Cash for Clunkers Gets a Tune Up? - WTVM.com-Columbus, GA News Weather & Sports

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Cash for Clunkers Gets a Tune Up?

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By Zaneta Lowe  - bio | email | Twitter

COLUMBUS, GA (WTVM) - Cash for Clunkers may have gotten a new lease on life. The program was in danger of being suspended as early as today after running out of money. That's until  lawmakers voted to pump $2 billion into the program.

Meanwhile, here locally, both dealers and consumers are scrambling to take advantage. 

"I wanted to know more about it," says Rodney Brooks who says his interest in Cash for Clunkers was the sole reason he visited Rivertown Ford Friday.

"I have an '04 Taurus that's got high miles on it, and I've got to make a decision actually Monday and it was a great time to see if it was an option to be able to trade for possible $4500 in value," says Brooks.

Unfortunately for Brooks, his vehicle didn't qualify.  However, that wasn't the case for Thomas Jessee.

"I hear of this program of trading old cars in for new ones so I decided I'm gonna try it out," says Jessee. 

In the end, Jessee walked away with a brand new Ford Fusion after trading in an old Crown Victoria.

"It was good, a lot more than I thought I was gonna get so, it worked out," Jessee says.

Despite Jessee's success, it may not work out so well for every customer.

Cash for Clunkers is running out of money, which means dealers and customers could be running out of time.

The program did get a possible $2 billion boost Friday and dealers we talked to say they hope it continues, because a boost is exactly what it's been for their business.

"Well it's been making up probably 80% of our business for the last week, which it's been very robust, traffic's been alot, there's been alot of foot traffic over it," says Rivertown Ford General Sales Manager Brad Williams.

"Our business is actually up 25% since this thing has really hit and people have really gotten the information about it, so it's good for us," says Legacy Automotive General Sales Manager Lloyd Yancy.

Both Yancy and Williams say they plan to continue offering and processing Cash for Clunkers deals, until notified otherwise.

The measure is expected to go to the Senate next week.

 



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