Cash for Clunkers ends today, but Bill Sepic with the Wisconsin Auto and Truck Dealers Association thinks most dealers here have already wrapped it up.
Sepic notes that only about thirty percent of Cash for Clunkers submittals have been paid. “That means seventy percent of all the submittals have not yet been paid,” says Sepic. “So you have a number of dealers with a tremendous cash outlay. They are going to be very meticulous about making sure that every I is dotted, every T is crossed.”
Sepic thinks most Wisconsin dealers concluded Cash for Clunkers deals on Friday or Saturday. He says feedback from Wisconsin dealerships has generally been positive. Sepic also credits the Cash for Clunkers program with a ripple effect, boosting consumer confidence overall.
