Automobile Oklahoma Salvage Yard


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Automobile Oklahoma Salvage Yard

Automobile Oklahoma Salvage Yard

This article discusses dealer responsibility under the Cash for Clunkers program (officially called the Car Allowance Rebate System, or CARS) made possible by the Consumer Assistance to Recycle and Save Act of 2009.

Government Stimulus Program Documentation

Car dealers must register with the National Highway Traffic Safety Administration (NHTSA) in order to participate in the Cash for Clunkers program, and participating dealers are charged with a high level of responsibility. In order to receive reimbursement for any vouchers issued to consumers, dealers must perform the following tasks:

  • Ensure trade-ins are in drivable condition.
  • Verify the accuracy of vehicle insurance and registration information provided by the customer.
  • Take steps to guard against fraud, including verifying the identity of individuals who purchase vehicles so no one will be issued more than one voucher credit.
  • Verify the eligibility of trade-ins and new vehicles purchased. This means that dealerships must be knowledgeable about the combined fuel economy ratings of trade-ins and new automobiles.
  • Follow through on disposal of trade-ins. Based on the act’s language, it appears that dealers and/or scrap yards may be able to salvage certain car parts before the destruction process is commenced. Dealers should look for further guidance from the government on this matter.

Cash for Clunkers Incentive Program – Participating Car Dealer Responsibility

Car dealers are charged with obtaining the paperwork above to verify a consumer’s eligibility under the Cash for Clunkers program. Car dealerships will only be reimbursed for the appropriate voucher amount upon the NHTSA’s approval of any required paperwork.