Having been in the automotive industry for nearly 27 years before retirement and having done services for automobile dealerships, I can recall that in the 23 states that we had done business, the car dealerships were among our slowest paying customers. Now then, the car dealerships are complaining that the Cash for Clunkers Payments are very slow in coming, and that the government is slow in reimbursing them. To me this almost sounds laughable. Of course, the government is slow paying their bills too, they always have been. Cash For Cars Sydney
In all my years of business the only customers that were slower than the car dealerships were our government contracts, and sometimes we would be paid is late as 120-days and we still wouldn’t get paid 1% per month penalty as per our contracts. So, now we have the auto dealerships, which had never pay their bills on time, and as I recall, we always had to go in and demand payment, (otherwise threaten to cancel service) complaining about the government paying to slow.