I have been blessed to have dozens of car dealers and consumers keeping me informed on what is happening on the Cash for Clunkers front lines. Yesterday our website, www.cashforclunkersfacts.com
had over 120,000 unique visitors and over 300, 000 page views. This has been one Automotive SEO story for the ages.
Dealers across the country are frustrated. The gripes pertain to the buggy CARS sales submission process and the lack of approved sales to give them assurances of being repaid. If you have been having similar issues, please share your experience
by posting a comment to add some community spirt and support for dealers who are stressed out.
One dealer emailed me yesterday to say that they still do not have a valid NHTSA login to enter their 40+ CARS sales.
Dealers are stressed about floating hundreds of thousands of dollars with not one sale confirmed or repaid. A new cottage industry could start with plenty of takers: Cash For Clunkers Stress Management Classes
In truth, it's not a laughing matter to car dealers who were already struggling with cash-flow due to slowing sales.
No Sign of Hope Yet
Will the NHTSA will get caught up this week and give dealers a reason to continue taking new CARS sales? I doubt it.
If the NHTSA processing backup continues to delay confirmations much longer, dealers will have no choice but to stop accepting new CARS transactions. Only a handful of the most well funded car dealers can float millions without concern.
Consumers are also frustrated looking for a update on their submitted sale . Dealers have nothing to comfort them with because they are equally in the dark. (which reminds me of a mushroom story)
There are many stories we could share which puts in words the stress level of your peers. I picked this one that came in during the past hour: August 4th at 7:30 pm:
Just a heads up – I have talked to 3 other dealers – and no one has got paid $1 dollar yet. I have over $300,000 outstanding in CARS rebates and have been rejected 10 times so far. Some of them have been small mistakes on my end, and some make no sense to me. Here is a response (in green) to one of my cars that got rejected and the reason for it:
The voucher you have submitted with invoice number XXXX has been rejected for the following reason: Please recheck your entire transaction, you may have other errors that will further delay your payment..
The voucher can be resubmitted if the reason for rejection can be corrected.
Please see http://www.cars.gov/dealersupport for more information about the CARS program requirements. Please contact the CARS Help Desk at (866)-CAR-7891 for further assistance.
Seriously? Not one reason why it was rejected! I have to HOPE that I get it right when I resubmit….
I am truly happy for the traffic that the CARS program has brought, but the paper work NIGHTMARE is beyond ridiculous. I believe I will get paid on these, but in the meantime, I am literally having to “float” $300,000. Not a good thing….
$2 Billion Cash for Clunkers Funding This Week
The Cash for Clunkers program $2 billion funding bill looks more promising today as some Senators have softened their objections to the additional funding. Car dealers like the one in this post would be put in a very difficult place if additional funding was not approved.
Cooler heads look like they are starting to understand just how underfunded and oversubscribed the CARS program is and will approve another $2 billion this week. We do not have a date certain when the measure will be taken up in the Senate but it has to be before they break for summer recess in Friday.
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