Tuesday, July 21, 2009

Toyota Cash for Clunkers Program

$1,000,000,000,000.00 up for grabs! I am having an Austin Powers flashback. ONE BILLION DOLLARS.

A billion dollars sounds like a lot of money. But it breaks down something like this: The government rebates are either $3500 or $4500. Let’s just take the average of the two, $4000. 4000 goes into one billion two hundred and fifty thousand times (250,000). I think that I heard that across the country there are roughly 750,000 clunkers that will qualify. That means potentially two thirds of the people that qualify will be left out! The boost this program will bring will raise the car sales rate to about one million units per month. Huh?... This thing will be out of cash in just a couple of weeks.

This isn’t a scare tactic, just the math. If you are interested in this program don’t hesitate. One news cast that I watched said, “If you miss this your golden chariot will turn back into a pumpkin.”

Call 940-239-6401 to schedule an appointment as soon as possible.

T.J. Houghton
General Sales Manager

Here are a couple of good videos that give a nice overview of the program: