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THE Cash for Clunkers Thread (merged)

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Re: Cash for Clunkers is Bad for Charities

Unread postby Tanada » Thu 11 Jun 2009, 07:14:34

It does not matter if the donor was buying a new car or not, the cash they received almost always went to spending that stimulated the economy.
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Cash for Clunkers

Unread postby mgibbons19 » Tue 28 Jul 2009, 21:30:58

I haven't paid much attention to this because I drive what I want to drive. I just recently found out that they will be taking the cars that are traded in and using saltwater to destroy the engines.

I am deeply troubled by this. It seems quite counter to the spirit of getting as much out of the machinery we have. I have a hard time thinking that all of us buying brand new hybrids is really better for the environment than trying to get another five years out of my old truck. Further, since all of that machinery is being destroyed as per the program, there will not be spare parts to keep the fleet we have in trim and working.

On the cynical side, it would seem that this is a great way to get all of us back into the slavery of car loans, propping up the banking system, and giving a huge gift to the car people.

Good for the banksters, the auto industry, encouraging the indebtedness of the citizenry, causing us to hasten through the machinery invested, without tapping into any of its reuse potential. And this whole thing is going to be sold as wonderful for the environment?
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Re: Cash for Clunkers

Unread postby WyoDutch » Tue 28 Jul 2009, 22:15:10

Well... I'm going to take advantage of it.

I own two vehicles. The oldest is a 1984 GMC 3/4 to 4X4 diesel... which I bought new over a quarter century ago. It is rust free, thanks to the dry climate here... but with 225,000 miles on it... time to retire. My newest vehicle is a 1997 Suburban 4X4 with 270,000 miles. Runs like a top.
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Re: Cash for Clunkers

Unread postby frankthetank » Tue 28 Jul 2009, 22:18:53

Wait until the "handjobs" for "handguns" campaign starts... The hj will be administered by homeless dudes :)
lawns should be outlawed.
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Re: Cash for Clunkers

Unread postby oxj » Tue 28 Jul 2009, 22:24:23

If you can fix your own car it's always more economical to use used, both for yourself and for the environment.

I agree with your assessment, enslavement is what this is all about. In fact, if you know one of the stories about Detroit's decay, they say it was designed to reenslave the workers into home loans in the suburbs. All I can say is that I wish I had money now to buy junk cars for replacement parts right now.

On the other hand, I heard this program only applies to vehicles that get less than 17mpg. This would exclude my big boat luxury sedan but would include my light duty pickup. Go figgur.

As a poor person, what concerned me in the past were these vehicle donation programs which allowed people to claim a donation to put on their 1040 come tax time. The way I saw it, it propped up used car prices by bringing more professional salespeople into the used car scene, whereas previously the owner might have nearly given the car away to someone who could use it, since it was such a problem to get it off one's hands.

Really, we're all just flotsam in this together.
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Re: Cash for Clunkers

Unread postby oxj » Tue 28 Jul 2009, 22:26:24

$this->bbcode_second_pass_quote('WyoDutch', 'W')ell... I'm going to take advantage of it. I own two vehicles. The oldest is a 1984 GMC 3/4 to 4X4 diesel... which I bought new over a quarter century ago. It is rust free, thanks to the dry climate here... but with 225,000 miles on it... time to retire. My newest vehicle is a 1997 Suburban 4X4 with 270,000 miles. Runs like a top.

Really. My big boat luxury sedan has seen 221kmi. Next month I get the tranny overhauled and next year I'll drop a new block into it. You're giving away a beautiful antique, that GMC. So sorry to hear it go.
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Re: Cash for Clunkers

Unread postby Arsenal » Wed 29 Jul 2009, 08:08:42

We considered it and even went shopping for one but we walked away with sticker shock. A paid for vehicle that runs great but gets 16MPG is better than a $400-500/mo payment. Not worth it in my opinion.
If the American people ever allow the banks to control issuance of their currency, first by inflation and then by deflation, the banks and corporations that grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers occupied. T Jefferson
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Re: Cash for Clunkers

Unread postby Cloud9 » Wed 29 Jul 2009, 08:17:43

We know vehicles can be driven 50 years if they are maintained. The Cubans have proved it.

We had a thriving business in our town called Hart's Auto Parts. He rebuilt starters, magnetos, generators and alternators. He was put out of business by the discount auto chains that bought cheap asian parts. It became cheaper to replace than to repair.

I think we will see the rise of small repair shops again.
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Re: Cash for Clunkers

Unread postby oxj » Wed 29 Jul 2009, 12:20:33

[quote="Cloud9"]I think we will see the rise of small repair shops again.[/quote]
That would be strong work.
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Re: Cash for Clunkers

Unread postby smallpoxgirl » Wed 29 Jul 2009, 15:17:20

$this->bbcode_second_pass_quote('mgibbons19', 'I') haven't paid much attention to this because I drive what I want to drive. I just recently found out that they will be taking the cars that are traded in and using saltwater to destroy the engines. I am deeply troubled by this. It seems quite counter to the spirit of getting as much out of the machinery we have.

Time to unplug man. None of this makes any sense from any standpoint other than spin and electioneering. The game for this administration is "come sit on the lap of Obamaclaus and he'll have Little Timmy Geitner charge whatever toys you want on his presidential credit card." It's bread and circus. It's not supposed to withstand in-depth scrutiny. Ultimately it's a giant middle finger to the next administration and whoever of us are around long enough to try and pay off the bill.
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Of a thousand burning bridges
Sifting through the ashes every day
What we thought would never end
Now is nothing more than a memory
The way things were before
I lost my way" - OCMS
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Re: Cash for Clunkers

Unread postby Hoops_Mckann » Thu 30 Jul 2009, 21:54:19

http://money.cnn.com/2009/07/30/autos/c ... /index.htm

This is quite interesting....Now the program was not such a good idea??? Interesting.
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Re: Cash for Clunkers

Unread postby kmann » Thu 30 Jul 2009, 22:16:35

I have an old V6 Mitsubishi pickup that would just qualify that I was hoping to use - except no registration or insurance so it doesn't qualify. I haven't driven it in about a year and half. Any buyers? Cheap! :mrgreen:
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Re: Cash for Clunkers

Unread postby AlexdeLarge » Thu 30 Jul 2009, 23:19:04

AP sources: Govt to suspend 'cash for clunkers'
article $this->bbcode_second_pass_quote('', 'W')ASHINGTON (AP) - Congressional officials say the government plans to suspend the popular "cash for clunkers" program amid concerns it could quickly use up the $1 billion in rebates for new car purchases.

The dealers who sold cars under this plan are "suppose" to reimbursed by the goobermint. They may get stuck. No tears for government motors, but Honda, Toyota , Ford etc. may get screwed. .gov did such a good job with this, so lets put them in charge of health care!! What could go wrong! ;)
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Re: Cash for Clunkers

Unread postby timmac » Fri 31 Jul 2009, 00:39:40

I myself took advantage of the cash for clunkers just last Tuesday, I got $4500 for my 97 ext cab silverado HD 2500 that ran real good, been trying to sell it on craigslist and other places but seems that no one either has cash or needs a good used big truck anymore, 2 years ago this truck would have sold in 1 day here in Vegas, so I got myself a new 09 Nissan Frontier Crew Cab [V6] with lots of extras, Nissan also threw in a extra $3000 and the deal was sweet, never planed on a new truck but the deals are out there and the time is right, looks as if my timing was really right, midnight tonite the cash for clunkers is ending..

Yea I know I going to get beat up for using American $$ to buy a Japaneese truck, but the Frointer crew cab is such a great truck that neither of the big 3 had anything close... :mrgreen:
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Re: Cash for Clunkers

Unread postby Tanada » Fri 31 Jul 2009, 06:57:38

$this->bbcode_second_pass_quote('AlexdeLarge', '[')b]AP sources: Govt to suspend 'cash for clunkers'
http://www.breitbart.com/article.php?id=D99P2U9G1&show_article=1

$this->bbcode_second_pass_quote('', 'W')ASHINGTON (AP) - Congressional officials say the government plans to suspend the popular "cash for clunkers" program amid concerns it could quickly use up the $1 billion in rebates for new car purchases.



Based on the article the demand exceeded their expectations so they are suspending the program until the get caught up on all the paperwork. They know they already spent 10% of the budget in under a week and it scared the bejeebers out of them. By the time the paperwork all catches up they might have actually spent close to half the budget allowance, I know one of the local dealers here in town sold 60 vehicals under this program in 3 days, thats 300,000 bucks the Feds owe them already.
$this->bbcode_second_pass_quote('Alfred Tennyson', 'W')e are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
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Re: Cash for Clunkers

Unread postby Maddog78 » Fri 31 Jul 2009, 07:47:26

Congrats for getting in just under the wire.


$this->bbcode_second_pass_quote('timmac', 'I') myself took advantage of the cash for clunkers just last Tuesday, I got $4500 for my 97 ext cab silverado HD 2500 that ran real good, been trying to sell it on craigslist and other places but seems that no one either has cash or needs a good used big truck anymore, 2 years ago this truck would have sold in 1 day here in Vegas, so I got myself a new 09 Nissan Frontier Crew Cab [V6] with lots of extras, Nissan also threw in a extra $3000 and the deal was sweet, never planed on a new truck but the deals are out there and the time is right, looks as if my timing was really right, midnight tonite the cash for clunkers is ending..

Yea I know I going to get beat up for using American $$ to buy a Japaneese truck, but the Frointer crew cab is such a great truck that neither of the big 3 had anything close... :mrgreen:
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Re: Cash for Clunkers

Unread postby jimmyz » Fri 31 Jul 2009, 14:03:01

Friday overwhelmingly approved legislation that would add $2 billion to the government's "cash-for-clunkers" program
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Re: Cash for Clunkers

Unread postby kam3Oen » Fri 31 Jul 2009, 14:09:37

This government is spending money like a crackhead who just won the lotto, except the crackhead hasn't won the lotto, he's just convinced the bank he has.

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Re: Cash for Clunkers

Unread postby jimmyz » Fri 31 Jul 2009, 14:53:07

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Re: Cash for Clunkers

Unread postby mattduke » Fri 31 Jul 2009, 14:55:15

Obama's plan is to borrow from China, put taxpayers on the hook, and dole out 2B to some people, so they will destroy their cars.

Unbelievable.
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