Re: Cash For Clunkers
I wouldn't be surprised if this country see's a big surge in deliquent new car loan payments over the next few years.
Watch many of those 358,851 put their barely broken in new fuel efficient vehicles they just bought,up for sale too.All because many who really could't afford a new car in the first place,rushed to take advantage of this limited rebate offer.
They're already speculating that this years Holiday shopping season could be the weakest known to mankind.Due to,among other things,people scraped to find the means to purchase a new vehicle when they really shouldn't of,and may have exhausted most of their X-mas cash.
I hope this isn't the case..
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