Cash for Clunkers Program

lumberjim · 07-21-2009, 02:29 PM

Do you guys know about this? have questions?

The official rules will be delivered the 24th, but I have a rough understanding of how this is going to work. Up to $4500 for taking your gas guzzler off the road and buying an efficient car begins this Friday.

info here

mpg ratings here

linkto a pdf of the actual law

glatt · 07-21-2009, 02:40 PM

So my last car, an '82 Buick Century, isn't eligible. It was too old.

I just wanted to say that that's dumb. It's exactly the kind of car that should be taken off the roads. Well, I suppose full size vans, trucks, and SUV are worse.

What are they going to do with these clunkers? Melt them down?

TheMercenary · 07-21-2009, 04:19 PM

Quote:

Originally Posted by glatt

So my last car, an '82 Buick Century, isn't eligible. It was too old.

I just wanted to say that that's dumb. It's exactly the kind of car that should be taken off the roads.

Oh the irony...

tw · 07-21-2009, 05:31 PM

Quote:

Originally Posted by glatt

What are they going to do with these clunkers? Melt them down?

Same thing they would do to that car if you traded it in - scrap it for spare parts.

Drove a newer version of that same car in the early 1990s. It was all over the road. Even my 1980 Honda Accord in that same month was more stable. Keeping that car on the road was a tribute to the mechanic and the attention of its driver at all times.

Makes no sense to buy a clunker when its very design makes it all but amazing it is still one the road. Would you melt down a miracle?

slang · 07-21-2009, 09:50 PM

Quote:

Originally Posted by glatt

So my last car, an '82 Buick Century, isn't eligible.

That looks just like mine Glatt. And mine is a 92'

glatt · 07-22-2009, 08:08 AM

yeah, you're right. I did a Google image search and came up with that picture. I didn't have a picture of mine handy. I don't think the picture is an '82. The lights look different, and mine had a padded vinyl top.

This is an '82 and is much closer to the way mine looked. Good comfortable car for road trips, but that's about it. A POS otherwise.

Pico and ME · 07-23-2009, 06:01 PM

Quote:

Originally Posted by glatt

yeah, you're right. I did a Google image search and came up with that picture. I didn't have a picture of mine handy. I don't think the picture is an '82. The lights look different, and mine had a padded vinyl top.

This is an '82 and is much closer to the way mine looked. Good comfortable car for road trips, but that's about it. A POS otherwise.

Glatt, whats the deal with that picture? It looks like it could be out of a Cohen brothers movie...:p

lumberjim · 07-21-2009, 03:05 PM

they have to be crushed. engines and drivetrains may not be parted out, but other bits an pieces may.

glatt · 07-21-2009, 03:07 PM

They're smart that you have to prove you've had the car for a year. Otherwise people would be buying clunkers just for the trade in potential.

Undertoad · 07-21-2009, 03:13 PM

Exactly Glatt. I was skeptical, but those two points answer a lot for me. I was saying to J, what, you can go on Craigslist, buy a $500 beater, and get $4500 for it? OK, no you can't.

lumberjim · 07-21-2009, 03:22 PM

This is the part that concerns me:

Quote:

Program runs through Nov 1, 2009 or when the funds are exhausted, whichever comes first.

ok....so...like....how do you know when they run out of money? it's going to take a few weeks for the dealer to get paid after the deal is done..... scary

glatt · 07-21-2009, 03:35 PM

So you just repossess the cars, right? If the buyer won't pay you back?

monster · 07-29-2009, 11:14 AM

Quote:

Originally Posted by lumberjim

This is the part that concerns me:

ok....so...like....how do you know when they run out of money? it's going to take a few weeks for the dealer to get paid after the deal is done..... scary

There's a cash-left-ometer on the page you linked to. Currently at $858M

xoxoxoBruce · 07-29-2009, 11:17 AM

The meter is probably approved claims, I wonder how much is in the pipeline?

monster · 07-29-2009, 12:01 PM

Quote:

Originally Posted by xoxoxoBruce

The meter is probably approved claims, I wonder how much is in the pipeline?

If it's approved claims, then they must be going through pretty quickly. I reckon it might be submitted claims.

07-21-2009, 02:29 PM	#1
lumberjim I can hear my ears Join Date: Oct 2003 Posts: 25,571	Cash for Clunkers Program Do you guys know about this? have questions? The official rules will be delivered the 24th, but I have a rough understanding of how this is going to work. Up to $4500 for taking your gas guzzler off the road and buying an efficient car begins this Friday. info here mpg ratings here linkto a pdf of the actual law __________________ This body holding me reminds me of my own mortality Embrace this moment, remember We are eternal, all this pain is an illusion ~MJKeenan

07-21-2009, 02:40 PM	#2
glatt ™ Join Date: Jul 2003 Location: Arlington, VA Posts: 27,717	So my last car, an '82 Buick Century, isn't eligible. It was too old. I just wanted to say that that's dumb. It's exactly the kind of car that should be taken off the roads. Well, I suppose full size vans, trucks, and SUV are worse. What are they going to do with these clunkers? Melt them down? Attached Images

07-22-2009, 08:08 AM	#6
glatt ™ Join Date: Jul 2003 Location: Arlington, VA Posts: 27,717	yeah, you're right. I did a Google image search and came up with that picture. I didn't have a picture of mine handy. I don't think the picture is an '82. The lights look different, and mine had a padded vinyl top. This is an '82 and is much closer to the way mine looked. Good comfortable car for road trips, but that's about it. A POS otherwise. Attached Images

07-21-2009, 03:05 PM	#8
lumberjim I can hear my ears Join Date: Oct 2003 Posts: 25,571	they have to be crushed. engines and drivetrains may not be parted out, but other bits an pieces may. __________________ This body holding me reminds me of my own mortality Embrace this moment, remember We are eternal, all this pain is an illusion ~MJKeenan

07-21-2009, 03:07 PM	#9
glatt ™ Join Date: Jul 2003 Location: Arlington, VA Posts: 27,717	They're smart that you have to prove you've had the car for a year. Otherwise people would be buying clunkers just for the trade in potential. Last edited by glatt; 07-21-2009 at 03:15 PM.

07-21-2009, 03:13 PM	#10
Undertoad Radical Centrist Join Date: Jan 2001 Location: Cottage of Prussia Posts: 31,423	Exactly Glatt. I was skeptical, but those two points answer a lot for me. I was saying to J, what, you can go on Craigslist, buy a $500 beater, and get $4500 for it? OK, no you can't.

07-21-2009, 03:35 PM	#12
glatt ™ Join Date: Jul 2003 Location: Arlington, VA Posts: 27,717	So you just repossess the cars, right? If the buyer won't pay you back?

07-29-2009, 11:17 AM	#14
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	The meter is probably approved claims, I wonder how much is in the pipeline? __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

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