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Re: So, I thought about doing the cash for clunker
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This is the best post on CA, I have ever seen. You are the man!! :dance::banger |
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Re: So, I thought about doing the cash for clunker
I know this is probably irrevalent but I always said the government could have gave every American citizen $100,000 or more to spend and stipulate to buy a new vehicle from one of the major manufacturers. Instead they "loan" the companies BILLIONS of dollars and these BILLIONS of dollars were to "bail" them out. They still file bankruptcy. So where did all these BILLIONS of dollars go?
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Re: So, I thought about doing the cash for clunker
It just isn't feasible to give every citizen $100,000. The current US population is about 300 million. Say half are 18 and up and that gives you (a guess) 150 million people. At $100K each, that's $15 TRILLION dollars, or $1.2 trillion more than our GDP.
As far as where it went, it didn't exist in the first place. That's what go us into this whole mess in the first place. Which kind of makes my first paragraph moot. That was fairly non political, I guess. |
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Ditto! |
Re: So, I thought about doing the cash for clunker
Well Im doing the cash for clunkers tonight. Im trading in my 93 explorer that currently gets 10 mpg for a 09 Subaru Impreza Outback Sport that gets 22mpg at the least.
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:wo Congrats, I love my Outback! |
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Better hurry, sounds like its running out of money. Different reports are buzzing around. The first one today had it suspended, now its on again, and they are looking for more ways to fund it - spending more tax money they don't have :mad: Chas |
Re: So, I thought about doing the cash for clunker
Wanted to wait a couple weeks to trade in my 93 f150. Looks like the program will be gone by the time I am ready. :(
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Re: So, I thought about doing the cash for clunker
Who knows :confused:
From one article: At the White House, press secretary Robert Gibbs sought to assure consumers that the program is still running and will be alive "this weekend." "If you were planning on going to buy a car this weekend, using this program, this program continues to run," Gibbs told reporters. He would not commit to any timeframe beyond that. The program was scheduled to last through Nov. 1 or until the money ran out, but few predicted the fund would run out so quickly. The $1 billion in funding would provide up to 250,000 new car sales. And It was unclear how many cars had been sold under the program. Sen. Debbie Stabenow, D-Mich., said about 40,000 vehicle sales had been completed through the program but dealers estimated they were trying to complete transactions on another 200,000 vehicles, putting the amount of remaining funding in doubt. John McEleney, chairman of the National Automobile Dealers Association, said many dealers have been confused about whether the program will be extended and for how long. Many had stopped offering the deals Thursday after word came out that the funds available for the refunds had been exhausted. And Earl Stewart, who owns a Toyota dealership in North Palm Beach, Fla., said the changing messages on the program has created confusion among his customers and his staff. Stewart's accounting department also could only enter about a dozen of the 47 sales he made into the government Web site set up to handle the transactions, leaving him wondering if he will get refunded for the remaining vouchers. Chas |
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EDIT: Oops, looks like the Feds bailed it out with 2 Billion more today! :r http://www.dailyherald.com/story/?id=310651&src=110 |
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:mad: |
Re: So, I thought about doing the cash for clunker
Well I got my Subaru last night and have no regrets. Its like driving a go cart that does 85 in no time lol. I'll take some pics
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Well Ive had the car for a total of about 11 hours and my dad already managed to lock all 3 keys in the car :fl
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If I had a car that qualified I would do this in a heartbeat. I think it's a great deal. Some local dealerships are also matching the government money. Bottom line is cars need to be sold.
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Although I am against tax dollars being used for rebates on cars, I love the fact it happened. Gives great insight whats in store for Gov. ran health care. Confusion, server crashes, suppliers unable to submit paperwork, consumers limited by flow chart like requirements....
And this was just 200,000+ cars. Chas |
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