Biggest problem has been keeping up with demand for new cars
KINDERHOOK–Clunker deals have motivated buyers, here and around the nation, who wouldn’t have bought a new car without the government’s help. This has lifted the auto industry out of a drastic 35% slump in sales in the first half of 2009 and pumped money into the local economy too.
The seasonally adjusted selling rate for July jumped to 11.1 million compared to 9.5 million in June. About a quarter of a million cars were sold in the first few days under the program.
“This is the first time somebody has offered a program that helps me in my life,” says Michelle Debye-Saxinger of Kinderhook, a teacher who bought a Jeep Patriot from Village Dodge on Route 66 under the clunker program. “I drive a Jeep that has 215,000 miles on it, but I have two kids in college and we need a new roof. I was not in the market for a new car.”