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I went and bought my car yesterday. Anyways, when I was there, my salesman told me that behind the dealer they have a quarter million dollars worth of clunkers that they have not see a penny on yet.
In addition, a local toyota dealership has about 12 million dollars in clunkers that they have not seen a penny on yet.
So, while sales may be up, dealerships are not recouping those costs yet.
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