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Dealers Launch ‘Private’ Stimulus Plan

A press release from AutoStimulusPlan.com:

Top U.S. Dealers Launch Auto Stimulus Plan To Help Consumers Left Behind By Government’s Cash For Clunkers Program

NEW YORK, Aug. 5 /PRNewswire-USNewswire/ — Www.AutoStimulusPlan.com launches today. Some of the largest automotive retailers in the country are launching today a privately funded stimulus program to provide up to $4500 in additional incentives for consumers to making it easier for them to get a newer more fuel efficient vehicle. The dealer funded Automotive Stimulus Plan was designed to complement the government’s program and to compensate for some of the gaps that don’t allow consumers to purchase pre-owned vehicles or chose a short term lease. Originally expected to launch on August 14(th), the Plan’s launch was pushed forward to today due to the recent developments with Cash For Clunkers.

"The government program has been fantastic for business but some of our customers have been disappointed because the program’s rules left them behind," said Scott Gruwell from Courtesy Chevrolet, one of GM’s largest dealers and one of the retailers participating in the Auto Stimulus Plan. "Letting consumers lease a new vehicle or buy a pre-owned vehicle makes it affordable for a lot of people who could not participate otherwise."

The stimulus program was slated to start on August 14(th), 2009 but participating retailers decided to launch the program this week because of the instability of the governments program. "We have invested hundreds of thousands of dollars to attract consumers to the dealership and we don’t know if the government will have the money to fund the program," said Brian Benstock from Paragon Auto Group, one of the participating dealers in New York City. "Now we are prepared to help our customers even if the government program runs out of money. Our motto is ‘no customer left behind.’"

The Automotive Stimulus Plan gives consumers up to $4500 in incentives towards the purchase or lease of a new or pre-owned vehicle. The program promises fewer requirements, easier paperwork and no required down payment if the consumer qualifies. "If the government’s program gets more funding it will help a lot but there are still consumers who can’t afford it and the Auto Stimulus plan is designed to help them," said Rick Case, owner of Rick Case Automotive Group in Florida, Georgia and Ohio. "Consumers will pay less per year to drive a newer car because the payments are so low and the gas and repair savings are so high."

The Automotive Stimulus Plan is a private sector program funded by retailers to provide incentives to consumers that will help the economy and the environment at the same time. To qualify for an incentive, a consumer must select a new or pre-owned vehicle that gets two mpg better mpg than their current vehicle, which is the same requirement the government program has for SUV’s, but this applies to all vehicles under the dealer’s plan.

If a consumer does not have a trade, they can participate in the program if they select a vehicle with two mpg better than the government’s mpg requirement of 17 mpg. "The mpg requirements are lower because our primary goal is to help consumers that don’t qualify for the government’s program and to stimulate the economy through improved sales, jobs and spending," said Gruwell. "As a result, the environmental benefits will not be as big as the government program but it will help more customers purchase more fuel efficient vehicles."

"We have customers who measure their vehicles mpg weekly and they get 12 mpg but the government’s calculator says they get 19 mpg so they don’t qualify. Our program makes it easier for them get a more fuel efficient vehicle by not having a mpg requirement for their current vehicle," said Benstock. "Under our stimulus program a customer can get a new Accord for five dollars a day which means they can drive a car for practically free when you deduct the gas savings."

The Automotive Stimulus Plan incentives vary by state and the make and model of the vehicle they select. Consumers can learn more about the program and begin connecting with participating retailers by visiting: www.AutoStimulusPlan.com.

Automotive Stimulus Program Requirements:

   1. Current vehicle is a 2006 or older
   2. Current vehicle is operable
   3. Current vehicle has been owned for a minimum of six months
   4. Current vehicle has been registered for a minimum of six months
   5. The replacement vehicle has to be more fuel efficient by a minimum of two mpg
   6. Incentives vary based on current vehicle and desired vehicle (visit www.AutoStimulusPlan.com for details)
   7. Incentives vary by State, Make and Model. Incentives vary in some states due to state laws that regulate to automotive advertising and promotion.

The Auto Stimulus Plan will end on November 1(st) and will continue if the government’s program expires before that date.

Participating dealers are eager to get the stimulus plan started ahead of schedule because of the recent turbulence with the government program. "We intended for our Stimulus Plan to compliment the government’s program but now it may have to take its place when the government funds run out," said Vince Sheehy from Sheehy Automotive Group in Washington DC, Virginia, Maryland and Baltimore, one of the participating dealers.

The organization informs consumers that they should be patient if they cannot get through to the website this week, as the program is being launched and traffic levels may be high. When the governments program went live they experienced difficulties with high traffic volumes that affected their servers and the AutoStimulusPlan.com website may experience similar issues. Consumers are advised to visit at a later time if the site is not functioning properly.

The American system doing what it does best.

When it is allowed to.

This article was posted by Steve on Wednesday, August 5th, 2009. Comments are currently closed.

5 Responses to “Dealers Launch ‘Private’ Stimulus Plan”

  1. U NO HOO says:

    I think I said this before, we bought a 2009 new car, received about $4,500 incentive from mfr. and dealer off sticker, and got $1,500 trade in on a 1997 car with 183,000 miles. They wanted to sell, we wanted to buy…cruise control on our old car had just broken…well, I can’t drive an unsafe car like that.

    Same size cars and same MPG.

    What’s all the hub bub, bub?

    Capitalism works when it is tried.

  2. proreason says:

    A few months back, I read a similar article about an entreprenurial business that had arisen to serve as a broker to pair people who were looking for starter homes with repossessed houses. There were some other factors the business had going for it that gave them a market edge, but I forget the detainls.

    The article said that the initial results were very good. That’s the amazing thing about capitalism. Even in bad times, opportunies for creative entrepreneurs abound.

    But I haven’t heard a thing about it recently.

    Maybe it was competing with The Moron’s plan to create a permanent class of serfs.

  3. marinetbryant says:

    Went to buy a new vehicle the other day. Offered $12,000 trade-in for my 6 yr old pick-up. Had financing pre-approved. They acted like they didn’t want to sell me a car. Left.

    Tom

  4. canary says:

    What a crock. Consumer Affairs said to be aware of scame.

    Automotive Stimulus Program Requirements:
    1. Current vehicle is a 2006 or older 2. is operable –
    (They want a car worth 4500 at least).
    5. The replacement vehicle has to be more fuel efficient by a minimum of two mpg (they won’t have to scrap it.
    6. Incentives vary based on current vehicle and desired vehicle
    (they want to resale it not scrap it by govt regs
    7. Incentives vary by State, Make and Model. Incentives vary in some states due to state laws that regulate to automotive advertising and promotion.
    (think California)

    All a gimmich to get you into their lot. Consumer Affairs lost of scams going on out there. Just like those adds repos! starting at $dollars a month. No credit needed. b.s. I got an add from a Mexican dealer, with big Mexican flag, and in Spanish. I called, and asked what it said, as I was not Mexican. He said it meant bad credit wasn’t a problem. Then I asked him why he had a Mexican flag on the flyer. He apologized and said he would tell the boss he got a complaint.

    • Rusty Shackleford says:

      You’re right Canary.

      With virtually no activity for months at car dealerships nationwide, they will glom onto any tactic to get feet in the door.

      I cut my teeth at a Caddy dealer when I was a kid. I had perhaps one of the few honest jobs there as new-car prep. I simply cleaned them for delivery. But the stuff I saw and heard. They are ruthless. This is why I liken Blammo to a car salesman. He will say anything to get people to believe him to cinch the deal.

      I’m not the least bit surprised that dealerships are coming up with their own plans. And yeah…they basically want newer, clean used cars which historically sell better than new cars. They’ve already depreciated, and between two to four years don’t show their age much…and so on.

      IN one respect, though I don’t like people being put out of work, I always felt that the more dishonest and schlocky car-people that got put out the door, the better. So…when they are digging their own grave, I feel it is my moral duty to hand them a shovel.


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