Anybody Take Advantage of the Cash For Clunkers Rebate?

This program should only apply for people buying American cars.

i work in the car biz.

you only get the 3500-4500 for the vehicle.

if your car is worth more, you don't get trade value plus that amount.

you do have to have the vehicle in your name for the past year.

looks like this may be the last weekend... (not that it matters to me as we don't participate in it)

If you're a gearhead, you hate this program. My dad was going to take advantage of it with his 1995 Land Rover Discovery. He decided against it when I told him that after the dealer takes the car, they drain the oil out and replace it with a sodium silicate solution and run it in neutral until it dies.

Fake Numbers wrote:

gazzelle wrote:

Yeah, just bought it last night...Got a $20,155 car for under $11,000, trading in a car i'd be lucky to get 500 for

It's not a $20,155 car, never was, never will be. It had a piece of paper with that number written on it, that's all. It's a fake number, so that every time a person overpays for the car, they will feel like they "got a deal."

That being said, $11,000 is lower than the fools who paid $19K, or $18K, $17K for the same car. No wonder people have so much contempt for the U.S. car makers, as they so plainly screw their own customers every day in the typical year. With the taxpayers help, they are getting rewarded, whether they deserve it or not. You made out very well too.

Granted I agree with everything you said about the value of the car, but what makes you believe this was a U.S. carmaker? A post a couple before this one laid out just about the same scenario with a Mazda 3.

Your story is a total fabrication. The dealer can do nothing except have your trade-in junked. You will in effect get no trade-in (unless the dealer is playing an illegal game with you) but will get the appropriate government credit.

Now, for example, if you have a $1,100 junker and buy a $20,000 car, you will probably get the $4,500 credit, so you will pay $15,500 for the car. The exception might be other rebates, etc. offered by the manufacturer, but you will get them regardless of this government credit. So, in this case, you would get a $3,400 benefit ($4,500 less $1,100).

You conspiracy idiots are truly idiots. The very thing that people don't like, the stringent rules about scrapping the vehicles, is what will keep them from re-appearing on the roads. And yes, unintended consequences: if being junked means that scrap dealers can pick them apart for parts, the cost of parts on the secondary market will lower--once again helping those who can't afford repairs on their cars. This is another Obama win-win, and the negative righties can not stand that it is working so well. Have you seen the second quarter economic report yet? Yup, things are definitely turning around, and it is happening like a bad dream for the Republicans, well before the 2010 elections. I say, thank God that we elected Obama and thank God that his people have the brains to get us out of the Bush mess.

CARZ wrote:

Yes...you will get the 10k plus the government rebate.

NO!

You do not get the trade in value, you get the estimated "scrap" value.

If you traded in a vehicle worth $10k for $4.5k, you are a letsrun reader

Stop telling the guy who said you get trade-in value he's wrong. We get it. 20 people before you have done the same thing.

Man some people suck at the internet.

Foolishness wrote:

You conspiracy idiots are truly idiots. .

Pot meet Kettle.

"This application provides access to the DoT CARS system. When logged on to the CARS system, your computer is considered a Federal computer system and is the property of the U.S. Government. Any or all uses of this system and all files on this system may be intercepted, monitored, recorded, copied, audited, inspected, and disclosed to authorized CARS, Dot, and law enforcement personnel, as well as authorized officials of other agencies, both domestic and foreign."

Cut the partisan crap, and pull your head out of your ass. How do you think these programs are financed?? Oh its magic money! "win-win", wake up man.

You make me laugh. Someone says something with intelligence, and praises all that Obama is doing to save the country and you come back with your "partisanship" bs. I can imagine how partisan you must be, since even this honest post got your shorts into a bunch.

if you are liberal hating, sean hannity loving conserative it would be impossible to think for yourself. Hannity is no different than any liberal on air america.[/quote]

thank you. i was in a debate with a coworker who thought air america was of a higher quality than say the o'reilly factor. to me they are one and they same. echo chambers.

No, I don't trust that "Mike" guy in the blue baseball cap , t shirt and jeans in the commercials.

Almost all the cars your required to get are Honda's and Toyotas....

I have a 2000 Jeep Cherokee which I loaned to my sister for six months while I lived overseas. She insured it for the past six months and now I have returned and am now insuring it. I purchased the Jeep new and paid registration and insurance for the past 8 years, and can prove it, except for the six months I was overseas. Do I qualify for the Cash for Clunkers incentive?

Produce a live birth certificate O lover!

My son wrote:

This program should only apply for people buying American cars.

Why? Keep you at the componay store? Clunkers made by the govt, sold by govt?

Anyone think the dealer is just inflating prices by $4500?

Foolishness wrote:

You make me laugh. Someone says something with intelligence, and praises all that Obama is doing to save the country and you come back with your "partisanship" bs. I can imagine how partisan you must be, since even this honest post got your shorts into a bunch.

Again, cut the partisan crap and wake up. You simply dont seem to get it.

I know its probably fun for you to act as if its a football game, but try thinking in 3 dimensions. Try to understand the issues. For starters, taking on more debt to solve a debt crisis will not work. Now while things like "cash for clunkers" are economically ridiculous and ill-conceived,they pale in comparison to bailouts like the 'TARP'. The cash for clunkers type programs are a version of "bread and circuses"(imo), keeping the peons at bay while the treasury is looted for TRILLIONS. Whats amazing to me is the number of citizens who dont seem to realize these chachki-type programs that are kicked their way are just financed by paying later with interest anyway. There is no alchemy in markets. (unless your the commercial banks of course, but thats a different story).

Answer this one question 'Foolishness': How will we pay down/balance our federal deficit in the future?

I recently replaced a car that would not have qualified for this program because I had done the right thing and bought a high gas mileage car years ago. I paid for my new car with my hard-earned money. Now my neighbor, who just took advantage of the program, who made a poor decision with a car before, is bragging about getting a lot more money than his car was worth. I told him "You're welcome" and he said "For what?" I don't make a lot of money and I work hard for what I get, so I do not like the idea of having to pay towards a car for a guy who makes twice what I do, but has been irresponsible with his money.

No matter what his lips say, Obama is taxing the hell out of us middle-income people because all of us taxpayers are contributing to the "incentive money."