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Stated briefly, it was a sham and a debacle. Typical government program.
Also typical was the fact that (on a different forum) I was the only person at the time who criticized it, and I was summarily shouted down. Most people loved it, at the time, and were unable to see how stupid and short-sighted and counter-productive it would turn out to be.
It was the Iraq Invasion of the automotive economy. Nearly unanimously endorsed until people saw what was really happening, and then suddenly everybody turned against it, and forgot how much they were in favor of it at the time..
Also typical was the fact that (on a different forum) I was the only person at the time who criticized it, and I was summarily shouted down. Most people loved it, at the time, and were unable to see how stupid and short-sighted and counter-productive it would turn out to be.
It was the Iraq Invasion of the automotive economy. Nearly unanimously endorsed until people saw what was really happening, and then suddenly everybody turned against it, and forgot how much they were in favor of it at the time..
Beyond the immediate question of, "Why should I have to help somebody buy a new car?" were deeper, more troubling questions.
Why did it become our job, as American citizens, to bail-out the automotive industry that had literally driven itself into the ground? Had they not been cranking out overpriced crap, we would have been buying the cars anyway?
Why didn't they just give significant tax incentives for people to buy ultra-efficient cars, if they wanted people do drive them?
And why didn't they let these "traded-in vehicles" just go to salvage yards, to be cannibalized and cheap parts used by people in the lower-income sector of society?
Cash for Clunkers was yet another incredibly stupid, inefficient, government nightmare. And they wonder why we're skeptical about the Affordable Care Act...
Did anyone participate in Cash for Clunkers? If so, do you recommend it? How does it compare to the CarFox?
Quote:
Originally Posted by Lafferty Daniel
Yes, I meant CarFax. As in show me the CarFax.
It doesn't compare, they're completely different, you hardly find a bigger apples to oranges comparison. One was a government program (that ended years ago) spending tax dollars to overpay for peoples POS (in some cases not POS, just not worth much) cars, the other is a private vehicle history report.
Here's one article that says not only did the program waste money but it hurt the environment Whoops
If you read the fine print on the Carfax report, you'll find that they state that there are no deficiencies "reported". So if the car had been in an accident, repaired, and never "reported", Carfax won't know about it.
What the Cash for Clunkers program did was remove all affordable used cars from the market and lower income folks have suffered since.
If you read the fine print on the Carfax report, you'll find that they state that there are no deficiencies "reported". So if the car had been in an accident, repaired, and never "reported", Carfax won't know about it.
What the Cash for Clunkers program did was remove all affordable used cars from the market and lower income folks have suffered since.
And made used auto parts skyrocket. A lot of good cars were destroyed because of this scam.
And at the time people weren't in a frenzy to buy American cars--they bought Japanese.
And why didn't they let these "traded-in vehicles" just go to salvage yards, to be cannibalized and cheap parts used by people in the lower-income sector of society?
How/when did auto junkyards become an exclusive source of cheap partsused by people in the lower-income sector of society? Do you mean to insult enthusiasts who like to work on cars or do you live in a fantasy world where the crap you toss out is like Christmas to the lower-income sector of society?
I can't believe someone actually expressed such a thought. You must be young, dumb, well off or feeling really entitled.
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