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Old 06-28-2010, 09:57 AM   #3
spence
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Wait, there are incentives to help people buy cars (i.e. more new cars sold) and the rate of repossession goes up?

This is Earth shattering analysis.

So what you're really saying is that the cash for clunkers program benefited not only the consumer and auto dealer...but the repo industry as well!

Sounds like a hat trick.

-spence
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