Cash for Clunkers - Good or Bad Idea?

4110 messages, Last post on Nov 23, 2009 at 11:42 AM

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What is this discussion about? Legislation, Truck, Sedan, Wagon, SUV

For questions about how the program works or to discuss program details, please visit our discussion titled, "Cash for Clunkers - Does it Work for You?"

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#1342 of 4110 Re: what effect will this have on used market? [gagrice] by kathyc2 Jul 01, 2009 (3:51 pm)
Replying to: gagrice (Jul 01, 2009 2:50 pm) This post got way off track. I started it just to get some conversation going about some different consequences of the C4C program. But to answer your question, my main car is a 325, so I'm used to small cars. Bought the Torrent last fall as my winter vehicle, but never got used the the largeness of it. My son in college has been driving my Grand Prix to commute, but it's getting high in miles and repair costs, so... trading in the Torrent on a Vibe for him and I'll drive the Grand Prix in the winter. I bought the Torrent in November when some excellent deals were out on used, so I'm not even taking too much of a hit on it. Acutally, I'm not sure if I ever used the AWD. It doesn't give you any indication if it switched to AWD. It's not like my old Jimmy where you put into 4W. Replies to this message: gagrice (Jul 01, 2009 4:00 pm)
#1343 of 4110 Re: what effect will this have on used market? [kathyc2] by gagrice Jul 01, 2009 (4:00 pm)
Replying to: kathyc2 (Jul 01, 2009 3:51 pm) No problem drifting off subject. I have been known to do that a time or two. Sounds like you are an astute shopper. I'm sure you will make out ok on your trade if you bought the Torrent used and don't need the AWD.
#1344 of 4110 Re: question regarding this program. [Mr_Shiftright] by tazzi Jul 01, 2009 (4:15 pm)
Replying to: Mr_Shiftright (Jul 01, 2009 2:24 pm) Well, there really isn't such a thing as trickle down welfare or a free lunch, unless you don't pay taxes to begin with. If you pay taxes, you are paying for whatever government program you may or may not take part in. So, it would be more of a tax rebate than welfare At least that is how I am looking at the C4C program. I'm hoping to take advantage of it in September and since my taxes are going to pay for it one way or another, I figure I'm just getting some of my money back.
#1345 of 4110 Re: what effect will this have on used market? [kathyc2] by Mr_Shiftright HOST Jul 01, 2009 (4:20 pm)
Replying to: kathyc2 (Jul 01, 2009 2:39 pm) No I hope you don't have to pay more than necessary--LOL! What I meant was that relying on a price guide is fraught with peril, and one uptick in one "book" does not constitute a trend. If you REALLY want to know what's going on vis a vis "trends", you'd have to find a friend at a dealership who can plug into the Manheim auction database, which tracks what dealers are paying, week to week, for various used cars at auctions. If you saw a few months up uptick through Manheim, then you have something "real". I think the used car market pretty much sucks right now.
#1346 of 4110 Re: question regarding this program. [kernick] by dtownfb Jul 01, 2009 (5:10 pm)
Replying to: kernick (Jul 01, 2009 11:17 am) "First tell me how many people take these trains each day. Then tell me how many of these people could have stayed in their office, and had a video conference. Third - tell me that as a society we couldn't do a better job of distributing our commuting time. Maybe the problem is too many people need to use the roads for a few hours of the 24 hr/day hmm?" I can attest that most of these trains are packed. This train goes through DC, baltimore, Philadelphia, northern NJ and into NYC. Major cities. Sometimes you need to physically be at a location. My job cannot be done by video conferencing. Some professions can adjust their schedules and to some extent this already happens. Many retailers don't start until 10. Hospitals vary their shifts. Its not a bad idea but not sure hwo feasible it is. If you feel those international cities are better off than living in any city in the US (minus Detroit) simply because they don't have mass transit, have fun living there. I live 32 miles from work. Driving is the only way I can get to work. I liek th idea of a Star Trek transporter though. Replies to this message: kernick (Jul 02, 2009 7:52 am) andre1969 (Jul 02, 2009 8:06 am) kernick (Jul 02, 2009 8:13 am) and 1 more... hpmctorque (Jul 02, 2009 12:04 pm) dtownfb (Jul 02, 2009 5:16 pm)
#1347 of 4110 Re: question regarding this program. [kernick] by fintail Jul 01, 2009 (5:53 pm)
Replying to: kernick (Jul 01, 2009 11:17 am) The largest and densest first world cities do have some kind of transit infrastructure. The globalists want to dumb the first world down and away from this - but it's much easier and more pleasant to get around (and live) in a place with easy and plentiful transportation options...its a quality of life issue. I'd rather live in London/Paris/Berlin/Rome etc than their Chinese or Indian counterparts. Replies to this message: chetj (Jul 01, 2009 7:00 pm) chetj (Jul 01, 2009 7:01 pm) kernick (Jul 02, 2009 8:00 am) fintail (Jul 02, 2009 9:35 am) dtownfb (Jul 02, 2009 5:25 pm) and 2 more...
#1348 of 4110 Re: what effect will this have on used market? [kathyc2] by isellhondas Jul 01, 2009 (6:04 pm)
Replying to: kathyc2 (Jul 01, 2009 2:10 pm) It's easy to give you a 300.00 over invoice price and an unrealistic trade in value when they don't have a car to sell you! Seriously, if they will give you the money you think that Torrent is worth and still sell you a Vibe at 300 over, I wouldn't be picky. I would grab ANY Vibe and run like a thief in the night! I'm very serious because something sounds wrong! Replies to this message: kathyc2 (Jul 02, 2009 10:08 am)
#1349 of 4110 Re: question regarding this program. [fintail] by chetj Jul 01, 2009 (7:00 pm)
Replying to: fintail (Jul 01, 2009 5:53 pm) i think the program is a very good idea, it should help car sales..i just bought a ohio built G5 and i am very impressed with it has a very smooth ride and the new electronic power steering is great...comes with hands free phone and xm radio too...i hope people consider domestics, the prices are very good and so are the cars...at least look where the car is assembled, we really need to keep jobs in USA..i work at a supplier i should know Replies to this message: chetj (Jul 01, 2009 7:01 pm)
#1350 of 4110 Re: question regarding this program. [chetj] by chetj Jul 01, 2009 (7:01 pm)
Replying to: chetj (Jul 01, 2009 7:00 pm) the G5 and G6 have big rebates now too
#1351 of 4110 Re: question regarding this program. [steve_] by chetj Jul 01, 2009 (7:12 pm)
Replying to: steve_ (Jun 30, 2009 6:14 am) well that will help japans economy selling the prius...i know they dont assemble them here