Cash for Clunkers - Good or Bad Idea?

4291 messages,  Last post on Jan 05, 2013 at 9:30 AM

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

#4248 of 4291 Re: and with that [vinnyny] by plekto

Feb 02, 2010 (1:06 am)

Replying to: vinnyny (Feb 02, 2010 12:55 am)
The problem with C4C was that it wasn't a simple "buy a vehicle that gets 5mpg or 10mpg higher than the one you are turning in" It had cumbersome rules, stupidity at every turn(like how a SUV could only be towards another SUV - and even 1mpg better was enough to qualify), and was a total nightmare to implement.

#4249 of 4291 Re: and with that [vinnyny] by millwood0

Feb 02, 2010 (4:39 am)

Replying to: vinnyny (Feb 02, 2010 12:55 am)
"Consumers didn't profit from C4C. "
 
but the union did, and end of the day that's watter matters in Washington.

#4250 of 4291 Re: and with that [steve_] by hpmctorque

Feb 02, 2010 (6:26 am)

Replying to: steve_ (Feb 02, 2010 1:05 am)
You spoke for our household too, since we're also due for a new car, but don't have any real urge to buy one.

#4251 of 4291 Some Manufacturers increased the rebate for CFC by ldisler

Feb 02, 2010 (6:56 am)

Replying to: vinnyny (Feb 02, 2010 12:55 am)
I bought a 2009 Mazda 5 when the CFC first started. When the program kicked in Mazda added a $500 CFC rebate. I also got a $1750 rebate. I got a car that listed fo $22,000 and change for $17,900. I benefitted from CFC but I agree not everyone did.

#4253 of 4291 Re: Another Government Failure Example [mikefm58] by lemko

Feb 02, 2010 (7:45 am)

Replying to: mikefm58 (Feb 01, 2010 12:15 pm)
Heck, that reminds me of a program the Ford Administration had in the mid-1970s. One of the programs was to teach people how to be elevator operators when Otis Manufacturing hadn't built a manually-operated elevator since 1963.

#4254 of 4291 Re: You don't need a Master's in Finance ... [lemko] by gagrice

Feb 02, 2010 (7:54 am)

I remember the made in USA computers that were $10,000. No thanks to US made computers. You cannot pay someone $25 per hour with benefits to do menial production and survive. There will be a gray market to supply the cheaper goods.
 
It is only a matter of time before we get Buicks made in China. I would imagine most of the electronics are already coming from China or India.
 
Speaking of C4Cs. I would consider trading my Lexus or Ranger if they decide to give away $4500 in trade. Some did make out in that last one. If you let the dealer pull the wool over your eyes you probably got screwed. Happens every day with or without a clunker program. Golden rule start at invoice and work downward. Then when the deal is to your satisfaction deduct the $4500 C4C vehicle. If you are really tight you can go for the scrap rebate of a couple hundred bucks. Get on board early before the selection is gone. On buying or selling anything. We play by my rules or we don't play. There are ALWAYS dealers that are hungry somewhere in the USA.
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