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Old 08-19-2009, 09:08 AM   #30
aircooled
 
Drives: 2005 Chevy Cavalier
Join Date: Jul 2009
Location: Mid-Michigan
Posts: 26
Quote:
Originally Posted by UCI CamaroFan View Post
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.
And they won't recoup any of that cost until the car is shredded and they must have the correct proof stating the car was indeed shredded and not parted out. And I don't know about else where but the two places that shred the cars around here can't keep up, I think I read they can do about 10 cars a day thats in nothing goes wrong.
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