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Unread 02-12-2009, 07:16 PM   #1
gmjunkie
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Join Date: May 2007
Location: Vero Beach FL/Old Fort NC
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Default Attention Dealers.......................

And anybody else in the Automotive Business!!



Below you will find a facsimile sent this afternoon to members of Congress. As you may have read, there is a proposal in the Economic Stimulus Bill that would allow consumers to deduct interest on an auto loan. Unfortunately, the language in that bill addresses ONLY NEW vehicle sales! We need to ensure that these five folks understand that more used vehicles are sold than new and that to exclude used vehicle purchasers would unfairly punish those consumers and obviously hinder independent dealers from selling vehicles.
CUT AND PASTE THIS MEMO onto your letterhead and FAX IT TODAY! Be certain to change the name of the sender from mine to your's. But do it TODAY! The FAX numbers are listed below.


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VIA FACSIMILE
TO: The Honorable Harry Reid (202-224-7327)
The Honorable Max Baucus (202-224-9412)
The Honorable Barbra Mikulski (202-224-8858)
The Honorable John Larson (202-225-1031)
The Honorable Nancy Pelosi (202-225-4188)
Re: U.S Economic Stimulus Bill
From: (your name here)
Dear Members of Congress:
The U.S. Economic Stimulus Bill under consideration contemplates allowing consumers to deduct interest on vehicle loans, as was the practice prior to 1986. In reviewing the language, it appears that the bill (whether intentionally or not) would allow such deductions only for new vehicle purchases and omits mention of used vehicles when financed.
Since more used motor vehicles are purchased and financed annually than new motor vehicles, passage of that language without definitional clarification of what constitutes “new” or an amendment to include used vehicles will result in a large majority of the population unable to access this benefit and incentive.
We urge you to include all financed motor vehicle transactions under this stimulus package.


Sincerely,
(your name and your business name here)

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Thanks!!
Jesse O Anderson (aka:GMJunkie)

Frontier Motors
399 Mashburn Branch Rd
Old Fort NC 28762
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