The Cars program was originally scheduled to last until November 1st or until the funds were exhausted. This stimulus plan was short lived as the designated funds of one billion dollars soon ran out just several days after the launch of the program leaving dealerships skeptical about continuing to offer the CARS option to customers.
However, one dealership in Maryland continued to offer their loyal patrons the CARS rebate upon qualification, resulting in over 160 total sales since the beginning of the program. Preston Automotive Group represents some of the industry’s leading manufacturers such as Ford, Lincoln, Mercury, Hyundai, Nissan, Mazda, Suzuki and Chevrolet.
The large dealership network serving Maryland, Delaware and Virginia has taken full advantage of the program, dedicating countless hours and even an entire building reserved as their CARS information center. David Wilson Sr., CEO of Preston Automotive Group, stated, “Thanks to great planning along with some risk we have managed to increase our sales many fold, giving us outstanding sales at the close of July and kicking off sales in August.”
The motion was passed by the House of Representatives on the 31st of July and later approved by the Senate last night with a 60-37 vote. The initial budget of one billion had resulted in over 220,000 new car sales, and the additional two billion dollars is expected to last much longer as the initial surge of sales is over.
The additional government backing is enough support to encourage dealerships to continue the CARS option in their deals. Preston Automotive Group has yet to cease their operations and will not do so unless they are certain of the program’s termination.
To visit the cash for clunkers website please go to: http://www.cars.gov
For more information about the CARS Qualifying Center please visit http://www.carfactsus.com
About Preston Automotive Group
Preston Automotive Group services the Delaware, Maryland, Virginia and Pennsylvania area with Chevrolet, Ford, Lincoln, Mercury, Mazda, Suzuki, Hyundai and Nissan brands. The auto group carries the largest selection of new and used cars. Additionally, the dealership services all makes and models, both imported and domestic cars with ASE certified and factory trained technicians. Preston Commercial Division also has Fully Certified Ford & Cummins Techs.
To learn more, visit http://www.prestonmotor.com/
For more information:
Preston Automotive Group
410.673.7171 ext. 6732
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New and Used car and truck dealer serving Maryland Delaware and Virginia. We also specialized in service work for all vehicles. We carry Ford Lincoln Mercury Hyundai Nissan Mazda Suzuki and Chevrolet brands.