{"id":257,"date":"2009-08-19T00:00:00","date_gmt":"2009-08-19T00:00:00","guid":{"rendered":"http:\/\/blog.njstateauto.com\/auto-loans-financing-news\/used-cars-in-new-york-may-be-better-bet-after-cars-program-non-payment\/"},"modified":"2009-08-19T00:00:00","modified_gmt":"2009-08-19T00:00:00","slug":"used-cars-in-new-york-may-be-better-bet-after-cars-program-non-payment","status":"publish","type":"post","link":"https:\/\/www.njstateauto.com\/blog\/used-cars-in-new-york-may-be-better-bet-after-cars-program-non-payment\/","title":{"rendered":"Used cars in New York may be better bet after CARS program non-payment"},"content":{"rendered":"

Roughly 200 new car dealerships in the New York metropolitan area have stopped participating in the Cash for Clunkers program, which may make used cars in New York<\/a> a more viable option for buyers looking for affordable options.<\/p>\n

The initiative requires that dealers pay customers for turning in less fuel efficient vehicles and wait for the government to pay them back, a process that has only happened for roughly 2 percent of purchases that use the program, reported the Associated Press.<\/p>\n

It had originally been seen as a boon for the dealers as it drove sales, but sporadic cash flow has left many with funding problems caused by the lack of reimbursement, noted the wire service.<\/p>\n

The Greater New York Automotive Dealers Association had previously been supportive of the initiative, with Mark Schienberg advising prospective buyers to “go into the [showroom] and make the best deal you can, regardless of the government rebate,” according to the New York Times.<\/p>\n

Doing research and negotiating may now help those who could turn to used cars in New York<\/a> because of price constraints.<\/p>\n","protected":false},"excerpt":{"rendered":"

Roughly 200 new car dealerships in the New York metropolitan area have stopped participating in the Cash for Clunkers program, which may make used cars in New York a more viable option for buyers looking for affordable options. 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