It seems that the rush to avail the Cash for Clunkers program is slowing down despite the additional funding provided by the U.S. government. Compared to the consumer response during its inauguration last July 27, it seems that the sense of urgency by the people to avail of the program has sorely diminished.
Apparently this is because of the additional funding. With the new influx of funds for the program, there is no rush needed to avail of the said deal. People are taking their sweet time or may have decided to forego the said car rebate program due to financial weights. So does this mean that the motorists have set aside the Cash for Clunkers program opportunity?
For now, it seems that people feel no rush to avail of the program. The scenario is the same for a new gadget released in the market. Rushing to get one is the only thing in any consumer’s mind. Now however, with an abundance of resources in the form of funding, people don’t have to worry about running out of funding. There is plenty to spare so why bother to be affected by it?
(Source) Press
Tags: abundance, car rebate, consumers, gadget, Inauguration, influx, motorists, program opportunity, rebate program, rush, sense of urgency, sweet time, weights