Cash For Clunkers Program Ends Monday 08-24-09 – Appliances Next?By Cuong Huynh • Aug 21st, 2009 • Category: Clean Car Talk Daily Snapshots, Videos
So car buyers are exhausting $3 billion allocated to the Car Allowance Rebate System (CARS.) The government announced that this so-called Cash For Clunkers program will shut down on Monday 08-24-09.
All dealers have to submit all paperwork by 8 PM (EST) on Monday to guarantee they get payment of $3,500 or $4,500 per qualified car sold. That’s a lot of paperwork crunched into a short amount of time. Some dealers already said they will stop participating earlier to make sure they have time to finish all paperwork on time.
The appliance industry wants to be next? This may start a trend.
CNN news clip.
Cuong Huynh is a marketing communications consultant working in the San Diego area. Cuong is dedicated to helping individuals and companies maximize their presence on the Internet and efficiently take products and services to market through SEO and network marketing. Cuong also maintains a blog on Marketing at marketingautopsyblog.com. You can also find Cuong Huynh's profile on LinkedIn. For fun he maintains a blog on Vietnamese pho, soccer and do storyboards for movie and film projects. Follow Cuong on Twitter @CuongHuynh, @LovingPho, @CleanCarTalk, @BlockbusterFilm, @SoccerUSA.
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