Cash for Clunker rebates slowly roll in

By: Ashley Prchal Email
By: Ashley Prchal Email

Some dealerships say they're nervously waiting for Cash for Clunker rebates.

The Cash for Clunkers government program was initiated to raise car sales, to keep dealerships in business and rev-up the American economy. But the dealers who put themselves on the line have yet to receive all the money they dished out.

"At first it was really slow. I think the government had to figure out exactly how much money was out there and went and scrutinized every deal," says Shawn Harrison, general sales manager for Grand Valley Hyundai.

Grand Valley Hyundai sold thirty-three vehicles. Twenty-five of those cars have been paid off by the government, but they are still waiting on payment for eight remaining cars. Though Harrison says payments have started picking up in the last few days.

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