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I dont think it was executed well at all and will cause nothing but problems down the road.
I think a lot of these dealerships will get fucked for the rebates. There was pretty strict criteria that you had to meet to get the $4500 rebate but some dealerships were just giving them out to anyone.
There was a lot of shaddy dealerships taking advantage of people who should probably not be buying a car in the first place. I believe it was on the local news here or in the paper that a man bought a car from a used car dealership and the dealer told him that HE would get the rebate from the gov't. This kinda shit pisses me off when greedy slim ball car dealership fucks take people for more than they should.
Plus Im sure there is some fine print that if the dealer does not get the rebate then they can come after you for it. It wasnt just Toyota, Ford, GM, etc, but every little used car dealership using this as an advertising ploy as well.
As well, there are a lot of people that should not be buying a new car but got the loans because the gov't is trying to stimulate the economy. when people hear of a "deal" like this they love to jump on it thinking if they dont take advantage, they will loose out forever.
Likewise, now they are offering a "cash for clunkers appliance" program?? I can only see what Home Depot will do with this...
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