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Smart Shopper Cash for Clunkers - Does it Work for You?
2647 messages, Last post on Oct 01, 2009 at 6:33 PM
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Edmunds Cash for Clunkers Calculator
I Traded My Clunker and Bought a....?
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Replying to: isellhondas (Jul 12, 2009 4:30 pm) Yes I think that it will be the scrap yards that make out best here. They will be given vehicles ( free of charge except for towing ) that they can then take apart and retail out at junkyard prices at some time down the road, then they have to spend the time and expense to destroy the engine and body but then they can resell the bundled auto scrap to the markets all over the world at the going market prices. A capable owner should strip off everything that's of any value before dropping it off. |
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Replying to: ldisler (Jul 13, 2009 6:40 am) |
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Replying to: cyclone83 (Jul 13, 2009 9:52 am) |
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Replying to: british_rover (Jul 13, 2009 9:58 am) |
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Replying to: british_rover (Jul 13, 2009 9:58 am) |
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Replying to: cyclone83 (Jul 13, 2009 9:52 am)
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Replying to: hpmctorque (Jul 13, 2009 12:14 pm) |
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I looked into the details of Cash for Clunkers and it was interesting to see that a 19-year old car does not qualify. I have a 1990 Maxima with over 170K miles which should have been a perfect "clunker" to trade-in for a new car. However, the EPA mileage rating on the Maxima when new is 19 mpg. It does not matter that I probably get a lot less mpg on the car right now but due to the 18 mpg maximum requirement for C4C, this car does not qualify. If I was in Germany, they would have gladly taken in the trade-in since their Clunker program does not look at gas mileage, only the age of the trade-in (10 years or older). It is disappointing to see a program that is so narrow in focus which may not really help American car manufacturers since most of the high gas mileage cars are Japanese or Korean. If the intent was to help U.S. car manufacturers (especially GM and Chrysler), it should not have been combined with the gas mileage requirement. |
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Replying to: zaheer (Jul 13, 2009 4:55 pm) Also think how bad all the real guzzlers from that era are in comparison to your Maxima. If you've fallen from say 19 mpg to say 15 mpg a 91 Chevy 1500 began at 15 mpg. It's probably scraping by at 10 mpg now. The intent was to help all the automakers, and all the parts of the transaction from raw material supplier to parts maker to auto maker to trucker to clean up crew to salespeople to dealers to state tax revenues. |
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Replying to: zaheer (Jul 13, 2009 4:55 pm) Toyota has 16 vehicles by my count, I am not counting the Solara as it is a 2008 model and being discontinued, so not really a big difference there. |
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