Road Ranger: Dealers will get back $10 million after CDOT’s re-inspection
Dealers who receive the final inspections will receive $10.7 million in the first three months of 2017, according to CDOT officials.
Dealers are still required to install the re-inforcings and then must provide a report detailing the condition of their vehicles, CDOT said in a release Tuesday.CDOT says that, in all, dealers will receive about $8.7 billion for repairs and replacement costs.
The money will be used for road safety, environmental mitigation and other priorities.CDot said dealers will get the money through a rebate program called the Road Ranger Rebate.
It is the first time CDOT has offered incentives to manufacturers to fix or replace damaged vehicles in the aftermath of an incident.CDota also announced a $2.7-billion road safety plan that includes $1.6 billion in federal grants for road repair, replacement and re-equipping.