Ok....Just did the fist cars for clunkers. Yep, as expected it is a Cluster-Chuck.
The dealers are fronting the cash. Then getting a rebate from the Gov. We all knew that would happen. Here's the problem, there is no real way to accurately account for the program on the sales contract or on our own accounting systems.
Here are supporting websites, and Ford Motor Company is providing support on their website as well.
www.cars.gov
http://www.cars.gov/files/day-one.pdf
www.ford.com (click on "Let Ford Recycle)
The information on the $4500 or $3500 government rebate is set in stone, but for trucks it is very confusing. There will be the final word on trucks around the 24th of July.