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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: prodrive (Jul 03, 2009 5:12 am) |
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Replying to: ldisler (Jun 30, 2009 4:59 pm) |
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I have a 1990 Nissan Maxima with over 170k miles on it. It is in running condition and probably worth around $1,500 so it should qualify for the Cash for Clunkers progam. It is rated at 19 mpg combined. In order to get the full $4,500 under the CARS program, I have to find cars that get at least 29 mpg. The ones I am interested that qualify in are Honda Civic, Nissan Sentra, or Mazda 3. I am also looking at Diesel cars since some of them like the Volkswagen Jetta TDI are supposed to have another credit of up to $1,300. Does anyone have any recommendations in this regard ? I am trying to keep the out the door price to under $12k with all the incentives. Any suggestions will be helpful.
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Replying to: zaheer (Jul 05, 2009 7:58 pm)
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Replying to: stephen987 (Jul 06, 2009 2:29 am) |
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| Does anyone know how this bill became to be known as the "Cash for Clunkers" bill? It's very misleading as this bill is really designed to remove as many fuel inefficient cars from the roads, like the older style SUVs and pickups. Not just older cars. Wouldn't a better name be "Cash for Guzzlers"? | |
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You guys and your snobbish perceptions are unbelievable. In my business I see the overall financial picture of people. Many people who look like they have money are up to their eyeballs in debt. And many people who drive older cars have a net worth that would floor you. They accumulated their wealth by making prudent financial decisions. Most of them do buy new cars, but keep them for a number of years until they are no longer reliable rather than buying new every few years. So my client that makes 300K a year should keep his 96 Jeep away from your business, as that will hurt your "reputation". As should by doctor client who a couple of years ago traded her 90 Olds for a new BMW. Also, you don't want my client worth a couple of mill to look at trading her 97 Impala. But, my client that has a BMW and Jag and is ready to file bankruptcy you want!
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Replying to: kathyc2 (Jul 06, 2009 9:05 am)  There are many example of wealthy who drive beaters, and new highline cars driven by career debtors...but I have to believe neither are near the majority. For salesmen, where there's smoke, there's fire, it's all about playing the odds.
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