Reply #5: We did the clunker too, no problems [View All]

[DemReadingDU]

Traded in big old 1995 Ford van with fuel ignition problems, reeking of gasoline. Horrible gas mileage. Paid cash for Chevy Aveo.

It was simple for us. We had to show the title in our name, and that the car had insurance for the past 2 years. (You can't just go to the junkyard and get a clunker to trade it in.)

The dealers don't have to receive the money first either, before letting you complete the deal, or impairing the engine of the old clunker.

According to a revised law, the dealers have a week after they get the rebate money before the clunkers are disabled. I'm wondering if the money isn't received from the government, could the dealers re-sell the clunkers?

More info...
8/5/09 'Clunkers' Pile Up On Auto Dealer's 'Death Row'
On Friday, the government changed the rules to give dealers seven days after they receive refunds to disable the cars.
http://www.npr.org/templates/story/story.php?storyId=111561543