Cash for Clunkers Workforce Will Triple

Clunkers-AP-photo Dealers have complained that the government’s reimbursements for the Cash for Clunkers program have been too slow coming, which has led the Obama administration to triple the number of workers processing the transactions.

The Department of Transportation will raise the number of public- and private-sector workers from about 350 to nearly 1,100 by the end of the week. A department service center in Oklahoma City has the lead in processing the vouchers.

Dealers asked for the acceleration of voucher payments because they essentially face a $3,500 to $4,500 loss on each vehicle until they receive the reimbursement. This is money they need to cover the money they must borrow to put new cars on their lots. The National Highway Traffic Safety Administration says dealers can expect to wait about 10 days to be repaid, but incomplete or inaccurate paperwork can slow that process.

NHTSA initially expected to need only 30 new hires and 200 contract workers to process the program’s claims, but quickly decided to increase those numbers when dealers flooded the online reimbursement system following the program’s debut.

Obama Administration to Triple Workers in Cash for Clunkers (Associated Press)

By Stephen Markley | August 18, 2009 | Comments (3)

Comments 

David

The program will end soon. But dealers need the money. I saw that the government owes AutoNation $45 million dollars. http://www.cardealerreviews.org/?p=116521

Independent

In addition to using tax payer dollars for clunkers, we now have to pay for more people to process the paperwork. Ever wonder what is next?

Good…, as they say, all good things come to an end. Actually, this could be considered a BAD thing b/c it’s CRAZY, we are giving people money to live more vicariously and lavishly than before all this economical bust took place? What are we doing? Spoiling every single last American? Let’s learn to live in moderation, then we wouldn’t have so much debt…Well, the fish sticks from the head..so the head is the While House…right?

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