The Pasch Consulting Group polled car dealers on Monday, July 27, 2009 and the number of Cash for Clunkers deals that have been completed is very high.

Dealers that PCG contacted had at least 10 Cash for Clunkers deals done.  

Preston Motors   in Preston Maryland had over 60 deals done.  Preston is the dealer that had the most sales of those we interviewed.

Classic Chevrolet in Fort Worth  Texas had over 30 Cash for Clunkers deals completed.

Midway Chevrolet in Pheonix Arizona had over 25 Cash for Clunkers deals completed.

Marlboro Nissan   in Boston Massachusetts had complete 28  Cash for Clunkers deals.

Findlay Chevrolet in Nevada over 15 deals and Bartow Ford in Florida 20+ deals.

You get the pattern. This is a very popular program for a select group of American consumers.

Cash for Clunkers Projections

If you start to do the math, conservative reports say that 18,000 dealers will register for the program. If 50% of the dealers were “asleep at the wheel” and waited to do deals until today to start, you would have 9,000 dealers that have been pushing the envelope at least for one week.

Add to this number all the Hyundai dealers that started selling CARS deals on July 1st and the 9,000 number is a no-brainer.

If 9,000 car dealers have done 15 deals by now (9,000 x 15 = 135,00 cars), the money for the Car Allowance Rebate System (CARS) will be gone in a few weeks. Our prediction that the CARS funding will run out by Labor Day weekend is looking very solid.

Call President Obama

If anyone knows how to call President Obama, please call him immedately. Someone has to speak up and tell him that the $1 billion in funding will be used up in the first 30 days of a 90 day program.

Congress will have to act quickly to allocate additional funding before the program comes to a screeching halt. If that is the case, we hope that Congress will amend the language of the bill to acomodate the largest Cash for Clunkers petition: www.nocashforclunkers.com

Tags: cash for clunkers, cash for clunkers ends, cash for clunkers funding