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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: 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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Replying to: jwilliams2 (Jul 01, 2009 8:24 pm) |
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Volvomax, I'm looking for your reply...
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Replying to: prodrive (Jul 01, 2009 1:10 pm) That one is a hard one to call.... Yes it is a BMW but it 21 years old Have to see it, that would be something that would sell better on Craigslist. VW GTI may be better but would have to know more info... The Evo, you will never get a trade in value that you are happy with.... at least that is my experieence Hope it all works out for you... you may be better off waiting until the program "CARS" starts in a few months. GP
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Replying to: greanpea68 (Jul 03, 2009 12:18 pm) |
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