First Consumer To Get "Cash For Clunkers" In New York City Could Be The First In The Country To Take Advantage Of The Government Funded $4500 Rebates For Consumers Buying New, More Fuel Efficient Cars
Publication date: 7/15/2009 12:52:57 PM
NEW YORK, July 15 /PRNewswire/ -- One of the first consumers to get Cash for their clunker in The United States bought a new Honda Odyssey from www.ParagonCars.com, one of a handful of dealers who are helping consumers take advantage of the government program before all the rules have been announced. The federal stimulus program, which provides up to $4,500 to car owners who trade in their old "clunker" for a new, more fuel efficient alternative, was signed into law by President Obama. According to the law, consumers qualify for the program starting July 1st through November 1st, but the rules of the program are still being worked out by the NHTSA and will be announced at the end of July.
(Photo: http://www.newscom.com/cgi-bin/prnh/20090715/NY46916 )
The U.S. Department of Transportation issued a warning to tell dealers not to sell cars before the 23rd because "dealers structuring transactions before the final rule is issued will bear the risks associated with later demonstrating that the transaction meets all of the specifications of the final rule." Paragon announced at the end of June that it decided to help consumers take advantage of the program starting July 1(st) when the law is in effect. "When consumers in New York heard about the program, they wanted to participate on July 1st because the law says they can, so we wanted to make it easy for them," said Brian Benstock of www.ParagonCars.com. "We are willing to take the risk to satisfy consumers who otherwise would be upset that they could not participate when the law states."
The first consumer in New York to benefit from www.ParagonCars.com's program traded in their Nissan clunker to get a new Honda with the help of the trade allowance provided by the dealership. The first known customer to benefit from the program was a Woodhaven, New York resident, Christopher Chosam, who exchanged his rusted 1998 Nissan Pathfinder SUV (value of $400) for a brand new Honda Odyssey minivan with the help of the $3500 rebate. The clunker had no air conditioning and was in need of over $2,000 in maintenance just to keep it on the road. The old Nissan costs more to run than the new van because of its repair costs and gas bills according to Chosam. The new Honda will costs thousands less to fuel because it gets 22mpg compared to the Nissan Pathfinder which only got 14mpg. "I've been driving it for a week, and I still have a half a tank of gas," Chosam said. "The old car, I would have filled it up already." "This is our first customer, but we don't know for sure that they are the first customer in the country to take advantage of the program," said Brian Benstock. The program ends when the $1 billion budget expires, which is after approximately 250,000 rebates are issued. This process gives consumers assurance that they will get their paperwork ready for the government funded rebate before the 23rd so they can get the rebate before the money runs out, which could be only a matter of weeks since over a million cars have been sold during good months in the car business.
Same here... I made an appointment with the paragon honda service department at 9. I arrived there around that time. They told me that I had give them my car and have me wait three hours BEFORE they come and even check my car. It might take an even longer time to check the o2 sensors for my check engine light because they have their "special guys" do it. I just left. I only have 6000 miles on my car. I HATE paragon.Do not worry they know how to make up the $ 4500 most of the time they screw people either with high rates, Warranty, or add ons they very deceiving I wish i could find a good service department around the NYC area but it seems to be an impossible quest
Huntington HondaDoes Huntington Honda have Saturday Service and who to contact at the service depmt waht is the address of it hell i drive an hour if the service is good
thanks for the replys
I just checked Kbb and I got $19,xxx!? You gotta click retail value, that represents the dealers price.~16,000 according to KBB. How much did they charge you for financing? warranty? did they make you get a lojack?
Holy shit!! I dealt directly with the sales manager Abdul, and there was none of what was reported with those complaints! The car seems sound and we already left a hefty deposit on it. I still feel good about the deal... I mean its certified so its not like if anything goes wrong, they can NOT honor the warranty... I will just take it to another dealer for any service.http://www.edmunds.com/dealerships/NewYork/Woodside/ParagonHonda/sales.1.newOld.html
^^ read that and you'll see what I mean...