I also heard there is almost the same thing going on if you buy a 2 or 3 wheeled motorcycle but the rebate is $2500 to $3000

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My jeep is on the list, but I'm not into buying new cars.
Is $4500 really worth the hit you take in depreciation right off the bat? I don't think so. It probably needs to be more like $10K.
Besides, my "clunker" can do a lot more fun things like pull a boat, haul kayaks, etc., than most of those fuel efficient vehicles.
Plus the cost of gas isn't really all that bad right now.
I also heard there is almost the same thing going on if you buy a 2 or 3 wheeled motorcycle but the rebate is $2500 to $3000
Part of the program requires the scrappers who take the trade in cars to DESTROY the drivetrains and useable parts.......TOTALLY ASENINE, if you ask me.Amen to that!! I agree 100%.
As far as the program is concerned, as long as parts are still available I've always been under the impression that it's "cheaper to keep her", instead of forking out money for interest on a loan, higher taxes, higher insurance rates, etc. And you know just because you get a newer vehicle doesn't mean you're not going to have repair bills, along WITH what is now a monthly payment.
Not enthused about this program, just my two cents worth, but I do think Hurricane had a great idea!
So you trade in a clunker, and anything useable for junkyard parts cannot be used.........This really hurts the little guy who CANNOT afford a new car and drives something 10 years old, and used junkyard parts to keep it running..........For years, that is JUST what I did.
Later,
Geo
My 93 Caravan is paid for. The reason I am still driving it is because I can't afford another car payment. Why in the world would I want to trade it in for a car payment I can't afford? Especially in this economy. These guys in the administration think they got all the answers. What a joke. This isn't about helping poor folks out. If that were the case they would have allowed you to keep more of your own money. No this is about global warming. Thats why these clunkers are being destroyed and being replaced by more environment friendly cars. Oh, I was told that my clunker doesn't count.
I am waiting on the "Bucks for Boats" stimulus myself.
Well since the government owns GM, they need to get the business going. What better way than to develop a program to make people buy cars? It makes good business sense and was proven previously by Hitler. The Volkswagen "Peoples Car" was an affordable car for the average person to buy. The government can recoup their investment in GM. This rebate program will work with other auto makers but GM has the best deals out there with incentives. Then Hitler ordered the construction of the autobahns. (Hi speed interstates that improved transportation throughout Germany). This improvement boosted their economy tremendously. The rest is history!
The pictures I've seen on the news regarding this program, and some of the auto's with writing's on their windshield they spells "clunker", let me tell you what folks, a lot (most of) those vehicles weren't clunkers by any stretch. Most of the auto's I saw had paint jobs that could still be waxed and taken care of. Looks to me like auto's with less than 100,000 miles are being traded. Heck from where I come from if you have something that is considered a clunker but still safe to drive you sell it to some young person at a very VERY reasonable price, or maybe give it/sell it to a friend or family member for a bargain who's down on their luck and in need of some transportation.
Nobama's plans continue to tick me off.
Keep feeding the idea that the gubment will take care of everything and more people will jump on board of gubment healthcare. It's another tactic to dumb down the masses. At least thats my take on it....
Great point. My wife and I were talking about this the other day. Just more of the new big brother Demonut administration telling America what they are going to do. They want all these little toy cars out on the road running on tofu oil, what a joke. Guys we gotta get the voters with sense to the polls and get these idiot Democrats out of office or this country is DOOMED.Part of the program requires the scrappers who take the trade in cars to DESTROY the drivetrains and useable parts.......TOTALLY ASENINE, if you ask me.
So you trade in a clunker, and anything useable for junkyard parts cannot be used.........This really hurts the little guy who CANNOT afford a new car and drives something 10 years old, and used junkyard parts to keep it running..........For years, that is JUST what I did.
Later,
Geo
absolutely!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!
