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Cash for Clunkers - Does it Work for You?

2647 messages,  Last post on Oct 01, 2009 at 6:33 PM

You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester

What is this discussion about? Car Buying, Legislation

Edmunds Cash for Clunkers Calculator
 
I Traded My Clunker and Bought a....?


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#82 of 2647
Re: to kernich and volvomax [fintail] by jeffyscott
Jul 06, 2009 (10:51 am)
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Replying to: fintail (Jul 06, 2009 9:17 am)

There are many example of wealthy who drive beaters...
 
and these people are not meeting with car salesmen on a regular basis.
 
Car salesmen do get a somewhat distorted view of the average car owner as they see those who trade frequently far more often than those who buy a car and keep it "forever". The guy who trades every 3 years will be in 4 times to once for the guy who goes 12 years with a car.
#83 of 2647
Re: to kernich and volvomax [kirstie_h] by kathyc2
Jul 06, 2009 (10:57 am)
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Replying to: kirstie_h (Jul 06, 2009 10:12 am)

all to create an atmosphere - can be brought down by having the '88 Bronc in the customers' spot, and the customer wearing the Walmart happy-face shirt.
  
Appearances and atmosphere are very important to many businesses. Show up looking like a bum, and it doesn't matter if you can squeak by with the $; they don't want you in.

 
Yet it is "fair" to make comments such as the above? To suggest that someone driving an 88 Bronco is not worthy to park at the dealership? It's a car lot not a member only counrty club!
#84 of 2647
Can I give away my CARS voucher? by doidoadiesel
Jul 06, 2009 (11:11 am)
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I have a 95 Toyota 4 runner with a reconstituted title - I use it as my car to get me around in winter, and to drive the .5 miles to work. I have a 1999 Infiniti that is well maintained and still beautiful and don't really want a new car as I have (with the exception of 1 new car) always shopped carefully for low mileage used cars and put the savings in the bank. But - my girlfriend is thinking about a new car - can I let her use my 4Runner voucher so I can then buy her used Pilot for more than she would get at the dealer? I have looked for this answer but I don't see anything that would prohibit it yet.
#85 of 2647
Re: Can I give away my CARS voucher? [doidoadiesel] by thndersnow2
Jul 06, 2009 (11:28 am)
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Replying to: doidoadiesel (Jul 06, 2009 11:11 am)

From cars.gov:
 
Your vehicle must be continuously insured and registered to the same owner for the full year preceding the trade-in.
 
So.. you can't give away your CARS voucher.
 
I have a simliar situation where my car is still under my parents name. I would like to trade it in for a new car, and the only way I see as getting around that is to co-sign with my parents for the new purchase (confirmed by calling CARS hotline). Otherwise, if they buy it and then transfer the title to me, even though it would be tax free, I would have to get a new loan that wouldn't have the low interest rates as I would get if I was financed through the dealer.
#86 of 2647
Re: Can I give away my CARS voucher? [doidoadiesel] by stephen987
Jul 06, 2009 (11:30 am)
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Replying to: doidoadiesel (Jul 06, 2009 11:11 am)

The voucher goes to the dealer. So it's not really "yours" to give away. If you and your girlfriend want to buy the new vehicle together then you could probably do it.
#87 of 2647
Re: to kernich and volvomax [jeffyscott] by srs_49
Jul 06, 2009 (11:32 am)
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Replying to: jeffyscott (Jul 06, 2009 10:51 am)

Car salesmen do get a somewhat distorted view of the average car owner ...
 
Probably so. When we bought the truck 4 years ago, we went back to the same dealer we had used when we bought our '94 Caravan. It was going to be a cash deal, but the salesman was hung up on monthly payments and we had a hard time getting a bottom line out of him. He kept saying things like "what monthly payment would it take to get you into the truck". We finally walked and went to another dealer who understood where we were coming from.
 
In all fairness to the dealer, the "monthly payments" line was all that 90% of his customers cared about. But, he lost the sale because of it.
 
And yeah, I'm probably one of those customers kernich and volvomax have expressed no desire to see grace their dealerships. Doesn't matter, there are plenty of car dealers in the area. It's a buyer's market out there.
#88 of 2647
Re: to kernich and volvomax [kathyc2] by lemko
Jul 06, 2009 (11:49 am)
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Replying to: kathyc2 (Jul 06, 2009 10:57 am)

How about somebody driving a white Bronco very, very slowly?
#90 of 2647
Re: to kernich and volvomax [lemko] by kathyc2
Jul 06, 2009 (11:53 am)
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Replying to: lemko (Jul 06, 2009 11:49 am)

LMAO!
#91 of 2647
Is my truck a category one or two? by gagrice
Jul 06, 2009 (12:12 pm)
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According to Cars.gov a category 2 PU truck is 115 inch wheel base or longer.
 
A category 2 truck is a large van or a large pickup truck, based upon the length of the wheelbase (more than 115 inches for pickup trucks and more than 124 inches for vans). Note: some pickup trucks and cargo vans exceeding these thresholds are treated as category 3 trucks instead of category 2 trucks.
 
My Ranger is 125 inch wheel base. If that is the case I only need to improve the mileage by 2 MPG for the $4500 voucher.

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