Recent reports have emerged that say some dealerships participating in the Cash for Clunkers program are requiring those who trade in a clunker to sign a contract. That may seem like normal practice but this isn’t any normal contract, it’s one that requires the buyers to reimburse the dealer if their clunker isn’t accepted by the US Government.
One such example we have is of a woman in South Carolina who was forced to sign one of these contracts after trading in her clunker and when it was refused by the government, the dealership had her pay $2,500.
We’ll keep you posted as this story unfolds.
Read (LA Times)
Tags: agreement, Cash for Clunkers, contract, dealership
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