Cash for Clunkers Program - Page 5

OnyxCougar · 07-31-2009, 11:51 AM

Shhh. Merc. Stop that right now! You are not allowed to ask those types of questions. You know, the one that the Dems would be asking if GWB was still in the BigSeat. But the Savior is in town, and the first commandment is "Thou shalt not question your government."

lumberjim · 07-31-2009, 01:05 PM

The house has approved an add'l $2B......

spudcon · 07-31-2009, 08:16 PM

Why can't people pay for their own cars, health plans, etc?

TheMercenary · 07-31-2009, 08:35 PM

Spend, spend, spend... where does it end?

Schumer: $2 Billion More Not Enough For 'Clunkers'
New York Senator Wants $4 Billion For Wildly Popular Program, Says Senate Really Dropped The Ball Initially

http://wcbstv.com/national/cash.for....2.1109985.html

TheMercenary · 08-01-2009, 04:11 AM

Dealers down here are matching the Cash for Clunks programs with $4500. Ok so you take the sticker prices (Which is BS pricing to start with) and they drop the price $4500 and add another $4500 off of that, say on a brand new Ford Focus that is a good bit of change, most anyone should be able to get a loan on that. Well unless your credit is crap and you can't manage your money. Sounds like a pretty good deal.

City (MPG)24 (2009)
Hwy (MPG)33 (2009)
Hwy (MPG)35 (2009)

Griff · 08-01-2009, 08:02 AM

I got caught behind an older Chevy Suburban at the gas station yesterday. $93 fillup for one occupant. If people can afford that, they can easily buy their own new car with decent mileage. I can't get past the idea that Congress is pissing away our money on temporary stuff for selected individuals who will continue to make stupid decisions. This program is flat out stealing.

lumberjim · 08-01-2009, 09:01 AM

Quote:

Originally Posted by TheMercenary

Dealers down here are matching the Cash for Clunks programs with $4500. Ok so you take the sticker prices (Which is BS pricing to start with) and they drop the price $4500 and add another $4500 off of that, say on a brand new Ford Focus that is a good bit of change, most anyone should be able to get a loan on that. Well unless your credit is crap and you can't manage your money. Sounds like a pretty good deal.

City (MPG)24 (2009)
Hwy (MPG)33 (2009)
Hwy (MPG)35 (2009)

I doubt very much that they'll give you a $4500 dealer discount on a focus. very much.

maybe including rebates....they might have a $1000 mark up in a loaded focus.....no dealer will lose $3500 on a car if it's not being reimbursed by the manufacturer.

xoxoxoBruce · 08-01-2009, 01:34 PM

Especially in these deals, where they're not going to make anything on the trade in. Somehow the, "lose money on every sale, make it up on volume", doesn't work in the real world.

A lot of (most?) people don't realize the manufacturers have been steadily sliding down the percentage of MSRP that the dealer keeps, for a number of years.
Back in the Detroit hay days, the dealer could get 20%, (more on land yachts), but those days of double digit percentages are long gone.

TheMercenary · 08-06-2009, 08:54 AM

Quote:

Originally Posted by lumberjim

I doubt very much that they'll give you a $4500 dealer discount on a focus. very much.

maybe including rebates....they might have a $1000 mark up in a loaded focus.....no dealer will lose $3500 on a car if it's not being reimbursed by the manufacturer.

The Top Ten Cash for Clunkers Trade-Ins:
1. 1998 Ford Explorer

2. 1997 Ford Explorer

3. 1996 Ford Explorer

4. 1999 Ford Explorer

5. Jeep Grand Cherokee

6. Jeep Cherokee

7. 1995 Ford Explorer

8. 1994 Ford Explorer

9. 1997 Ford Windstar

10. 1999 Dodge Caravan

The Top Ten Cash for Clunkers New Cars:
1. Ford Focus

2. Honda Civic

3. Toyota Corolla

4. Toyota Prius

5. Ford Escape

6. Toyota Camry

7. Dodge Caliber

8. Hyundai Elantra

9. Honda Fit

10. Chevy Cobalt

http://autos.yahoo.com/articles/auto...-and-new-cars/

Griff · 08-08-2009, 08:53 AM

Quote:

Originally Posted by TheMercenary

The Top Ten Cash for Clunkers Trade-Ins:
1. 1998 Ford Explorer
2. 1997 Ford Explorer
3. 1996 Ford Explorer
4. 1999 Ford Explorer
5. Jeep Grand Cherokee
6. Jeep Cherokee
7. 1995 Ford Explorer
8. 1994 Ford Explorer
9. 1997 Ford Windstar
10. 1999 Dodge Caravan

The Top Ten Cash for Clunkers New Cars:
1. Ford Focus
2. Honda Civic
3. Toyota Corolla
4. Toyota Prius
5. Ford Escape
6. Toyota Camry
7. Dodge Caliber
8. Hyundai Elantra
9. Honda Fit
10. Chevy Cobalt

http://autos.yahoo.com/articles/auto...-and-new-cars/

I like the trend here as they may actually be getting some real crap off the roads. I still wonder if they are creating a hurdle for people who are driving super crap cars by crushing vehicles somewhat better than they're driving and pushing up prices in the used car market. It is too bad GM doesn't have anything beyond Cobalt, but Ford seems well positioned.

Ibby · 08-01-2009, 09:38 PM

You know what my problem with this program is?
it royally fucks every college kid out there looking for a cheap car. Now the government is paying these dealers to destroy the cars I'M looking to buy!

monster · 08-01-2009, 09:59 PM

Don't fret, there are many on the used lots already that were sold before this program came about. And if this program persuades more people to buy new, then the used car market will have more cars per buyer which might bring prices down

Undertoad · 08-03-2009, 01:28 PM

It's heartbreaking to see this perfectly fine Volvo S80 destroyed in the name of... something. All that work and engineering simply being destroyed. Don't watch if you are a car fan, or have ANY better use of your time. Just watch the first 10 seconds to see what level of car is being destroyed here, not exactly a "clunker". It takes them a full 4 minutes to actually destroy the engine, running some sort of sand mixture instead of oil, what a testimony to Volvo...

It is not actually productive to an economy to simply *destroy* such things.

TheMercenary · 08-03-2009, 01:33 PM

I wondered about this as well. A perfectly running 4 banger VW bug probably pollutes less than most cars on the road.

lumberjim · 08-04-2009, 12:50 AM

holy mother of fuck.

30 deals written on a monday. I was jammed from 10 am untill 12 am doing one after another.

Obama says he'll guarantee the program will cover all deals written thru midnight tuesday....... I'm afraid of tomorrow.

It's this insane activity.....managers paging for salesmen that are already all with people.....deals backing up in the rack....people waiting 3 hours to see me.....and then being all shitty and too impatient to listen to anything i have to say.....

i should call in sick.

07-31-2009, 11:51 AM	#1
OnyxCougar Junior Master Dwellar Join Date: Mar 2003 Location: Kingdom of Atlantia Posts: 2,979	Shhh. Merc. Stop that right now! You are not allowed to ask those types of questions. You know, the one that the Dems would be asking if GWB was still in the BigSeat. But the Savior is in town, and the first commandment is "Thou shalt not question your government." __________________ Impotentes defendere libertatem non possunt. "Repetition does not transform a lie into a truth." ~Franklin D. Roosevelt

07-31-2009, 01:05 PM	#2
lumberjim I can hear my ears Join Date: Oct 2003 Posts: 25,571	The house has approved an add'l $2B...... __________________ This body holding me reminds me of my own mortality Embrace this moment, remember We are eternal, all this pain is an illusion ~MJKeenan

07-31-2009, 08:16 PM	#3
spudcon Beware of potatoes Join Date: May 2007 Location: Upstate NY, USA Posts: 2,078	Why can't people pay for their own cars, health plans, etc? __________________ "I believe that being despised by the despicable is as good as being admired by the admirable."

07-31-2009, 08:35 PM	#4
TheMercenary “Hypocrisy: prejudice with a halo” Join Date: Mar 2007 Location: Savannah, Georgia Posts: 21,393	Spend, spend, spend... where does it end? Schumer: $2 Billion More Not Enough For 'Clunkers' New York Senator Wants $4 Billion For Wildly Popular Program, Says Senate Really Dropped The Ball Initially http://wcbstv.com/national/cash.for....2.1109985.html __________________ Anyone but the this most fuked up President in History in 2012!

08-01-2009, 04:11 AM	#5
TheMercenary “Hypocrisy: prejudice with a halo” Join Date: Mar 2007 Location: Savannah, Georgia Posts: 21,393	Dealers down here are matching the Cash for Clunks programs with $4500. Ok so you take the sticker prices (Which is BS pricing to start with) and they drop the price $4500 and add another $4500 off of that, say on a brand new Ford Focus that is a good bit of change, most anyone should be able to get a loan on that. Well unless your credit is crap and you can't manage your money. Sounds like a pretty good deal. City (MPG)24 (2009) Hwy (MPG)33 (2009) Hwy (MPG)35 (2009) __________________ Anyone but the this most fuked up President in History in 2012!

08-01-2009, 08:02 AM	#6
Griff still says videotape Join Date: Feb 2001 Posts: 26,813	I got caught behind an older Chevy Suburban at the gas station yesterday. $93 fillup for one occupant. If people can afford that, they can easily buy their own new car with decent mileage. I can't get past the idea that Congress is pissing away our money on temporary stuff for selected individuals who will continue to make stupid decisions. This program is flat out stealing. __________________ If you would only recognize that life is hard, things would be so much easier for you. - Louis D. Brandeis

08-01-2009, 01:34 PM	#8
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	Especially in these deals, where they're not going to make anything on the trade in. Somehow the, "lose money on every sale, make it up on volume", doesn't work in the real world. A lot of (most?) people don't realize the manufacturers have been steadily sliding down the percentage of MSRP that the dealer keeps, for a number of years. Back in the Detroit hay days, the dealer could get 20%, (more on land yachts), but those days of double digit percentages are long gone. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

08-01-2009, 09:38 PM	#11
Ibby erika Join Date: Apr 2006 Location: "the high up north" Posts: 6,127	You know what my problem with this program is? it royally fucks every college kid out there looking for a cheap car. Now the government is paying these dealers to destroy the cars I'M looking to buy! __________________ not really back, you didn't see me, i was never here shhhhhh

08-01-2009, 09:59 PM	#12
monster I hear them call the tide Join Date: Dec 2005 Location: Perpetual Chaos Posts: 30,852	Don't fret, there are many on the used lots already that were sold before this program came about. And if this program persuades more people to buy new, then the used car market will have more cars per buyer which might bring prices down __________________ The most difficult thing is the decision to act, the rest is merely tenacity Amelia Earhart

08-03-2009, 01:28 PM	#13
Undertoad Radical Centrist Join Date: Jan 2001 Location: Cottage of Prussia Posts: 31,423	It's heartbreaking to see this perfectly fine Volvo S80 destroyed in the name of... something. All that work and engineering simply being destroyed. Don't watch if you are a car fan, or have ANY better use of your time. Just watch the first 10 seconds to see what level of car is being destroyed here, not exactly a "clunker". It takes them a full 4 minutes to actually destroy the engine, running some sort of sand mixture instead of oil, what a testimony to Volvo... It is not actually productive to an economy to simply destroy such things.

08-03-2009, 01:33 PM	#14
TheMercenary “Hypocrisy: prejudice with a halo” Join Date: Mar 2007 Location: Savannah, Georgia Posts: 21,393	I wondered about this as well. A perfectly running 4 banger VW bug probably pollutes less than most cars on the road. __________________ Anyone but the this most fuked up President in History in 2012!

08-04-2009, 12:50 AM	#15
lumberjim I can hear my ears Join Date: Oct 2003 Posts: 25,571	holy mother of fuck. 30 deals written on a monday. I was jammed from 10 am untill 12 am doing one after another. Obama says he'll guarantee the program will cover all deals written thru midnight tuesday....... I'm afraid of tomorrow. It's this insane activity.....managers paging for salesmen that are already all with people.....deals backing up in the rack....people waiting 3 hours to see me.....and then being all shitty and too impatient to listen to anything i have to say..... i should call in sick. __________________ This body holding me reminds me of my own mortality Embrace this moment, remember We are eternal, all this pain is an illusion ~MJKeenan

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