Comments on: Watch What You Sign Before Using Cash For Clunkers

By: Robert

Robert — Fri, 18 Sep 2009 18:55:36 +0000

Your car insurance will also skyrocket after you’ve dumped a clunker for a new vehicle.

By: ffb

ffb — Wed, 26 Aug 2009 01:44:45 +0000

A receipt? I haven’t heard that that is a requirement. Perhaps it’s just the dealer? I’d think having the registration and title would be enough.

By: klchieri

klchieri — Mon, 24 Aug 2009 17:09:56 +0000

So how many other people ran into the roadblock of not being able to produce a receipt for registration of the vehicle past the current? We drove an hour and a half to a small town north of Houston only to be turned away because we did not have 2007 receipt for our clunker. If you are as organized as I am, you throw the old receipt away when you get the new one. The tax collectors office said CARS did not bother to find out what they (TAX OFFICE) could provide. Our registration was renewed Dec 2008. I guess we were just screwed because we didn’t keep a receipt from 2 years ago. I was just wondering how many other people out there who fell in that same category?

By: -> Cash For Clunkers Program Is Suspended Again. Gas Guzzler Trade-In Program Ends Monday. | Bible Money Matters

Fri, 21 Aug 2009 14:16:27 +0000

[...] if you’re signing a deal this weekend, be careful of what you’re signing as some dealers are adding clauses to the contract stipulating that you will have to pay them back [...]

By: ffb

ffb — Fri, 21 Aug 2009 02:38:08 +0000

Absolutely buyer beware!

By: ffb

ffb — Fri, 21 Aug 2009 02:37:29 +0000

I hope so!

By: Peter

Peter — Thu, 20 Aug 2009 22:39:46 +0000

Be very careful folks – now dealers are withdrawing from the program because they’re not confident that they’ll get reimbursed through the program. Many submissions are being denied for silly technicalities, and by many accounts only a small number of dealers have actually been reimbursed. I’ve heard anecdotal evidence of clauses like the one you mentioned being included – so be very careful what you sign!
Peter´s last blog ..Five Things That Don’t Affect Your Credit Score

By: Jeff@MySuperChargedLife

Jeff@MySuperChargedLife — Thu, 20 Aug 2009 20:40:53 +0000

On one hand, you can’t blame the dealers for including a contingency clause. They could lose some big bucks if the gov’t doesn’t come through on this for them. On the other hand, it would definitely bite to think you were getting a $4500 rebate and then later find out otherwise.

FFB – You may save a reader that is thinking about using Cash for Clunkers from a lot of grief with this post!
Jeff@MySuperChargedLife´s last blog ..Kid’s Habits: Prepare Your Child For A Great Life

By: Ashley

Ashley — Wed, 19 Aug 2009 16:45:32 +0000

Oh course they do! But as we’ve all learned with the current economy, the short term benefit of throwing someone else under the bus always fails short of the long term problems you’ll face for your actions at the end of the day.
Ashley ´s last blog ..Bad Poetry Contest: Credit Edition – $1000 Prize!!

By: ffb

ffb — Wed, 19 Aug 2009 16:41:44 +0000

From car dealerships? I’m sure they throw people under the bus all the time!