ST Alpha - "you have to take the car to a dealership, they provide you the voucher" (Reading a Post)

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In response to "ML...ok, so explain to me how this works then. If we trade in a "clunker" for this voucher...who do we actually give the car to?" by Jim

you have to take the car to a dealership, they provide you the voucher

Posted by tRuMaN (aka Truman) Jun 25 '09, 07:29

the dealership cannot resell the car, they have to have it disposed of for parts, etc.

so, if the value is more than $4500, it might be better to just sell it and buy something.

but, I bet there will be dealerships which will offer additional incentives on top of the voucher.

Responses:

So, let's say they would normally give me $5000 in trade for this car...the voucher program does nothing for me, yes? -- nm - Jim Jun 25, 07:32 3
- no one really knows. I mean, the dealership gets $4500 in free money to give you, but - tRuMaN Jun 25, 07:34 2
  - Ok...I'm getting it now. So if the best they can do from a scrapyard for my car is say...$500. Then I can get the $4500 voucher, plus the $500 scrap - Jim Jun 25, 07:36 1
    - yeah, you will have to wait and see. -- nm - tRuMaN Jun 25, 07:38

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you have to take the car to a dealership, they provide you the voucher

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