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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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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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Replying to: spazvt (Jul 12, 2009 2:59 pm) Dealers are gonna look just to unload whatever they get and a smart scrap yard will just low ball them on a value. Plus, they probably won't even deal with it until after the deal clears anyway,so they won't even know what, if any money they are going to get. |
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Replying to: spazvt (Jul 12, 2009 2:59 pm)
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Replying to: volvomax (Jul 14, 2009 10:05 am) |
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Replying to: kernick (Jun 30, 2009 4:38 pm)
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Replying to: spazvt (Jul 12, 2009 2:59 pm) I just reread this on the web site. This applies to the negotiations between the dealer and the purchaser of the POS car, not the you the consumer, but the scrap yard. So there is no foot note stating that you the consumer can negotiate what the dealer may or may not get for your clunker. You are getting $3500 or $4500 and thats it. |
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Replying to: zaheer (Jul 13, 2009 4:55 pm) If I had written the US regs I would have had an age or gas mileage provision. Any car over 15 yrs old or any with a mileage under 18 combined MPG.
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Replying to: woodah (Jul 14, 2009 11:53 am) If not, that is understandable. Not too many people driving a qualifying car will have the bank account to sign for a new Lexus. No flames please, just because YOU might be the one guy who can doen't make you representative of the ar buying public at large. Dealers ALWAYS play the odds. For the average Lexus dealer, even one of these sales might be seen as too much of a PITA to bother with.
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