 Cash for Clunkers, Luckily 914s don't qualify |
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| EdwardBlume |
 Jun 18 2009, 09:20 PM
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#1
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914 Wizard  Group: Members Posts: 12,338 Joined: 2-January 03 From: SLO Member No.: 81 Region Association: Central California 
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So without talking politics or religion... (IMG:style_emoticons/default/poke.gif) what do you think about the cash for clunkers program? Is anyone here going to be able to do it? (IMG:style_emoticons/default/popcorn[1].gif)
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Replies(1 - 19)
| Project 6 |
Jun 18 2009, 09:21 PM
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#2
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large member Group: Members Posts: 359 Joined: 30-December 02 From: Utah Member No.: 51 Region Association: None  |
Lot of restrictions....paid for by the oil companies and big polluters. Sponsored by the Air Resources Board.
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| Zundfolge |
Jun 18 2009, 09:55 PM
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#3
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Senior Member Group: Members Posts: 847 Joined: 12-August 07 From: Colorado Springs Member No.: 7,994 Region Association: Rocky Mountains |
QUOTE(RobW @ Jun 18 2009, 09:20 PM)  So without talking politics or religion... (IMG:style_emoticons/default/poke.gif) what do you think about the cash for clunkers program? Is anyone here going to be able to do it? (IMG:style_emoticons/default/popcorn[1].gif) Nope ... can't comment on it without bringing up politics. Sorry. (IMG:style_emoticons/default/confused24.gif) Socialism is bad 'um kay (IMG:style_emoticons/default/bootyshake.gif) |
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| EdwardBlume |
Jun 18 2009, 10:12 PM
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#4
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914 Wizard Group: Members Posts: 12,338 Joined: 2-January 03 From: SLO Member No.: 81 Region Association: Central California
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I'm just curious if anyone here will do it, or if anyone abroad sees it working. I figure either the low low end of the income producers will benefit (if you call picking up a new car loan a benefit), and upper enders with xtra cars that qualify.
I have a 2000 4Runner that has a trade in value of $5000 so its about a wash.... |
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| SirAndy |
Jun 18 2009, 10:34 PM
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#5
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Resident German Group: Admin Posts: 41,640 Joined: 21-January 03 From: Oakland, Kalifornia Member No.: 179 Region Association: Northern California |
QUOTE(Zundfolge @ Jun 18 2009, 07:55 PM) Socialism is bad True. I'm just glad we don't have anything here that even remotely resembles real socialism ... (IMG:style_emoticons/default/shades.gif) Andy |
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| RickS |
Jun 18 2009, 10:54 PM
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#6
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Senior Member Group: Members Posts: 1,408 Joined: 17-April 06 From: 'False City', WA Member No.: 5,880 Region Association: None |
I figure the 'up to' $4.5k will reimburse the buyer for the typical depreciation hit on a new car. Since I typically buy used cars where some other poor slob has already taken the depreciation hit - it may be time to get a car with an actual warranty. Diesel Jetta perhaps - but I need AWD. I like diesel because of MPG and biodiesel. Suggestions?
(Notice my skill in not getting sucked into Politics and Religion.) |
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| Todd Enlund |
Jun 18 2009, 10:57 PM
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#7
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Resident Photoshop Guru Group: Members Posts: 3,251 Joined: 24-August 07 From: Laurelhurst (Portland), Oregon Member No.: 8,032 Region Association: Pacific Northwest |
So, if this goes through, I trade in my Jeep, and in addition to whatever the dealer gives me, the government gives me an additional $4500?
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| EdwardBlume |
Jun 18 2009, 11:08 PM
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#8
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914 Wizard Group: Members Posts: 12,338 Joined: 2-January 03 From: SLO Member No.: 81 Region Association: Central California
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QUOTE(Todd Enlund @ Jun 18 2009, 09:57 PM) So, if this goes through, I trade in my Jeep, and in addition to whatever the dealer gives me, the government gives me an additional $4500? No, that's the rub. You trade in your Jeep, you get $0 for it, and the dealer cuts the price of the car $3500 or $4500 if you get a little 0-2mpg or a little better 2+ mpg mileage. It also needs to be LATER than an '84, drivable, and owned and insured for at least a year. The dealer then has to send it to a wrecker. You, me, everyone, your descentants, etc will then pay the $4500 + interest for you and maybe 149,999 of likeminded folks through taxes for the next 50 years. I figure it's a lotto for the extra cheap car owner, an incentive to borrow for the poor, and chum for hurting dealers (although Honda and Toyota figure to reap most of the bene's). |
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| 914_teener |
Jun 18 2009, 11:11 PM
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#9
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914 Guru Group: Members Posts: 5,198 Joined: 31-August 08 From: So. Cal Member No.: 9,489 Region Association: Southern California |
QUOTE(RickS @ Jun 18 2009, 09:54 PM) I figure the 'up to' $4.5k will reimburse the buyer for the typical depreciation hit on a new car. Since I typically buy used cars where some other poor slob has already taken the depreciation hit - it may be time to get a car with an actual warranty. Diesel Jetta perhaps - but I need AWD. I like diesel because of MPG and biodiesel. Suggestions? (Notice my skill in not getting sucked into Politics and Religion.) My understanding is that it has to get under 18 MPG? Funny thing is... my brand new Sienna doesn't qualify and I have already taken the depreciation hit (IMG:style_emoticons/default/WTF.gif) . Go figure. I appreciate your skill avoiding the politics. Like a true NW... smart. Quess my teener is out though. So maybe it appreciates? Again go figure. (IMG:style_emoticons/default/WTF.gif) Rob S |
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| Gunther |
Jun 19 2009, 12:05 AM
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#10
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Racer from birth Group: Members Posts: 50 Joined: 1-June 09 From: Charlotte, NC area Member No.: 10,429 Region Association: South East States |
I've got an old duelly that I payed $2200.00 for. I've got a total of $3000.00 into it. It gets 10mpg. They will give me $4500.00 for it. I'll get a newer duelly for a couple of extra bucks and get 15mpg. Gee How can I go wrong?
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| charliew |
Jun 19 2009, 12:07 AM
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#11
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Advanced Member Group: Members Posts: 2,363 Joined: 31-July 07 From: Crawford, TX. Member No.: 7,958 |
Maybe they will take my k5 86 blazer with the 350 ramjet that I've got about 12k in. It doesn't get 18mpg. Or my 91 3/4 ton 4x4 suburban, Wonder if a honda will pull my car trailer? or maybe they want the 86 or 88 gt fieros I use to run errands. They do get better than 18 though. Too bad they don't want the 70's international scouts, jeeps or blazers setting in the yard. Only thing is I haven't had a car payment since I gave my son my 2000 harley truck to trade in on his sti for a graduation present. I sure don't need a car payment now. Probably can't pay my taxes next year.
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| EdwardBlume |
Jun 19 2009, 01:44 AM
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#12
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914 Wizard Group: Members Posts: 12,338 Joined: 2-January 03 From: SLO Member No.: 81 Region Association: Central California
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QUOTE(Gunther @ Jun 18 2009, 11:05 PM) I've got an old duelly that I payed $2200.00 for. I've got a total of $3000.00 into it. It gets 10mpg. They will give me $4500.00 for it. I'll get a newer duelly for a couple of extra bucks and get 15mpg. Gee How can I go wrong? You have to buy a NEW truck to replace it.... A Mahindra perhaps?? |
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| EdwardBlume |
Jun 19 2009, 01:45 AM
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#13
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914 Wizard Group: Members Posts: 12,338 Joined: 2-January 03 From: SLO Member No.: 81 Region Association: Central California
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QUOTE(charliew @ Jun 18 2009, 11:07 PM) Maybe they will take my k5 86 blazer with the 350 ramjet that I've got about 12k in. It doesn't get 18mpg. Or my 91 3/4 ton 4x4 suburban, Wonder if a honda will pull my car trailer? or maybe they want the 86 or 88 gt fieros I use to run errands. They do get better than 18 though. Too bad they don't want the 70's international scouts, jeeps or blazers setting in the yard. Only thing is I haven't had a car payment since I gave my son my 2000 harley truck to trade in on his sti for a graduation present. I sure don't need a car payment now. Probably can't pay my taxes next year. You don't have to get 18mpg to get a voucher, you just have to beat the car you junk... |
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| johannes |
Jun 19 2009, 01:55 AM
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#14
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Club Porsche 914 France President Group: Members Posts: 3,084 Joined: 13-January 06 From: France Member No.: 5,409 Region Association: France |
It's the third time they do something like that in France.
They do it every time there is a crisis in automotive industry. It works pretty well. It had helped to maintain decent sellings of new cars and barely saved the french automotive industry (Peugeot Citroen Renault). Your old car must be more than 10 years old. You receive 1000 Euros bonus + variable bonus (200 to 2000 Euros) depending on energy and fuel efficiency of the new car you buy. Most of european countries have now similar system. |
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| Gunther |
Jun 19 2009, 07:15 AM
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#15
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Racer from birth Group: Members Posts: 50 Joined: 1-June 09 From: Charlotte, NC area Member No.: 10,429 Region Association: South East States |
QUOTE(RobW @ Jun 19 2009, 03:44 AM) QUOTE(Gunther @ Jun 18 2009, 11:05 PM) I've got an old duelly that I payed $2200.00 for. I've got a total of $3000.00 into it. It gets 10mpg. They will give me $4500.00 for it. I'll get a newer duelly for a couple of extra bucks and get 15mpg. Gee How can I go wrong? You have to buy a NEW truck to replace it.... A Mahindra perhaps?? My understanding is that you don't have to buy a new vehicle. You do need to buy it from a dealer though and you have to have owned it for more than 120 days. I'll have to reread my paper work. Anyone out there have a link to the rules? |
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| EdwardBlume |
Jun 19 2009, 08:08 AM
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#16
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914 Wizard Group: Members Posts: 12,338 Joined: 2-January 03 From: SLO Member No.: 81 Region Association: Central California
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QUOTE(Gunther @ Jun 19 2009, 06:15 AM) QUOTE(RobW @ Jun 19 2009, 03:44 AM) QUOTE(Gunther @ Jun 18 2009, 11:05 PM) I've got an old duelly that I payed $2200.00 for. I've got a total of $3000.00 into it. It gets 10mpg. They will give me $4500.00 for it. I'll get a newer duelly for a couple of extra bucks and get 15mpg. Gee How can I go wrong? You have to buy a NEW truck to replace it.... A Mahindra perhaps?? My understanding is that you don't have to buy a new vehicle. You do need to buy it from a dealer though and you have to have owned it for more than 120 days. I'll have to reread my paper work. Anyone out there have a link to the rules? Passing in Congress: http://abclocal.go.com/wpvi/story?section=...&id=6872285 Early Details http://www.edmunds.com/industry-car-news/c...r-clunkers.html |
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| EdwardBlume |
Jun 19 2009, 10:14 AM
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#17
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914 Wizard Group: Members Posts: 12,338 Joined: 2-January 03 From: SLO Member No.: 81 Region Association: Central California
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More info
Cash-for-Clunkers Bill Passes The Senate passed a pared-down version of the so-called cash-for-clunkers program Thursday that will give rebates to new car buyers who turn in older, less fuel-efficient models and that supporters are hopeful will kick-start the anemic car market. According to USA Today, the program, offering $3,500 or $4,500 cash vouchers, was inserted into a war-spending measure. As passed, program spending is limited to $1 billion and expires Oct. 1. "Cash-for-clunkers will provide a much-needed, short-term boost to the auto industry," said AIADA President Cody Lusk in a statement. "Americans need a reason to return to their local dealership, and this program, which benefits consumers and the environment, is a very good reason." The program would take effect within 30 days of being signed by President Obama, which he has said he will do. Cash-for-clunkers is expected to be in operation in early August. Click here for coverage of how the plan is expected to work once implemented. Similar programs have already been enacted in Europe and have spurred stronger sales almost immediately after taking effect. Click here for a database of qualifying vehicles, courtesy of The Detroit News. To read USA Today's coverage of Senate passage of scrappage legislation, click here. |
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| tat2dphreak |
Jun 19 2009, 10:57 AM
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#18
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stoya, stoya, stoya Group: Benefactors Posts: 8,797 Joined: 6-June 03 From: Wylie, TX Member No.: 792 Region Association: Southwest Region |
QUOTE(SirAndy @ Jun 18 2009, 11:34 PM) QUOTE(Zundfolge @ Jun 18 2009, 07:55 PM) Socialism is bad True. I'm just glad we don't have anything here that even remotely resembles real socialism ... (IMG:style_emoticons/default/shades.gif) Andy (IMG:style_emoticons/default/agree.gif) |
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| charliew |
Jun 19 2009, 02:00 PM
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#19
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Advanced Member Group: Members Posts: 2,363 Joined: 31-July 07 From: Crawford, TX. Member No.: 7,958 |
Sounds like the folks that don't use the scrap deal should get a 4500 tax break so things would even up. Course when was life ever fair?
Maybe next they'll give us 4500 to spend 20k on a solar energy package at the house. My house has had solar hot water since 86. Course the maintenance has cost whatever the savings were. |
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| SLITS |
Jun 19 2009, 02:05 PM
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#20
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"This Utah shit is HARSH!" Group: Benefactors Posts: 13,602 Joined: 22-February 04 From: SoCal Mountains ... Member No.: 1,696 Region Association: None |
We already gave them $36 B and they're only gonna give us back $1 B ..... Hmmmmm, looks like the "family" has found a new home.
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