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Cash-For-Clunkers Makes me want to cry


pitbull4x4
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To think of all the rare MJ's, or any rare collector vehicle for that matter, especially in good condition, that are going to be sacraficed for this program is definately sad. On the up side of this though...

 

1) I have noticed Comanche owners are loyal...every time I see one around, I always leave my name and number or talk with the owner and say if they ever want to sell it, let me be their 1st call...every single one of them says they will never sell their MJ, and if they truck is in need of work, they always say they are itching to fix it up (and usually keep my # for assistance when the time comes). Furthermore, they all seem to know how rare and special they are.

 

Granted, $$$ talks and $4,500 is a big number for a vehicle thats often times not near that value, but...

 

2) Our countrys financial system is in the crapper, and everyones credit went with it. Two years ago, I purchased a new car, as I had done in the past...Financed all of it, no co-signers, no problem. I had great credit. I have made my payments on time, and other than a couple minor dings on my credit, its still great...except it somehow has plummited to nothing. I couldn't get a $300 gas card if I wanted one now (I tried). Dunno how this happened, but I really don't care...I am over being in debt. I can assure you, most people are in this situation, and banks are scared to loan money to anyone that isn't well off financially. Furthermore, all who aren't well off, most likely don't have the cash in hand to buy outright. Of those who do have money, how many do you think have an MJ lying around? Not many...

 

Just narrowing it down here...and the last savior for our beloved MJ's

 

3) To qualify, the vehicle must get an OVERALL AVERAGE of 18MPG or less. This would put all 4.0 4x4's in danger, but it looks like the 5-spd 4.0 and the 4 cyl 2wd's won't quite make that overall average according to www.fueleconomy.gov. It looks like the 4 cyl 4x4's will be spared too. That really narrows it down to just a few, and of those few, how many are really going to be traded in (the initial noted one on this thread aside), and of those, how many are going to be helpless rustbucket, bondo filled jalopys...if someone has a really clean and nice one, they appearanly have an attatchment to it.

 

I'm just saying, the MJ isn't neccesarily doomed for the crusher. Most the vehicles that are going to be traded in, are going to be those vehicles (and you know the ones I'm talking about) that really shouldn't be on the road, or are just seemingly worthless, wasted space. We had a guy come into our shop with a rusted, falling apart beyond help Grand Wagoneer eyesore to have us swap out his new tires for some junk ones so he could go trade it in...I'd be suprised if it even made it to the dealer. I sure wish I could make it happen somehow with my 3/4 ton '89 F-250 that I can't afford to drive at its average 7 mpg, and I can't seem to sell because of it. Furthermore, it won't pass smog, which is not working to my advantage.

 

Just my take on it

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The time to cry about this was a few months ago when the bill wasn't passed yet. Day late and a dollar short now.

 

Watched an interview yesterday on CNN :roll: , with one of the jokers in DC that was trying to explain how great this was. He has defintely drank the cool aid and couldn't be persuaded that this was dumb. The bill was passed in the hopes that 250,000 new cars would be sold under this plan before it ends this fall. Right now they estimated only 50,000 have been sold. I'll bet they extend it.

 

Local dealers here are offering double the amount on select models. Great deal if you are in the market or have to have a new car. There is one thing about all this besides the lost of some nice vehicles. This program is being paid for by your tax dollars. And since the price varies, I averaged the cost at 4K, then multiplied that by thier planned 250,000. Yeah, thats one billion dollars on top of how much that the government has paid out to the failing auto companys? But wait, I would take a good guess that a lot of that is going to non-US auto makers.

 

It's hard to believe that this great nation is in debt to other countries around the world because of these bright ideas. :shake:

 

i would say that 100% of their goal is to help the new car dealers. they screw up their companies so bad, and then here comes the gooberment, help them out. screw that.

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I couldn't get a $300 gas card if I wanted one now (I tried). Dunno how this happened, but I really don't care...I am over being in debt. I can assure you, most people are in this situation, and banks are scared to loan money to anyone that isn't well off financially. Furthermore, all who aren't well off, most likely don't have the cash in hand to buy outright. Of those who do have money, how many do you think have an MJ lying around? Not many...

 

I agree with your conclusion that not many reasonable condition MJs are in danger. More importantly there is a good rust free supply in the NW and other non-salted areas. In 10 or 15 years probably not. To those contemplating rebuilding a rust bucket MJ I would suggest a trip to pick up a rust free one so your project has a solid base and will still be solid in 15 years.

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they have changed the details since i first read it, and i read the earliest version. seeing how the program just started, the early versions said the trade would be destroyed, no ifs and or buts, no parts no nothing. but here is how its stated in this artice: http://www.chicagotribune.com/topic/orl ... picgallery

 

 

Q: What happens to my clunker?

 

A: The dealer will permanently disable the engine, then send it to an approved salvage yard. The salvage-yard operator can sell parts off it, including transmission parts, but not engine parts. The rest will be shredded or crushed.

 

 

I appreciate your looking up the correct info. Thanks.

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The time to cry about this was a few months ago when the bill wasn't passed yet. Day late and a dollar short now.

 

Watched an interview yesterday on CNN :roll: , with one of the jokers in DC that was trying to explain how great this was. He has defintely drank the cool aid and couldn't be persuaded that this was dumb. The bill was passed in the hopes that 250,000 new cars would be sold under this plan before it ends this fall. Right now they estimated only 50,000 have been sold. I'll bet they extend it.

 

Local dealers here are offering double the amount on select models. Great deal if you are in the market or have to have a new car. There is one thing about all this besides the lost of some nice vehicles. This program is being paid for by your tax dollars. And since the price varies, I averaged the cost at 4K, then multiplied that by thier planned 250,000. Yeah, thats one billion dollars on top of how much that the government has paid out to the failing auto companys? But wait, I would take a good guess that a lot of that is going to non-US auto makers.

 

It's hard to believe that this great nation is in debt to other countries around the world because of these bright ideas. :shake:

 

The Dealer I was at sold 80 cars under this program in three days. I am guessing the money is exhausted by the end of August at the latest. Knowing Washington a renewal is a possibility but with all the spending that has happened I wouldn't bet on it.

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they have changed the details since i first read it, and i read the earliest version. seeing how the program just started, the early versions said the trade would be destroyed, no ifs and or buts, no parts no nothing. but here is how its stated in this artice: http://www.chicagotribune.com/topic/orl ... picgallery

 

 

Q: What happens to my clunker?

 

A: The dealer will permanently disable the engine, then send it to an approved salvage yard. The salvage-yard operator can sell parts off it, including transmission parts, but not engine parts. The rest will be shredded or crushed.

 

 

I appreciate your looking up the correct info. Thanks.

 

oh i hate bad info being passed around.

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what a joke

 

http://autos.yahoo.com/articles/autos_c ... Z1c2lvbg--

 

Some car shoppers are finding that their trade-in vehicles, which qualified for a Cash for Clunkers rebate last week, don't this week thanks to changes in the EPA's fuel economy ratings.

 

 

 

In some cases, car buyers say, dealers are backing out of sales they've already made because the EPA changed the fuel economy figures on their trade-in.

 

 

MORE AT CNNMONEY.COM

» Cash For Clunkers: Is it for you?

» The coolest cars for under $18,000

» New Hyundai and Ford cars hit home runs

 

 

"My wife just received a call from the sales manager saying that our clunker doesn't qualify anymore, and that we could either pay the extra $4,500 or return the new car (and get our old car back)," a car buyer wrote Tuesday on a message board at the Edmunds.com automotive Web site.

 

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Another car shopper emailed CNNMoney.com saying he went to the Environmental Protection Agency's fueleconomy.gov Web site on Saturday to double-check the fuel economy rating for his 1987 Mercury Grand Marquis. When he had visited previously, the car's combined city and highway fuel economy was rated at 18 miles per gallon, making it eligible for the program.

 

 

 

But on Saturday, he found something different: The fuel economy for his car had been raised to 19 mpg -- one mile per gallon over the maximum fuel-efficiency allowed under the Car Allowance Rebate System (aka Cash for Clunkers). As a result, he became ineligible for a trade-in credit worth up to $4,500.

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From what I understand, if you are willing to pay the 4500.00 you can buy them. But ,of course, 99.9% of the cars arent worth close to that. :fs1:

 

Unfortunately, american's have decided to trade their freedom for convenience.

I work in the used car biz and once a car qualifies for the Cash For Clunkers and is traded in It is issued a Certificate Of Destruction and can't be registered ANYWHERE in the U.S. and they require the dealer to Destroy the vehicle. They can't sell it even if they want to. This is really hurting used car dealers who are already suffering from a lack of quality trade-ins.My inventory is already down by 50% and it doesnt look like its going to get any better. :mad:

My personal opinion: any dealership participating in the President's "I will take your money through unauthorized by us taxation and giving it to people who have old cars" (this is called socialism) will NOT get my business. We have to wake up! "WE THE PEOPLE" have let this happen to us. WE have let State and Federal Politicians vote themselves pay raises and retirement benefits that means they get the salary they were paid for the REST OF THEIR LIFE! The pass laws on Social Security, but do NOT participate in it, and therefore have no vested interest in making it work! A married couple who worked for the State of California, he is 52 and she 48, I think the report said, both retired from their jobs and get $119,000 a year. No WONDER California is broke. And, I wonder if the Governor and others are doing what they are making the State employees do to fix their economy; take three days a month off WITHOUT PAY! Doubt it! I am liking what those involved in the T.E.A. movement are doing.

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A couple of us tried to get some concern for this bill before it passed, but nobody here was interested. Now you cry. It speaks loudly of the poor caliber of the individuals in Congress. If they had at least prorated on mileage instead all or nothing at 18mpg, it would have been a more useful bill for their cause. It's just the wrong solution to the wrong problem and is just going to cost us. It would have been simpler all the way around to have a raffle and give out money to some people so that they could spend on whatever and then create more jobs. But that would be consider 'Trickle down' economics and that's bad.

 

 

Is that the official way to destroy an engine? We've all heard of cars that haven't had any oil in them for years and keep running. I wonder how many tanks of gas they will use to destroy an engine. Sure the lack of coolant has a significant influence, but what if it was aircooled?

It's great that parts might remain in the pipeline.

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I blew this offer off by mistake at first. My wife needs a car badly. I'm getting a Nissan Sentra, $4500+$2000 rebate. I didn't think you could get rebates with this offer, but I found out today. So, 18k car for $11.5. A good deal for us. I'll be trading in my wore out Grand worth $1500 tops, but needing $1000 in repairs. I'm keeping the Comanche, I don't want to see it crushed. Sorry, but this program works for me.

 

I can't fault you for taking advantage of this program, but I sure hope you express your deepest appreciation to the rest of us .... considering its OUR TAX MONEY you just received.

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Bruton Smith? idk about that but it wouldent be a total suprise

that would be him. you can see his concerns arent for the people or how this recycling will stop this global warming we apparently have... he wants his cars to sell :wall:

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Its not that the dealers lost so much, its that it went over so well, and they are so backlogged, they think that they might have over shot the budget already once all cars are taken in. CARS is done as of midnight tonight.

 

http://news.yahoo.com/s/ap/us_cash_for_clunkers;_ylt=Aq1fH3OCicC4d.WiNjrY2vOs0NUE;_ylu=X3oDMTM2azcwdmtqBGFzc2V0A2FwLzIwMDkwNzMxL3VzX2Nhc2hfZm9yX2NsdW5rZXJzBGNwb3MDNARwb3MDMQRwdANob21lX2Nva2UEc2VjA3luX2hlYWRsaW5lX2xpc3QEc2xrA3NvdXJjZXNnb3Z0dA--

 

Rob L.

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I blew this offer off by mistake at first. My wife needs a car badly. I'm getting a Nissan Sentra, $4500+$2000 rebate. I didn't think you could get rebates with this offer, but I found out today. So, 18k car for $11.5. A good deal for us. I'll be trading in my wore out Grand worth $1500 tops, but needing $1000 in repairs. I'm keeping the Comanche, I don't want to see it crushed. Sorry, but this program works for me.

 

I can't fault you for taking advantage of this program, but I sure hope you express your deepest appreciation to the rest of us .... considering its OUR TAX MONEY you just received.

 

:cheers: Wow, I don't believe the comments I've recieved from friends over this. Mostly by people who couldn't afford a car right now. Just like my job as a firefighter, when I'm supposedly "doing nothing". People complain, but they're the first ones who want a reference when a job comes available.

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