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So, I thought about doing the cash for clunkers.
I have a pristine 95 Camaro bought new by me with 43k miles on it, and thought I might take advantage of the cash for clunkers program. According to the cars.gov website, my car averages 20mpg so it does not qualify. Also, it would be shame to scrap this car as required by law. Still, that 4500.00 would have been a sweet deal on a new car. Anyone taking advantage of the program??
Larry |
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Larry |
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I would love to with my 94 4Runner but I haven't owned it a year so I don't qualify. Way to go green/economic legislation. Seriously a year? What is the point in that.
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A 95 with only 43K on it? Wow! I would put that on in less than three years.
Can you get cash for a dead Toyota and buy a Ford? |
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Larry |
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I was thinking about it. I have a 93 Explorer that gets me around 10 MPG. I really want to get a truck but the only ones available are the small ones like the Ranger, Colorado/Canyon, the Mazada version of the ranger and the tacoma and most are only 2 wheel drive. What is nice is they offer the Colorado in a 4 wheel drive with a 5 or 6 speed manual which would be cool. Does anyone have experience with the 4 cylinder Colorado/Canyon? The thing is I really want to get a new Silverado and for a 20 year old kid I dont really want to be making payments.
I might just end up getting a used truck and selling the explorer |
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My dad is thinking about trading in his old (mid 90s I think) Explorer. I'm not sure how much he'll get, but said he's going to try it.
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Hold on I'll find the link ---------------- Now playing: Bruce Springsteen - The Rising via FoxyTunes |
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http://www.kbb.com/kbb/cash-for-clun...29745649376700
---------------- Now playing: Bruce Springsteen - The Rising via FoxyTunes |
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I was most pissed about the stupid age limitations of the bill... the car or truck being traded in has to be 25 years or newer? What the crap is that? My parents have an old POS F250 they inherited from my grandparents that they would love to trade in and get rid of, but its a 1982 so they don't qualify...
I have to say I'm getting seriously tired of these damn hoops you have to jump through for this bill... A serious waste of a Billion dollars... :rolleyes: |
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If the idea is an environmental and economing impact the 1 year restriction is stupid. |
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What happens to the old cars? They have to be registered and drivable. Do they crush them or maybe ship them out of country?
My 11 year old 295 HP V-8 car gets 18.5 MPG city, 25 MPG at 75 MPH on the open road. It would not qualify. Same mileage the 125 HP Toyota got before the engine died. I'm S.O.L. Besides, you can save far more money buying a two year old low mileage car. |
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They want to make sure you don't go to a salvage yard and buy a $500 "driver" to scam the system. I like the 25 year old rule to protect classics, speaking of...this Camaro with a V8 is worth more as a low mileage enthusiast car. Even a well preserved low mileage V6 car could be worth more than the $4500. Any way I wasn't planning on replacing the wife's car for two more years but if I can get the numbers straight I'll buy her a PT Cruiser today for $8500. My '95 Cougar qualifies.
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This almost makes blood shoot out my eyes! Why the hell are they scraping these vehicles? Aren't there people out there that are loosing their vehicles because they have lost they're job and can't afford the payments? How are they supposed to get to work when they get a job? What about the lower income families that don't need a new car but need a reliable vehicle? I'm 26 and up until a year a go I didn't drive a care that I paid more than $3000 for, and none of those were "clunkers". That means that if the people that I bought those cars from could have traded it in for 4500 even though they were only worth between $2,000 and $3000 I would have had to either pay more for a car or not gone to work, and school.
Instead the program should have been to donate your car to one of the charities that auction them off, the Gov't could give a tax refund up to a certain amount that could be used either for a new car, or a good used car, or spent however someone wanted to like making a couple extra payments on a house or pay down a credit card bill, you know smart thing like that. |
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Our family tried to get in on this.
1. Father has a sweet 99 Cressida that has started using oil. Value $2300 but unfortunately gets 19 mpg 2. Sister in law has a POS 01 Ranger. Value maybe $500. but it also was originally rated at 19 mpg. 3. Father has a 82 Town car. 140K all road trips. Too old. This law was made with too many hoops. I read on one blog that the total national price of this law would be less than a million because most cars just would not qualify. |
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I so want to trade in my 03 Toyota Matrix for a new Camaro, but somehow I do not think this will get me anything in this deal! If I drive the Matrix hard enough I can average 18mpg and if I drive the Camaro slow enough, it will get 28..... come on Gov, work with me on this!:D
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You are correct, sir. I pointed that out last night to a friend who has been looking for a job for six months. (IT director and project manager for a fortune 500 that sent everything overseas). The economy is all fixed and the fact that he can not find employment is all his fault because he wishes to make more than minimum wage. The President said so. |
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we have a similar kind of system in canada......get a discount off a new car or donate it to charity and get a tax reciept. quite a few seem to be taking advantage of it judging by how many of them i pick up. we get them and cannot sell them at all, we arent even suppose to sell the engines out of them. they are now talking about giving a discount coupon for the purchase of a bicycle for trading in an old clunker.
this is our program http://www.retireyourride.ca/home.aspx |
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I think you will find that soon Mfg's will chip in with their own incentives. Saw a Dodge/Chrysler/Jeep ad this morning that said they are matching the govt program for those with a qualifying car and offering their own rebate for those who do not have a qualifier. Great news for those with a trader, good news for those who dont. If you are looking for a Chrysler product.
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We all need to remember that this falls under the umbrella of one of the oldest lies around: " I'm from the government and I'm here to help you". :mad:
Run away from it as fast as you can. When are people going to wake up and realize that the government usually does not fix anything they make the problems worse or create new ones. This program is just another attempt to bailout the bailout. :2 |
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http://www.youtube.com/watch?v=jeYsc...eature=related
:tpd: Crack pot or not this guy has the right idea! |
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Do diesels qualify? If so I got a 13mpg oil burner they can have lol
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By the same token, the one company that didn't go begging for money from the Guvmint, Ford, has zero 2009's and are selling truckloads of 2010's that show up daily! I went Friday to look at a Ford Explorer; it's the same size as my Jeep Commander, and if I get something new, I'll probably go with Ford. And this is coming from someone who has been buying or leasing Chrysler vehicles exclusively since 1973! This whole "Cash for Clunkers" deal is another Obama "Were doing our best to help out you poor people out there" program. If it was really meant to help anyone, the program would have been written to accept any vehicle that is 10 years old or older and doesn't meet the upcoming new CAFE standards! :2 :dance: |
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Remember The Firestone debacle back in the 90's? Over 250 people killed, hundreds injured, and Ford's response was to ""offer"" a $300 or $500 voucher towards a NEW Ford vehicle. That was nice of them. Maybe the Plastic Manifolds?? The one that leaked and caused the engines to seize?? Ford was nice enough to send 1.8 million owners a check for $735. That's nice considering an engine replacement is in the THOUSANDS of dollars. Or possibly the ""rollover risk"" of the ""Exploder""?? Once again, Ford was nice enough to offer the same $300 to $500 voucher (if you QUALIFIED for it) towards a new Ford vehicle. Maybe the cruise control problem?? 3.6 million vehicles with a switch that could cause the engine to catch fire?? Then not having enough repair parts to FIX the problem?? Oh yeah, Ford is right there at the top of my list. :rolleyes: |
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i heard the reason ford didnt go after a bailout was that they mortgaged all their plants for operating capitol. that would be some big debt to try to get out of if it is true
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It then quotes a 98 Wrangler as having 18 mpg combined which does qualify. The 97 and 98 are the essentially the same vehicle AFAIK Point is, check around. |
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Here's the "official' offical mileage government table.
http://www.fueleconomy.gov/feg/CarsSearchIntro.shtml Larry |
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The OP's question was whether or not you would be participating in this program. Political commentary is not necessary or permissible. :rlz |
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There seems to be some gaps in logic on the gov site. Certain cars and trucks aren't even listed. I wonder who made the chart?
Larry |
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;s
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I have sent you a separate PM, and other than asking here that you accept my apology in the spirit that it was offered, I won't be discussing anything else here on this thread. ;s |
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http://editorial.autos.msn.com/artic...965&>1=22013 "Double Ca$h for Your Old Car," offers up to $4,500 cash or 0 percent financing for 72 months on qualifying new vehicles, even if the consumer's trade-in doesn't qualify for the federal incentive. |
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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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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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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! |
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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 |
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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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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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