Summary

In order for Car Allowance Rebate System to be successful, consumer's must be convinced this is not just another government take over scheme.   If consumers qualify or credit, consumer confidence in Economic outlook will need to improve. Government has enabled more scams to be created as a result of the Rebate System.

Analysis

Initial consumer reaction to the Car Allowance Rebate System at Clark Howard shows skepticism in the program.  Read more about Cash For Clunkers...

Excellent credit scores will really determine how many people will qualify for the loans to acquire these new cars.  Read more about Consuming Interests...

This new rebate joins the list of mortgage and employment scams making it easier for folks to pick the pockets of vulnerable people.  Read more about How Cash For Clunkers Scam Works...

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