Cash For Clunkers Bumping Sales By Almost 50% At Some Dealerships

Car buyers throttled back from the mad dash last week, but sales were still brisk over the weekend as the "cash for clunkers" program continued to attract crowds to Southern California dealerships.

The Senate on Friday voted to pump an additional $2 billion into the popular auto rebate program, which should be enough to extend it through Labor Day. As expected, that slowed traffic somewhat to dealerships after last week's frenzy, when consumers rushed to car lots fearing that the program would run out of money.

Although car sales didn't double like the weekend before, they were still 25% to 50% higher than usual at many dealers in Los Angeles County -- a surge attributed to the clunkers rebate.

BMW 5-Series GT Turismo Photo Gallery

2009 Frankfurt Auto Show Photo Gallery

AutoSpies.com Photo Galleries

If you want to see your photos running on our homepage photo ticker, be sure to upload your photos on the go by sending them to Mobile@AutoSpies.com

Share on Facebook

Read Article

NannerPus - 8/10/2009 4:27:42 PM

+1 Boost

I am so thrilled that my tax dollars are being used to line the pockets of douchebag sales managers at cars stores. Well done.

camrydriver - 8/10/2009 5:17:46 PM

-1 Boost

It isn't your tax dollars, it's your kids, grandkids, great grandkids, and great great great great grands kids tax dollars who will be paying back the debt to china. Another point you seem to miss is that most of the profit goes to asian cars makers. So be happy that your future family has been saddled with transferring wealth to the orient.

THAT is truly Well Done!