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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Patricia Trinchero who wrote (213667)	8/1/2009 7:42:06 PM
From: The Reaper	Read Replies (1) \| Respond to of 306849

At Walser Toyota in Bloomington, customers began lining up on Monday before doors opened at 7:30 a.m.. Swenson said. By that afternoon, his dealership had done 150 trade-ins under the program. His salesmen worked overnight to scan and submit forms. But of the 150, he said, only 30 received responses and all of those were rejections. So my question is.... is that it? Rejected and the dealer eats $135,000? What the hell is going on? I have yet to hear of any dealer that has received $ yet. This program had better not fail publicly or it's curtains for the rest of the next 3 years.