Friday, August 21, 2009

Kars4Kids Examines Clunkers Program Efficacy; Launches 'Cash For Clunkers Watch'

Kars4kids launches Cash for Clunkers Watch feature at its website to help consumers measure relative value of program versus charity auto donations. Website will monitor issues associated with the cash for clunkers program and offer analysis of program's impact and effectiveness. Kars4kids business analysts are available to the press as expert resources on the Cash for Clunkers program.

Lakewood, NJ (PRWEB) August 20, 2009 -- Kars4Kids, the leading national car donation program, has begun releasing the findings of its analysts in "Cash for Clunkers Watch," a regular feature at its website that examines the effectiveness of the Cash for Clunkers program.

While Kars4kids put more than 500 children through summer camp this year, there were concerns about Cash for Clunkers' impact on its on-going charity programs. "Since its inception, our organization has carefully monitored the effectiveness of Cash for Clunkers and we've been shocked by its inefficiencies," said Clifford Meth, VP of Communications. "We discovered that the federal government has only reimbursed auto dealers for 2% of the claims they've submitted through the program. Moreover, nearly 80% of the applications have been rejected for a minor oversight."

Read rest of Press Release at link (click title above).

Here is a link to the Cash for Clunkers Watch.

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