Cash for Clunkers...
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Originally Posted By: Kestas
If nobody wants to step up and buy the 88 Caprice, then it's not worth $4500.
Bingo!
If nobody wants to step up and buy the 88 Caprice, then it's not worth $4500.
Bingo!
I just looked up the listing for the Chevy:
Gibson Chevrolet - 1988 Caprice Classic
Asking price: $5,999.
Gibson Chevrolet - 1988 Caprice Classic
Asking price: $5,999.
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If you really wanted a project Caprice that one would be well worth the asking price for a beautiful car with likely fewer problems than other Caprices of that vintage.
Quote:
Gibson Chevrolet - 1988 Caprice Classic
Asking price: $5,999.
6 grand, very desperate.
"The older employees, they lost sleep at night thinking this car is going to get cubed," Gibson said. As Gibson turned away and said under his breath, "I'm sleeping just fine".
Gibson Chevrolet - 1988 Caprice Classic
Asking price: $5,999.
"The older employees, they lost sleep at night thinking this car is going to get cubed," Gibson said. As Gibson turned away and said under his breath, "I'm sleeping just fine".
Originally Posted By: Drew99GT
Then, in the future, when people that bought cars under C4C REALLY need something, such as a major appliance that goes kaput, they won't have the money, or will be forced to buy yet again on credit.
Being as i (personally) don't think our government should be paying citizens to purchase a transportation device.....
Why not pay people to buy a new EFFICIENT refrigerator?
Old fridges waste lots of energy.
What about stoves?
Toaster ovens?
Air conditioners?
And why just trade a clunker on another CAR? ? ?
Why not a MOTORCYCLE?
Trade that Blazer on a 100 mpg scooter?
Or a new Harley?
Why not?
ohhhhhh, the government didn't bail out Harley did they?
Then, in the future, when people that bought cars under C4C REALLY need something, such as a major appliance that goes kaput, they won't have the money, or will be forced to buy yet again on credit.
Being as i (personally) don't think our government should be paying citizens to purchase a transportation device.....
Why not pay people to buy a new EFFICIENT refrigerator?
Old fridges waste lots of energy.
What about stoves?
Toaster ovens?
Air conditioners?
And why just trade a clunker on another CAR? ? ?
Why not a MOTORCYCLE?
Trade that Blazer on a 100 mpg scooter?
Or a new Harley?
Why not?
ohhhhhh, the government didn't bail out Harley did they?
Originally Posted By: OAS
Why not pay people to buy a new EFFICIENT refrigerator?
Old fridges waste lots of energy.
What about stoves?
Toaster ovens?
Air conditioners?
And why just trade a clunker on another CAR? ? ?
Why not a MOTORCYCLE?
Trade that Blazer on a 100 mpg scooter?
Even better: The government could pay people to sit at home and not drive anywhere. The ultimate "green" plan! No fossil fuels burned, no vehicles sent to the landfill, etc.
Why not pay people to buy a new EFFICIENT refrigerator?
Old fridges waste lots of energy.
What about stoves?
Toaster ovens?
Air conditioners?
And why just trade a clunker on another CAR? ? ?
Why not a MOTORCYCLE?
Trade that Blazer on a 100 mpg scooter?
Even better: The government could pay people to sit at home and not drive anywhere. The ultimate "green" plan! No fossil fuels burned, no vehicles sent to the landfill, etc.
Originally Posted By: LTVibe
I just looked up the listing for the Chevy:
Gibson Chevrolet - 1988 Caprice Classic
Asking price: $5,999.
All it really needs is a wild paint job, a set of 22" rims and a killer sound system....
Isn't that what happens to all Caprices of that vintage?
I just looked up the listing for the Chevy:
Gibson Chevrolet - 1988 Caprice Classic
Asking price: $5,999.
All it really needs is a wild paint job, a set of 22" rims and a killer sound system....
Isn't that what happens to all Caprices of that vintage?
Originally Posted By: LTVibe
I just looked up the listing for the Chevy:
Gibson Chevrolet - 1988 Caprice Classic
Asking price: $5,999.
Still, it's too nice a car to scrap:
In the area I live in that car would be swiped faster than a jackrabbit on a date!
I just looked up the listing for the Chevy:
Gibson Chevrolet - 1988 Caprice Classic
Asking price: $5,999.
Still, it's too nice a car to scrap:
In the area I live in that car would be swiped faster than a jackrabbit on a date!
Originally Posted By: css9450
Even better: The government could pay people to sit at home and not drive anywhere. The ultimate "green" plan! No fossil fuels burned, no vehicles sent to the landfill, etc.
That's what we do in Canada.
Even better: The government could pay people to sit at home and not drive anywhere. The ultimate "green" plan! No fossil fuels burned, no vehicles sent to the landfill, etc.
That's what we do in Canada.
That thing would make a decent movie prop. That's about it....except an example of everything wrong with American cars.
Sooo...
Can we assume that the dealer allowed a $3500 or $4500 trade allowance for that Caprice, instead of running it through the government program?
I wonder how many dealers are doing this? When a car comes in, and the book value is less or equal to what the government would allow, but the market value is actually higher... that the dealer is paying the government rate, and then reselling that car as a legitimate trade in?
That Caprice isn't worth $6000, but it isn't deserving of the crusher. It still has 200,000 miles left in it.
I had an 1987 Monte Carlo, with the same engine. I sold it for $800 with 252,000 miles on the odometer.
Can we assume that the dealer allowed a $3500 or $4500 trade allowance for that Caprice, instead of running it through the government program?
I wonder how many dealers are doing this? When a car comes in, and the book value is less or equal to what the government would allow, but the market value is actually higher... that the dealer is paying the government rate, and then reselling that car as a legitimate trade in?
That Caprice isn't worth $6000, but it isn't deserving of the crusher. It still has 200,000 miles left in it.
I had an 1987 Monte Carlo, with the same engine. I sold it for $800 with 252,000 miles on the odometer.
mrsilv,
Is there really anything wrong with the dealer offering the devil's allowance but actually taking it as a legitimate trade? I don't really think so.
How many miles does it have on it now? I can read 37,661 but is that really 137,661?
Is there really anything wrong with the dealer offering the devil's allowance but actually taking it as a legitimate trade? I don't really think so.
How many miles does it have on it now? I can read 37,661 but is that really 137,661?
Originally Posted By: benjamming
mrsilv,
Is there really anything wrong with the dealer offering the devil's allowance but actually taking it as a legitimate trade? I don't really think so.
How many miles does it have on it now? I can read 37,661 but is that really 137,661?
I don't think there's a thing wrong with that strategy. It will save a few cars from the crusher, that shouldn't be destroyed anyway. I think the dealer should disclose it to the seller that *he's* allowing for the trade-in value for the car (instead of letting the government buy it and destroy it), but beyond that, I don't have a problem with that.
A car of that vintage in Illinois is exempt from odometer readings. With the 5 digit odometers, who knows anyway. However, it should be apparent to someone with a keen eye if it has 37k, 137k, or 237k on it.
If it is a true 37k, it will be apparent. 37k would mean that it probably has never seen much (if any) snow or salt, and that will be obvious in the condition of the undercarriage.
mrsilv,
Is there really anything wrong with the dealer offering the devil's allowance but actually taking it as a legitimate trade? I don't really think so.
How many miles does it have on it now? I can read 37,661 but is that really 137,661?
I don't think there's a thing wrong with that strategy. It will save a few cars from the crusher, that shouldn't be destroyed anyway. I think the dealer should disclose it to the seller that *he's* allowing for the trade-in value for the car (instead of letting the government buy it and destroy it), but beyond that, I don't have a problem with that.
A car of that vintage in Illinois is exempt from odometer readings. With the 5 digit odometers, who knows anyway. However, it should be apparent to someone with a keen eye if it has 37k, 137k, or 237k on it.
If it is a true 37k, it will be apparent. 37k would mean that it probably has never seen much (if any) snow or salt, and that will be obvious in the condition of the undercarriage.
Originally Posted By: benjamming
mrsilv,
Is there really anything wrong with the dealer offering the devil's allowance but actually taking it as a legitimate trade? I don't really think so.
It's a win-win-win-win strategy.
mrsilv,
Is there really anything wrong with the dealer offering the devil's allowance but actually taking it as a legitimate trade? I don't really think so.
It's a win-win-win-win strategy.
- Car owner gets the price he expected for his car.
- The dealer has the opportunity to make a little more money on the resale of the car.
- The manufacturer still sells a new car
- The klunker rebate is still available to be used on another car.
Kestas
Staff member
Ditto. The program is between the dealer and the gov't, not the customer and gov't. If the customer wants more for his trade in, he should negotiate it as such, otherwise, the customer shouldn't care if the dealer presents the car to the C4C program (and gets corresponding rebate) or not. The dealer maintains the option of reselling the car instead of presenting it to the program.
The only problem I see, is how the dealer presents the car to the program, and how they determine that the dealer merits a $3500 or a $4500 rebate. I can only imagine that there is paperwork presented to the program that requires the signatures of both customer and dealer.
The only problem I see, is how the dealer presents the car to the program, and how they determine that the dealer merits a $3500 or a $4500 rebate. I can only imagine that there is paperwork presented to the program that requires the signatures of both customer and dealer.
The message of the Caprice is: See how well American cars last, if you don't drive them.
Originally Posted By: dwcopple
because the basis of the program is to get the fuel inefficient vehicles off the road.
No it's not. The program is to provide an infusion of more cash for struggling automakers.
because the basis of the program is to get the fuel inefficient vehicles off the road.
No it's not. The program is to provide an infusion of more cash for struggling automakers.
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