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Old 06-29-2009, 05:10 PM
 
31,387 posts, read 37,045,063 times
Reputation: 15038

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Quote:
Originally Posted by Huckleberry3911948 View Post
the government wants you to dump your servicable old car and get a $30,000 new piece of debt.
they want us to spend like lifestyles of rich and famous but work for min wage.
debt slaves r us.
$30,000?!?! What are you buying? We are disposing of a barely drivable, much less serviceable gas guzzler for a new sub $16,000 car with far better gas mileage. For us, this deal couldn't have come along at a better time.

My wife's Civic died from a frozen engine and the battle scared Jeep Grand Cherokee (V8 11 mpg on a good day) that we would have had to pay for someone to junk, turned into a $4,500 trade in.
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Old 06-29-2009, 05:13 PM
 
31,387 posts, read 37,045,063 times
Reputation: 15038
Quote:
Originally Posted by goat1of2 View Post

What's to prevent a person who owns a "clunker" from trading it in for a new car, then turning around and re-selling that car to the person who really wanted it (and did not have a "clunker" to trade in)?
How do you trade a vehicle in and then re-sell it?

I think you are asking how does one know that the vehicle traded in isn't resold by the dealership. According to the wife, who has become an expert of sorts on the program, the cars have to be junked and certified by the Government before the rebate is given to the dealership.
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Old 06-29-2009, 06:19 PM
 
Location: North Central Florida
6,218 posts, read 7,728,615 times
Reputation: 3939
I'll keep my old trucks, they're easy to work on myself, and are quite serviceable. Exactly the reasons why I suppose there is some new legislation being contrived at this very moment that will make them illegal to drive in the near future.....rat bastards we have running the show, for our "own good" these days........
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Old 06-30-2009, 05:39 PM
 
Location: North Carolina
531 posts, read 1,982,871 times
Reputation: 306
Quote:
Originally Posted by ovcatto View Post
How do you trade a vehicle in and then re-sell it?

.
You sell the brand new vehicle you just bought. I guess my use of the term "re-sell" was confusing. What I really mean is: agree ahead of time with a friend/family member who needs a new car that you will buy the car of their choice on their behalf, they will recompense you for the expense of doing so, and then, after a brief interval to make things look good, you "sell" the new car to them.

Unless you really really want a new car, however, by the time you pay twice the sales tax and twice the license plate fees, and lose the private party sale value of the vehicle you're trading in, I would bet you wouldn't be that much ahead.
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Old 08-03-2009, 09:20 AM
 
1 posts, read 1,676 times
Reputation: 10
What are the specific rules about re selling the new car you purchase when trading in your clunker? Can a parent trade in the clunker, buy a new car and then gift it to their kid?
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Old 08-03-2009, 09:59 AM
 
Location: Londonderry, NH
41,479 posts, read 59,778,277 times
Reputation: 24863
If you can afford an new car why not go and buy an old clunker for $500 and use it to get a $4500 rebate on a new economy car.
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Old 08-03-2009, 10:04 AM
 
8,652 posts, read 17,240,001 times
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Quote:
Originally Posted by GregW View Post
If you can afford an new car why not go and buy an old clunker for $500 and use it to get a $4500 rebate on a new economy car.
Because you have to own the clunker for a year first and it has to be used by the owner and insured..
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Old 11-12-2010, 09:51 AM
 
2 posts, read 2,781 times
Reputation: 10
I heard that you can sell old cars to government for $1200. How can I do that? Kindly answer me on that. Thank you.
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Old 11-12-2010, 10:04 AM
 
2 posts, read 2,781 times
Reputation: 10
By the way the car is a 93 toyota camery . can I sell that to the government . 1. how much money can i get from it 2. do i have to buy a new car in order to get the deal? 3. i dont want to buy a new car... is there anyway i can still sell it to the government and get $12000 or something... 4. what is the program called..
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Old 11-12-2010, 10:16 AM
 
Location: Eastern NC
20,868 posts, read 23,550,845 times
Reputation: 18814
Quote:
Originally Posted by jarce View Post
I heard that you can sell old cars to government for $1200. How can I do that? Kindly answer me on that. Thank you.
Never heard of that.
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