For all the program's acclaim, the $3 billion economic stimulus effort is causing headaches locally for car dealers as well as buyers, who can get up to $4,500 off their purchase by handing over older, less-fuel-efficient vehicles.
The federal government has been slow to process the tens of thousands of clunker applications nationally, and that's creating a series of hang-ups.
Like Faulk, many other buyers have yet to receive their new cars, as dealers hold out to receive clunker funding — even though withholding a car is in violation of a federal government directive.
Other buyers are getting their cars, but dealers are presenting them with agreements to pay back the dealership if clunker funding is rejected. That, too, is wrong, the federal government says.
Do you want to know why dealers are doing this.
Reader Tim passed along a story he heard about a dealership who did all the CARS paperwork only to have the feds withhold $2,200 of the $4,500 because the car buyer had an outstanding tax lien.
How in the hell is a dealer supposed to know of an outstanding tax lien, back child support or a delinquent student loan subject to a refund confiscation?
The Federal Government.....
You want something screwed up, we're your guys.
more......
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