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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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I Traded My Clunker and Bought a....?
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Replying to: greanpea68 (Jul 01, 2009 10:46 am) et tu, greenpea. Et tu!  here's a question for you guys: Do you think car manufacturers will include their own incentives with this program to sweeten the deal even more? We are getting close to the end of the model year. Will we see cash rebates or special financing along with this program?
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Replying to: dtownfb (Jul 01, 2009 10:57 am) Of course maufacturers will offer incentives.... This govt rebate is a third party... so basically nothing has changed except our "taxes"  Manufacturers will still continue with incentives becasue the govt cheese doesn't change anything. There is still competition. GP |
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Replying to: greanpea68 (Jul 01, 2009 10:55 am)  I believe dealers should make a profit. how else are you going to stay in business? i also see firsthand the good work they do in a community. But I am also the person who doesn't shop for a car unless I am serious about buying and know i can afford the car. I also treat the salesman with respect too which is why my car buying experiences have been pretty good.
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This (deal) hand-out might work out well for me... I'm driving a BMW 735i, I have been beating it to death for a few years it looks good & runs fine but has no real value.. So, I'm thinking of a 4 door Honda Civic SI for around $ 19,500 - 1,250 cash from Honda - 4,500 from the Gov = around 14,000 for a new car. I have to look into this some more, But it could be a good deal for me..
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Replying to: kernick (Jun 30, 2009 4:38 pm) However this program is very limited in scope. 250,000 vehicles per quarter is a drop in the bucket of all the vehicles on the road...it's 0.01%. As a percentage of the BOF trucks and SUVs on the road from 1984 ( ~50 million units ) it's about 0.50%. That's a tiny percentage of vehicles. Even if 'the vast majority' of qualifiers are not up to your standards there are still plenty of very qualified buyers that will jump at the chance to get $4500 for a $500 family heirloom. If you're in the business ignore it at your risk. I'll gladly take any of the riff-raff you decline to do business with. |
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Replying to: dtownfb (Jul 01, 2009 10:57 am) That's not enough to encourage vehicle makers from eliminating incentives. However i wouldn't be surprised if the incentives soon become a thing of the past. Why? Profits. GM, Chrysler and Ford must have profits to survive. Toyota, Honda and the rest don't want to stay stuck in the doldrums forever. Now that the D3 don't have the pressures of massive fixed cost debt hanging over their heads they can adjust production to inventory and sales. Before the D3 had to over-produce in order to keep fixed costs in line. Basically they gave up all profit. Now they can actually decline sales. WHOAAAAA ...whatta concept!!!! I do see a hint of this already, but it's too early to say if it's a firm trend or not. |
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Replying to: greanpea68 (Jul 01, 2009 10:42 am) I think everyone is trying to make sense of what little information is available. That hardly implies any pretense of expertise.  tidester, host SUVs and Smart Shopper |
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Replying to: prodrive (Jul 01, 2009 11:22 am) |
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Replying to: volvomax (Jul 01, 2009 12:53 pm) The BMW I have is a 1988 735I with around 135k on it with some sweet after market BBS rims that I will be pulling right off- and replacing them with the OEM set before any trade-in Oh, the other car that might work well for me too is the 4 door VW GTI.. both cars are great fun. If like to know; my other cars are 2003 Evo 8 (best car I have ever owned) & a Full size Montero 03
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Replying to: dtownfb (Jul 01, 2009 11:10 am)
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