cuda
Banned
I beleive it's $4500 on top of the best deal you can negotiate. I could be wrong.
Headlines
Cash for clunkers!
- Thread starter Blue Oval
- Start date
I beleive it's $4500 on top of the best deal you can negotiate. I could be wrong.
Shah Mat
New member
cuda
Banned
What a mess!
If a politician found he had cannibals among his constituents, he would promise them missionaries for dinner.
H. L. Mencken
clayinaustin
Charter Member
Too bad I can't trade in my half-ton "clunker" for a 3/4 ton truck! 
jmoore32fever
New member
2 billion more $$$$$$ to this mess
JupiterSunsation
New member
Yeah as long as you have owned/insured it for one year prior to the deal. So if you "acquired" a vehicle last week you cannot trade it in this weekend to take advantage of the govt.....
jayboat
Banned
As much as you no-no's wanna b!tch about it, the program is actually doing what it supposed to do. geez. can't wait for the next big wingnut talking point after the stimulus has had a couple more quarters to kick in and get the economy breathing again.
Early statistics from automotive dealers on the CARS Program, commonly known as Cash for Clunkers, show clunker consumers getting a 69% mile-per-gallon (mpg) improvement which saves them an average of $750 in gas bills a year by replacing their clunker with a new fuel efficient vehicle. "After gas and repair savings many consumers will spend less to drive a new car then they were spending to keep their clunker on the road," says Sharon O'Connell, the director of www.CashForClunkersInformation.org. "If consumers miss their old cruiser they can buy another one with the $750 they save in gas." The organization interviewed some of the largest dealers in the country who have been selling vehicles to clunker consumers for almost a month and their findings were released today in their "clunker report."
According to www.CashForClunkersInformation.org, 79% of clunkers being traded in so far are SUVs, trucks and vans with over 100,000 miles and most are being replaced with new passenger vehicles. The average age of a trade-in model is almost 13 years old, and the average odometer reading is approximately 138,000 miles. The most popular clunker trades are Chevrolet, Ford and Dodge and 84 percent of the new vehicles purchased are passenger cars.
In the sample, 64% of the government funded credits were for $4500 and 36% for $3500. "Lower priced cars have a better chance of qualifying for the larger $4500 rebate because smaller vehicles typically have better mpg ratings," adds O'Connell. The rare exceptions are hybrids that cost more but often qualify for the $4500 because of their higher mpg ratings. "The best deals for the Cash for Clunkers program are the less expensive vehicles that cost $10,000-$18,000. A list of these types of vehicles is available on www.CashForClunkersInformation.org."
Based on a 69% mpg improvement, www.CashForClunkersInformation.org estimates that personal fuel consumption could decrease by approximately 300 gallons per year, reducing personal fuel costs by almost $750 annually at average gas
Early statistics from automotive dealers on the CARS Program, commonly known as Cash for Clunkers, show clunker consumers getting a 69% mile-per-gallon (mpg) improvement which saves them an average of $750 in gas bills a year by replacing their clunker with a new fuel efficient vehicle. "After gas and repair savings many consumers will spend less to drive a new car then they were spending to keep their clunker on the road," says Sharon O'Connell, the director of www.CashForClunkersInformation.org. "If consumers miss their old cruiser they can buy another one with the $750 they save in gas." The organization interviewed some of the largest dealers in the country who have been selling vehicles to clunker consumers for almost a month and their findings were released today in their "clunker report."
According to www.CashForClunkersInformation.org, 79% of clunkers being traded in so far are SUVs, trucks and vans with over 100,000 miles and most are being replaced with new passenger vehicles. The average age of a trade-in model is almost 13 years old, and the average odometer reading is approximately 138,000 miles. The most popular clunker trades are Chevrolet, Ford and Dodge and 84 percent of the new vehicles purchased are passenger cars.
In the sample, 64% of the government funded credits were for $4500 and 36% for $3500. "Lower priced cars have a better chance of qualifying for the larger $4500 rebate because smaller vehicles typically have better mpg ratings," adds O'Connell. The rare exceptions are hybrids that cost more but often qualify for the $4500 because of their higher mpg ratings. "The best deals for the Cash for Clunkers program are the less expensive vehicles that cost $10,000-$18,000. A list of these types of vehicles is available on www.CashForClunkersInformation.org."
Based on a 69% mpg improvement, www.CashForClunkersInformation.org estimates that personal fuel consumption could decrease by approximately 300 gallons per year, reducing personal fuel costs by almost $750 annually at average gas
Lemme get this straight...MY tax money is going to some citizen to supplement their down payment so they can afford a new car so they burn less gas and keep the global warming panic going?
Seriously? Now we're just distributing MY money directly to the populace and not hiding it in some sort of gov't black hole?
Oh...but we're selling more cars right? Yeah...sure, after they used MY money to bail them out...why not just force me to be an indentured servant to GM, or work directly for the gov't and maybe I'll get some cheese as consideration.
I'm sure this will buy some more votes however...no sense in giving it to a research firm or established energy company to augment development of new sources of clean power. Pathetic.
I can't wait to see who lines up to help me with my next vehicle purchase...one thing you can be assured of, it'll be one heck of a short line.
Seriously? Now we're just distributing MY money directly to the populace and not hiding it in some sort of gov't black hole?
Oh...but we're selling more cars right? Yeah...sure, after they used MY money to bail them out...why not just force me to be an indentured servant to GM, or work directly for the gov't and maybe I'll get some cheese as consideration.
I'm sure this will buy some more votes however...no sense in giving it to a research firm or established energy company to augment development of new sources of clean power. Pathetic.
I can't wait to see who lines up to help me with my next vehicle purchase...one thing you can be assured of, it'll be one heck of a short line.
Blue Oval
Well-known member
back to the basics of this ***** thread,I sold a car on this program,unable to get logged in,every phone call put on hold when calling help line,15 min. and system hangs up on you.Two days and never got thru or on web page.My customer buying an american car never got approved,money went to some Kia?Great program!
inbetween
New member
I want that big truck on the right. Leave it and the title near the dumpster and I will come get it.
Can't leave it there, it'll make the dumpster smell bad...
That thing is whipped :ack2: Right decision was made to clunker it
Wobble
Charter Member
Too bad I can't trade in my half-ton "clunker" for a 3/4 ton truck!
you can if your new truck gets 2mpg or better than your old one, i believe
Wobble
Charter Member
I'm sure this will be an insignificant amount compared to the first time home buyers $8,000 incentive that has been going on for some time. There are all kinds of loopholes in that program that allow just about anyone under the income threshold to qualify.
Expensive Date
New member
I was in some of the dealerships that I sell tools to today one of them has over 30 cars taken in.A lot of conversion vans and junk that should have been off the road.All of the dealerships are just hoping they get paid on this because if they don't it could put them out.The best part is they have to seize all the engines buy running them without oil that almost sounds like fun.
I am not a fan of stimulus programs but at least this one had immediate effect and is no different that giving a tax deduction.
I am not a fan of stimulus programs but at least this one had immediate effect and is no different that giving a tax deduction.
cuda
Banned
Ok cut and paste Brainiac. Someone trades in an SUV for another SUV that gets 2mpg better mileage, which encourages the owner to drive more, essentially not saving an ounce of fuel, or help with the liberal "global warming" problem, exactly what has this program accomplished, other than printing another 3 billion dollars that we don't have?
jayboat
Banned
Yeah, yer absolutely right... we should probably throw a few more hundred billion at the wall street fat cats or a trillion or two more to the DOD for military projects we don't need... or, how about an unnecessary war? :USA:
much mo bettah than using it to actually, you know, help people. :ack2:
MarylandMark
Charter Member
Jayboat- read between the lines. I'll give you an easy one to start:
Q- Why are the most popular clunker trades Chevrolet, Ford and Dodge?
A- Most foreign cars (the companies that don't need buyouts either- hmmm) aren't eligible for the program because they get and have been getting better than the 18MPG average needed to qualify.
Q- Why are the most popular clunker trades Chevrolet, Ford and Dodge?
A- Most foreign cars (the companies that don't need buyouts either- hmmm) aren't eligible for the program because they get and have been getting better than the 18MPG average needed to qualify.
cuda
Banned
Try to stay on point.
MarylandMark
Charter Member
Was just saying- article is kind of like Obama. Takes up space, says a lot of things yet don't amount to saying any thing all at the same time.
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