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Cash for Clunkers - Good or Bad Idea?

4110 messages, Last post on Nov 23, 2009 at 11:42 AM
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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?"
The Government has already bailed out companies who made bad business decisions. Now they are going to do the same thing for those people who bought gas guzzlers they didn't need. I guess it pays to be stupid now. In business, and in life
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According to various sites my 2000 3.8L T&C minivan qualifies for getting 18 mpg combined. When I go to the Toyota site and plug it in here: http://www.buyatoyota.com/cars.aspx?siteid=tcom_C4C_bat_rebate%20calc It tells me I can get a $4500 rebate for a 3.5L AWD Rav4. The AWD Rav4 is listed on various sites as getting 21 mpg combined. Since this is only 3 mpg better that what I'm trading in shouldn't it be only $3500? I thought that it had to be a 5 mpg better than my trade in to get the $4500? Am I missing something? |
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Replying to: maryh3 (Jul 04, 2009 2:47 am) Why not go directly to the Cash for Clunkers website and key in your data? Much more accurate.
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Replying to: joegiant (Jul 04, 2009 3:11 am) |
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Replying to: steve_ (Jul 03, 2009 8:36 pm) It may do the same in July. At least till the last week after the NHTSA puts out the official RULES. Looks like Subaru, Kia & Ford are gaining market share in this market. Also VW is doing well selling their diesel Jettas. Chrysler, GM and Toyota are the BIG losers this year. Ford may end up on top this year. Ford got their act together with the best midsized hybrid and its non hybrid stable mate. Those should be big sellers in the clunker trade business. Half way through the year and only 4.8 million sold. How is the C4C with only 250,000 additional sales going to make an impact in the market. You are going to probably frustrate more buyers than you satisfy. The guy with a legitimate clunker that cannot get financing drives home in his old beater. Another thinks his vehicle should qualify and it does not with the same result. Look at the sales for June. 859K total sales, off from last year by 27.7%. 250,000 more cars sold in a single month would not equal last years poor sales. Cracking 10 million sales this year will be a tough sell, even with this lame C4C bill. I agree with Koshti, this is more socialism. Reward those that make bad decisions with money from those that do not.
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Replying to: gagrice (Jul 04, 2009 5:11 am) |
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Replying to: maryh3 (Jul 04, 2009 2:47 am) Have a wonderful 4th of July.....
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Replying to: gagrice (Jul 04, 2009 5:11 am) Though I qualify, I agree that this program, like the auto bailouts, is socialism. The government has no business interfering with the private sector like this, but they keep electing Socialists so what does anyone expect? |
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Pure and simple. I'll stop there.
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Replying to: gagrice (Jul 04, 2009 5:31 am) If they really wanted to get the worst polluters off the road, they'd make it a rolling 15-25 year old window. If you have a vehicle that's 15-25 years old, it pollutes dozens of times more than even a 5 year old one. Mine burns a quart of oil a month at nearly 275K on the engine. Yet it barely passes smog. Squeeks by at just under 300ppm, which is really stupidly high compared to anything new. |
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