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?"

Outline

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#1411 of 4110 Re: This is an outrageous program ... [maryh3] by kdhspyder Jul 04, 2009 (9:16 am)
Replying to: maryh3 (Jul 04, 2009 7:56 am) Clarity. The majority of economists all over the world, every industrialized nation, have come out in favor of these stumuli measures. How can I be so certain? Every industrialzed nation on earth has some kind of stumulus package in place now. Your 2nd paragraph has a timing error. The bailouts of the D2 took place only in the last 8 months. Their problems go back 20 years well before the bailouts. There is no causal relationship between bailouts and lack of competitive autos...at least not yet. This can be revisited in 5-10 years. It remains to be seen if the D3 continue to make as many gas guzzlers as they did in the past. I don't think that they will. They have religion now. But if they do and if the American public ignores them then they should die a horrible death.
#1412 of 4110 Re: all this ranting... [jeffyscott] by kdhspyder Jul 04, 2009 (9:28 am)
Replying to: jeffyscott (Jul 04, 2009 9:02 am) In addition this is our own money. It's not like it's being set on fire. It's being spent on vehicles in our economy, generating business, taxes, incomes and additional revenue in our economy.
#1413 of 4110 Re: This is an outrageous program ... [steve_] by fezo Jul 04, 2009 (10:01 am)
Replying to: steve_ (Jul 04, 2009 9:01 am) Can you put a canoe on a Prius? You can put almost anything on anything if you try hard enough! Replies to this message: steve_ (Jul 04, 2009 10:02 am)
#1414 of 4110 Re: This is an outrageous program ... [fezo] by steve_ HOST Jul 04, 2009 (10:02 am)
Replying to: fezo (Jul 04, 2009 10:01 am) Yeah, but I'm not quite as adventurous as I used to be. See more Car Pictures at CarSpace.com
#1415 of 4110 Re: all this ranting... [jeffyscott] by andre1969 Jul 04, 2009 (10:34 am)
Replying to: jeffyscott (Jul 04, 2009 9:02 am) Those who want to endlessly wail and knash their teeth over government spending and programs really should find something more significant to be incensed over. Yeah, when you add it all up, it comes out to about $3.33 for every man, woman, child, post-op, et al in this country. Pretty insignificant in the overall scheme of things. However, I'm sure a lot of people look at it to be representative of all the waste in the government...just another porky pet project that might look good on paper, but ultimately only benefits a few at the expense of everybody. And it does add up. $3.33 here. $1.95 there, another $15.69 in that corner, and before you know it, you're nickel-and-dimed to death! Now, that being said, I'm really not taking a side either way. The bill really doesn't benefit me, as the only vehicle I have that falls into the qualifying age range and is guzzly enough is my '85 Silverado. Now if I depended on that truck as daily transportation, I might be tempted, but I don't. It's just one of several second/backup vehicles I have. And, while the bill really only benefits a few directly (those 250K or whatever who buy a car because of it), there are other potential beneficiaries. For example, the salesperson, dealership, manufacturer, car insurance companies, lending institutions, salvage yards, etc. And some of that money will no doubt get back into the economy, as the people associated with it put it back into their community in shopping, eating out, etc. So it might be a spark that helps get the economy going again. I just worry about who ultimately ends up paying for it all, at the end! Now that I think about it, I have a friend who might benefit from this bill. He has a 2004 Crown Vic with about 145,000 miles on it. EPA combined is 18 mpg. We're having a cookout today and he might stop by, so if I think about it, I'm going to ask him what he thinks of the bill. I believe he only has a few payments left on it though, if he hasn't paid it off already. So he might just be thankful to be through with monthly payments for the time being!
#1416 of 4110 Re: This is an outrageous program ... [kdhspyder] by gagrice Jul 04, 2009 (12:25 pm)
Replying to: kdhspyder (Jul 04, 2009 7:05 am) How can you be so consistently on the wrong side of every subject? When you consider opinions are subjective, yours the same as mine, I find you on the wrong side. I have 50% of the population thinking my way while you have 50% believing your way. Only time will tell which side was right on this issue and many others we have debated. Personally I think the same mistakes are being made today that were made in the 1930s that stretched a recession into the great depression. Only way your side knows to get out of recession is with a World War. Not my idea of good economics. PS Your Toyota website on C4C is inaccurate. I can see why. The Ford site has it together. Could be why they passed Toyota up last month. Replies to this message: kdhspyder (Jul 04, 2009 4:00 pm) gagrice (Jul 04, 2009 9:36 pm)
#1417 of 4110 Re: Just another bailout for people who made bad decisions [elroy5] by kathyc2 Jul 04, 2009 (12:44 pm)
Replying to: elroy5 (Jul 03, 2009 8:58 pm) 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 When are the people who do things right going to get a break? When we aren't in the minority and politicians need our vote more than they need votes from the irresponsible. LOL.... don't hold your breath.
#1418 of 4110 More confused Now by countonme Jul 04, 2009 (12:59 pm)
Replying to: fintail (Jul 04, 2009 7:55 am) I live in California I have been driving a 1982 toyoya tercel It has been insured an reg. all the time It is over 27 yrs. Can I use it for a new yaris or accent I want to buy a little car fo 10k basic no air 5speed use my 4500$ to reduce cost to 6000 plus 1500$ tax an lic total cost to me would be 7500$ is this doable Replies to this message: steve_ (Jul 04, 2009 1:01 pm)
#1419 of 4110 Re: More confused Now [countonme] by steve_ HOST Jul 04, 2009 (1:01 pm)
Replying to: countonme (Jul 04, 2009 12:59 pm) I had one of those for 17 years. Great reliability. But the cut-off is 1984 or newer cars. "Your vehicle must be less than 25 years old on the trade-in date." CARS
#1420 of 4110 Re: This is an outrageous program ... [Mr_Shiftright] by hpmctorque Jul 04, 2009 (1:32 pm)
Replying to: Mr_Shiftright (Jul 04, 2009 7:27 am) "Cars sales go up, PROGRAM GOOD. Car sales don't go up, PROGRAM BAD." Doesn't the cost of the program have to be factored into the evaluation of whether it's good or bad? Otherwise, why not double the value of the vouchers, to $7,000/$9,000, and make the program even better? That would move more new vehicles.