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Oh Yeah, these guys are good!!!

By
Real Estate Broker/Owner with Miller Homes Group

This administration can't handle 3 billion for old cars, how are they going to handle trillions for old people? Blame this one on Bush, you socialist liberals.

The administration has put thousands of Car dealerships on the verge of collapse and all they have is excuses. If you couldn't administer the program without crippling the local service provider, then why start it. I can't wait for the health care debacle. Then people will be dying instead of cars.  

 

 

The Greater New York Automobile Dealers Association, which represents dealerships in the New York metro area, said about half its 425 members have left the program because they cannot afford to offer more rebates. They're also worried about getting repaid. The group's dealers have been repaid for only about 2 percent of the clunkers deals they've made so far.

"It's in the hands of this enormous bureaucracy and regulatory agency," "If they don't get out of their own way, this program is going to be a huge failure."  Mark Schienberg was quoted as saying.

  

Some New Mexico auto dealers have backed out of the cash-for-clunkers program and more may do so as the federal government takes its time providing cash reimbursements. Dealers across the state are owed more than $3.6 million, according to a dealers' group which says that so far Uncle Sam has only written three checks totaling about $14,000.

"You simply can't ask businesses to front $200,000, $300,000 for any period of time," Rep. Martin Heinrich, D-N.M., told KRQE News 13. "These applications are simply not being processed fast enough.

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Posted by

Terry Miller

Miller Homes Group

Tyler Apartment Locator

Comments(12)

Mike Saunders
Retired - Athens, GA

But Terry, this program was an unmitigated success, the administration says so!

Aug 20, 2009 05:11 AM
Linda Ferrara
Coldwell Banker Enchantment Realty - Silver City, NM

Terry, You sound as fired up about this as I do about health care. Honestly, I don't blame this administration - - -but I do blame us, the American people! This administartion is at least trying. Until us Americans stop being a bunch of materialistic brats, we're going to have a lot more of this nonsense. Argh! I'm glad to see that there's so many of us talking about it and expressing our views.

The cash for clunker project had some good concepts - - implementation wasn't great though.........

Do you know anyone who bought a car using this project? I don't.

Aug 20, 2009 05:20 AM
Valorie Stover, Realtor for Casta del Sol
Casta del Sol Real Estate / HomeSmart Everygreen Realty - Mission Viejo, CA
Mission Viejo,CA, Active Adult Community!

Cars were for the most part were cheaper before the dealers thought they could make more money letting the government pay them.

We were going to buy a new car and had been pricing them for about a month before this program started. It cost more now, even if we got the full $4,500 off the same car, we were looking at.

Aug 20, 2009 05:21 AM
Terry Miller
Miller Homes Group - Tyler, TX
Miller Homes Group and Tyler Apartment Locator

Linda I came from that business and have some friends with millions on the street with no guarantee. Some of the dealers went up on price and the factory cut incentives as well. I agree the implementation was terrible... as I lay here in the operating room: LOL just kidding.

Aug 20, 2009 06:06 AM
Paul S. Henderson, REALTORĀ®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Terry, This is not to mention how many people the car dealers had to reassign to handle the extra paperwork and the mechanics to end the life of the clunkers...
The way I see it,
Paul

Aug 20, 2009 07:31 AM
Kim Curran
RE/MAX Unlimited of Northern Virginia - Bristow, VA

Another silly program. And they think they can run health care. Frightening.

Aug 20, 2009 12:10 PM
Hugh Krone
Weichert Referral Associates - Hamburg, NJ
Realtor, Sussex County NJ

But I saw President Obama telling us what a success it was (just like the post office) and we know he wouldn't  lie to us.

 

 

Aug 21, 2009 02:05 AM
Jon Budish
Resident Realty - Fort Collins, CO

There's a simple explanation for the administration's lack of understanding simple business concepts (fronting $200k-300k). How many of them have ever held a position where they had to produce something of value to make an income or meet a payroll?

Aug 21, 2009 03:19 AM
Jane Penttinen
V.I.P. Mortgage - Tucson, AZ
NMLS #222178

I expect to see them all - Obama, Reid, Pelosi - dancing in the streets singing Happy Days Are Here Again!  The recession is over - did you hear?!

Aug 21, 2009 01:30 PM
Russel Ray, San Diego Business & Marketing Consultant & Photographer
Russel Ray - San Diego State University, CA

The Cash for Clunkers program appeared to be a huge success here. I have a good friend who works at the La Mesa Ford dealership and they were inundated. Every dealership I drove by was advertising the heck out of the program, and over in the Mile of Cars in National City and Car Country in Carlsbad, you couldn't find a parking space because of all the people buying cars.

Perhaps in those other areas the car businesses were failures to begin with.

Aug 25, 2009 08:36 PM
Linda Ferrara
Coldwell Banker Enchantment Realty - Silver City, NM

Jon Budish (comment #9): I agree! So many people don't understand how successful businesses run. My husband and I have been noticing this about some Democrat friends of ours. None of them have produced a product and earned a living that way. They earn money through grants, teaching, working for the government, or collecting welfare. (BTW, when did it stop being called welfare???). Maybe that's why Ross Perot intrigued me way back when!!

Aug 29, 2009 06:52 AM
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.

It GW's fault I tell you, he is trying to get every drop of oil out of those clonkers to sell back to the Iraqis or something. GW is running the country from an undisclosed location. Why take blame when you can blame GW.

Sep 03, 2009 04:13 AM