CARS Program Running in High Gear

After the webinar yesterday we sure had a lot to talk about and after hours of doing just that we are in the proccess of putting together a very ‘awesome’ looking ‘kit’ for our affiliates to take around to local dealers so they can get hold of some of the vehicles brought in through the ‘cash for clunkers program’.

One of the burning questions we had was what would happen to the salvage price over the $50 the dealers are able to take as an administration fee?  It seems anything quoted (one of the rules of the program is that all dealers have to give the customer an estimate of the salvage value of their vehicle) above and beyond the $50 is taken off the price of the vehicle to the customers advantage.

I am getting ready to start a pool on how long the initial funds of $875,000,000 will last, want in?