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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#1624 of 4110 Re: hmhhh Hyundai got a... [emmettdog] by hpmctorque Jul 11, 2009 (7:56 pm)
Replying to: emmettdog (Jul 11, 2009 10:03 am) If you don't mind my asking, what model Chevy did you trade in? Which engine? What was the combined mpg?
#1625 of 4110 Visit to local Ford Dealership by 100chuck Jul 12, 2009 (6:41 am)
Stop in my local Ford dealership yesterday to test drive the Focus and Escape, their plan is to hold the car you select until July 27 also the Dealership was packed with people looking at cars. Replies to this message: dtownfb (Jul 13, 2009 10:01 am) steve_ (Jul 13, 2009 12:45 pm) 100chuck (Jul 13, 2009 3:09 pm) steve_ (Jul 13, 2009 5:21 pm)
#1626 of 4110 Re: hmhhh Hyundai got a... [gagrice] by spazvt Jul 12, 2009 (7:04 pm)
Replying to: gagrice (Jul 11, 2009 1:27 pm) Regarding negotiating scrap value for a 'clunker' under the CARS program, have you or anyone else been successful at negotiating a value with a dealer? I was finalizing a deal for a car and finally got the dealership to give me an estimate of the scrap value of the car and they quoted black-book value at $450. So I offered to split the difference between black book and the mandatory $50, so I get $200 and they get the car and the rest of the benefit of selling off parts or selling the whole vehicle to a junkyard for parts. They refused to negotiate on it at all. Several times I've had to convince them that I wasn't arguing to get a "trade in" value in addition to the gov't rebate, but even after we got that clear they won't negotiate on the scrap value. I know it's a somewhat small component of the overall sale, but I feel that it's important to negotiate a fair value for each component of the deal. Replies to this message: kdhspyder (Jul 13, 2009 6:59 am) druggles (Jul 13, 2009 11:00 am) stephen987 (Jul 13, 2009 11:51 am) maryh3 (Jul 13, 2009 12:45 pm)
#1627 of 4110 Re: "those who forget history are...." [srs_49] by lemko Jul 13, 2009 (4:40 am)
Replying to: srs_49 (Jul 10, 2009 9:18 am) I see you're from MD. I guess you must be referring to the MASSIVE Sparrows Pt. Bethlehem Steel plant. Does anybody still work there? That is one heck of a huge place to simply abandon.
#1628 of 4110 Re: hmhhh Hyundai got a... [spazvt] by kdhspyder Jul 13, 2009 (6:59 am)
Replying to: spazvt (Jul 12, 2009 7:04 pm) Our view on the subject of scrap value is similar. If a customer is adamant about negotiating part of the scrap value, which we are not at all sure about, then that sale is not worthwhile to pursue. It would be better if that buyer went to one of our competitors and put that company in a difficult position. Everybody wins in that case... ...the buyer may get more value by having another store take some risk on the scrap value ...a potentially dissatisfied buyer is not sold thus avoiding a CSI nightmare ...a potentially dissatisfied buyer is directed across town to a competitor ( HUGE benefit ) who may run into a CSI nightmare ...a risky financial situation is avoided ...it puts the risky financial burden on a competitor thereby weakening them.
#1629 of 4110 Re: Which One? [maryh3] by dtownfb Jul 13, 2009 (9:48 am)
Replying to: maryh3 (Jul 10, 2009 2:17 pm) Assuming these are all 2009 model year, I would pick the Rav4. Based on the reviews, the Rav4 is more refined vehicle, smoother, better braking, more finished, etc. But it's hard to sneeze at a $3000 difference in price. The Tribute is a good vehicle. My next door neighbor has a 2004 or 2005 (90K+) and it has held up very well. I suspect now that the tribute has a 6 speed auto tranny, the fuel economy will be very close to the Rav4. Either way, I would get the auto transmission. It's easier for an inexperienced driver. before you buy, contact your insurance agent for quotes on both of the vehicles. good luck. Replies to this message: maryh3 (Jul 13, 2009 12:59 pm) explorerx4 (Jul 13, 2009 1:20 pm) maryh3 (Jul 13, 2009 1:51 pm) and 4 more... kdhspyder (Jul 13, 2009 1:36 pm) british_rover (Jul 14, 2009 6:02 am) dtownfb (Jul 14, 2009 6:19 pm)
#1630 of 4110 Re: Visit to local Ford Dealership [100chuck] by dtownfb Jul 13, 2009 (10:01 am)
Replying to: 100chuck (Jul 12, 2009 6:41 am) That's good to hear. Hopefully the one benefit of this bill is you get more people into the dealership showroom.
#1631 of 4110 Negotiating Scrap Value???????? by druggles Jul 13, 2009 (11:00 am)
Replying to: spazvt (Jul 12, 2009 7:04 pm) How can this be? These trade ins are to be crushed, not parted out. Replies to this message: stephen987 (Jul 13, 2009 11:51 am) maryh3 (Jul 13, 2009 12:45 pm)
#1632 of 4110 Re: Negotiating Scrap Value???????? [druggles] by stephen987 Jul 13, 2009 (11:51 am)
Replying to: druggles (Jul 13, 2009 11:00 am) The entity crushing or shredding the vehicles in this manner will be allowed to sell some parts of the vehicle prior to crushing or shredding it, but these parts cannot include the engine or the drive train.--cars.gov The law does mandate that the vehicles be dismantled, and powertrain components must be destroyed, but it does not say that glass, body, or interior parts can't be removed and sold separately. And frequently the glass is the most valuable component of an intact clunker. Thus, the "scrap value" of the vehicle is almost certainly greater than the value of scrap metal on a per pound basis Replies to this message: maryh3 (Jul 13, 2009 12:45 pm)
#1633 of 4110 Before or after taxes... by mdphotog Jul 13, 2009 (12:25 pm)
Any ideas if the $3500/4500 is to be deducted before tags/title/taxes or after all this is figured into the final price?