Cash for Clunkers...

[tonycarguy]

Originally Posted By: ViragoBry
The vehicles must also be 2001 or older. Was that Volvo really that old? Sure didn't look it.


It does not have to be 2001 or older. Just for fun I entered a 2008 Ferrari F430 and it qualifies for the clunker program. I can trade it in for a Focus and get $4500

 

[smokey1]

seen ad on t.v. for PONTIAC , can get an 2009 VIBE for $13,708 . Don't think that includes the CASH FOR CLUNKERS as well . Just think a '09 VIBE possibly for less than $10 grand . Must be nice either with or w/o the C.F.C..

 

[Audi Junkie]

$13,700 for a Vibe should be post-clunk. Buddy paid about $13k +C4C for a G5.

I think C4C is one of the better and more cost/effective government programmes. They should have included a general provision for normal people who want a new car as well to get a $1000 credit for trading a decent late-model car, just to be fair to the guy on the street and help mfgs sell some mid-range cars as well.

After looking at some vehicles, the Saturn Astra seems like an awesome cheap car.

 

[oilyriser]

Around here, they're giving coupons for a new bicycle if you turn in your 14+ year old car.

 

[ViragoBry]

Originally Posted By: tonycarguy
Originally Posted By: ViragoBry
The vehicles must also be 2001 or older. Was that Volvo really that old? Sure didn't look it.


It does not have to be 2001 or older. Just for fun I entered a 2008 Ferrari F430 and it qualifies for the clunker program. I can trade it in for a Focus and get $4500

Sorry, I was given incomplete information last week. This applies to 'category 3' vehicles only.

A “category 3 truck” is a work truck and is rated between 8,500 and 10,000 pounds gross vehicle weight. This category includes very large pickup trucks (those with cargo beds 72 inches or more in length) and very large cargo vans.

The CARS Act establishes four criteria for an eligible trade-in vehicle. The tradein vehicle must:

(1) be in drivable condition;
(2) have been continuously insured, in accordance with State law, and registered in the same owner’s name for the one-year period immediately prior to the trade-in;
(3) have been manufactured not earlier than 25 years before the date of tradein, and, in the case of a category 3 vehicle, also be from a model year not later than model year 2001; and
(4) have a combined fuel economy value of 18 miles per gallon or less, if it is a passenger automobile, a category 1 truck, or a category 2 truck.

 

[Kestas]

Originally Posted By: Audi Junkie
I think C4C is one of the better and more cost/effective government programmes.

What do you base your statement on? Only half the money for the program will get into the hands of the public. The other half of the money is used for administrative costs. So basically, one $4500 allowance requires $9000 of our tax money! I'd say that is one of the worst returns for our money. I'm surprised that there isn't more noise about this fact. The $9000 per car would have been better left in the hands of the taxpayer to more efficiently decide where to stimulate the economy.

 

[Paul56]

Originally Posted By: Audi Junkie
$13,700 for a Vibe should be post-clunk. Buddy paid about $13k +C4C for a G5.

I think C4C is one of the better and more cost/effective government programmes. They should have included a general provision for normal people who want a new car as well to get a $1000 credit for trading a decent late-model car, just to be fair to the guy on the street and help mfgs sell some mid-range cars as well.

After looking at some vehicles, the Saturn Astra seems like an awesome cheap car.


...and then the dealer lowballs the trade-in value of your old vehicle so where do the $1,000 credit end up?

Yeah, with the dealer.

I don't like dealing with the dealers... always feel they are up to some kind of trick to screw me.

 

[Steve S]

CORPORATE WELFARE like the rest of the bailouts. You can tell who butters your representatives bread. They will get reelected or retire wealthy from their actions.

 

[Steve S]

My TV is messing up I wonder if I can get the tax payers to buy me one.

 

[Bill in Utah]

Originally Posted By: Kestas
Originally Posted By: Audi Junkie
I think C4C is one of the better and more cost/effective government programmes.

What do you base your statement on? Only half the money for the program will get into the hands of the public. The other half of the money is used for administrative costs. So basically, one $4500 allowance requires $9000 of our tax money! I'd say that is one of the worst returns for our money. I'm surprised that there isn't more noise about this fact. The $9000 per car would have been better left in the hands of the taxpayer to more efficiently decide where to stimulate the economy.


Stop THINKING... Most people have.

Agree with you 1000%.

C4C is one of the WORST programs I've seen in my life. A bunch of hypocrites if I've EVER seen them.

They "care" for things. "Care" for the world. So how do we do that?

DESTROY all the cars that are ALREADY built, take AWAY parts to keep the other part of the fleet running and make more stuff....

All while WASTING our future AWAY! (ok, more my Grandkids and country's)

Why do people think that someone else should be paying for their stuff?

What happened to working for something? Hard work? Saving for something so you can VALUE it?

Amazing...

 

[Cardinal49]

CNN/Money just listed the top 10 cars purchased in this program:
1. Ford Focus
2. Honda Civic
3. Toyota Corolla
4. Toyota Prius
5. Ford Escape
6. Toyota Camry
7. Dodge Caliber
8. Hyundai Elantra
9. Honda Fit
10. Chevy Cobalt

Good news for Ford, Toyota and Honda. The Government owned GM has 1 car on the list.

 

[benjamming]

Top 10 in sales, looks, profit, what?

 

[ViragoBry]

He means these are the 10 most-purchased cars in the the CFC program.

 

[Cardinal49]

Yes, this is the list of top 10 best-selling cars under the cash for clunkers rebate as reported by CNN/Money on their site. It lists the National Highway Traffic Safety Administration as the source.

 

[bdcardinal]

we might be doing our engine ruinings today, brought my video camera. we have some nice cars that we get to ruin.

 

[wirelessF]

Originally Posted By: bdcardinal
we might be doing our engine ruinings today, brought my video camera. we have some nice cars that we get to ruin.


whats on the list?

 

[OAS]

Originally Posted By: jcwit
What does it take to move to Europe, anyway?


Say goodby!!!!
Will we miss you, probably not!!!!


Why move?

Just stay where you are and you'll be there in another few years..........

 

[bdcardinal]

an early 90s jeep chreokee, mind to late 90s grand cherokee, late 90s explorer, mid 90s chevy stepside c1500, a older chevy 1500 van. probably other stuff, but thats all i saw when i strolled back there.

 

[crw]

Actually, it's a lot more than $4500 or $9000 per vehicle, if you consider "additional sales". Then it's more like $45,000 per vehicle.

http://seekingalpha.com/article/152909-c...icle_sb_popular

 

[lexus114]

Originally Posted By: css9450
Originally Posted By: tenderloin


Dealers must replace the oil in the "clunker" with two quarts of sodium silicate solution and run the engine for up to seven minutes, permanently disabling it, according to rules released today by the National Highway Traffic Safety Administration in Washington.



That's the most wasteful thing I've ever read. I suppose maybe the ultimate beneficiary in this "cash for clunkers' program will be those who operate auto shredding businesses and deal in scrap metal.

Will the next step be a law that allows the government to seize our older cars and scrap them? They're naughty gas guzzlers, don't you know? Punish them! Scrap them! Heathens!


This is all very scary if you really think about it!!