Ask Me About 'Cash For Clunkers'

Ask Me About ‘Cash For Clunkers’

As I write this article, the government is debating whether to add another $2 billion to the Cash for Clunkers program which may buy you some time to become knowledgeable about it. With all the media attention it has received, I think it is safe to say everyone has heard about it, but there are many questions to be answered.

I don’t expect you to read the government’s 135-page publication detailing the program rules, but you need to be able to combat the “sales job” of the new car dealer.

While the program is designed to stimulate the sale of new, more fuel efficient and environmentally friendly vehicles (that is relative to the trade-in vehicle), it should also stimulate some conversation around your shop with your current customers. The thought of receiving $4,500 sounds pretty enticing to the driver of an older vehicle. But do they have all the facts?

Think about the decision process your customer should go through in trying to determine whether it is better to shell out $20,000 or take on a new monthly payment of a few hundred dollars, or fix up the “clunker.” And who is the best person to discuss these alternatives, the new car dealer salesman or the service shop owner?

This is a conversation you want to have with your customers. In fact, this is your chance to learn about all the vehicles in this family, not just the clunker. This is your chance to help your customer make a very important financial decision. In fact, put a sign on your counter that says, “Ask Me About Cash for Clunkers.”

Whether it is called Cash for Clunkers, Cash for Guzzlers or CARS (Cash Allowance Rebate System), become the expert and help your customers decide if its in their best interest to cash in.

Here are a few facts to get you started:

  • Not every new car dealer has registered and is eligible to provide the discount.
  • The trade-in vehicle must be less than 25 years old and be in drivable condition.
  • The combined city/highway fuel economy rating for the trade-in vehicle can be found at www.fueleconomy.gov/feg/sbs.htm and must be 18 mpg or less.
  • If the new vehicle has a combined fuel economy that is at least 4 mpg to 9 mpg higher than the trade-in vehicle, the credit is $3,500. If the new vehicle has a combined fuel economy value that is at least 10 miles per gallon higher than the trade-in vehicle, the credit is $4,500.

The Cash for Clunkers program may have ended by the time you read this, but hopefully the conversation about maintenance and repair is still alive in your shop.
 

You May Also Like

Standard Motor Products Announces 123 New Numbers

The release provides new coverage in 53 distinct product categories and 47 part numbers for 2023 and 2024 model-year vehicles.

Standard Motor Products, Inc. (SMP) announced the introduction of 123 new part numbers in its March new number announcement. The release provides new coverage in 53 distinct product categories and 47 part numbers for 2023 and 2024 model-year vehicles.

Internal Combustion Engine (ICE) Segment

Standard’s Fuel Injection program has expanded with eight GDI High-Pressure Fuel Pumps and GDI High-Pressure Fuel Pump Kits. Standard’s line of Variable Valve Timing components also grows with this release. VVT Sprockets have been added for Ford vehicles through 2023, and VVT Solenoids are new for General Motors vehicles. Oil Filter Housing Assemblies are new for popular European vehicles, and Oil Coolers have been added for Nissan and Subaru vehicles. Adding to Standard’s extensive Electronic Throttle Body program, new numbers have been introduced for the 2022 Ford Bronco Sport and 2022-20 Ford Escape, the company said.

BendPak Founder Don Henthorn Passes Away

Grew company from small machine shop to global leader in car lifts and garage equipment.

ASE Practice Tests Available Online

You can get a good idea of what to expect by adding the official ASE practice tests to their study plans.

AACF Celebrates 65 Years Serving the Aftermarket

AACF will be announcing more details about this commemorative fundraiser April 1st.

ASE Education Foundation, Goodguys Continue Partnership

Goodguys is one of many industry relationships the foundation has developed to help solve the technician shortage.

Other Posts

Valvoline Celebrates Female Service Center Employees

As women make up more than half of all drivers in the United States, Valvoline is taking steps to increase their vehicle care confidence.

BorgWarner Announces Plan to Reduce Supply Chain Emissions

A partnership with Manufacture 2030 will support BorgWarner in reaching its Scope 3 emissions reduction goal.

Snap-on Continues to Offer Free Weekly Product Training Sessions

The online training and question and answer sessions are free of charge.

AMSOIL Introduces New OE 0W-40 100% Synthetic Motor Oil

The new OE 0W-40 is primarily for newer RAM HD trucks equipped with the 6.4-liter Hemi engine.