Dealers Make Their Own Automotive Stimulus Plan

Trade for a new or used car!

What!? You could afford your own stimulus the whole time? (Photo: blog.puppetgov.com)

Will $2 billion in Cash For Clunkers money be approved by the Senate? Will the public’s insatiable appetite to recycle their tax dollars on vehicles many of them can’t afford ever be quenched? Will Cash For Clunkers get in the way of the Obama health care plan? These questions and more will be answered in the upcoming weeks. However, consumer greed being what it is, certain automotive dealerships are participating in a program called the Automotive Stimulus Plan. Apparently, they have the money just sitting around to be able to offer consumers the same discounts the taxpayers had to pay for before.

Say WHUUH?

Yes. Consumers come in with their short term loans and cash advances for down payments, and the dealers put up their own money for the discounts. Joshua Miller reports for FOXNews.com that some of America’s largest dealerships have collaborated on this private stimulus package. On trade-in, car buyers will get anywhere from $500 to $4,500 in incentives. That’s on top of the federal program, if it continues to exist. ... click here to read the rest of the article titled "Dealers Make Their Own Automotive Stimulus Plan"