Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
No, I railed against it. The government outbid me for a million used cars I could afford, and completely wasted them . I, and a million other people, were denied affordable cars. Assuming we all had to pay $1,000 too much for our next used car, that cost the most vulnerable sector of the economy about a billion dollars. I can't remember the real number.
I have not, but a family member was thinking about it...... She later changed her mind, as she thought that it was a sham for the taxpayers anyway, and I think she's right
What a ridiculous waste of taxpayer dollars that was! People were paid far more than book value for cars that were dead or dying, and then went out and bought mostly imports, because American cars had been so unreliable for so long that no one would buy one, no matter how cheap they were.
Personally, I was unable to junk my old US made minivan for 4K (it was worth less than half that), because it was a less popular "twin" model to an identical minivan with a more popular name, and the government forgot to list it on the list of eligible cars!
Personally, I was unable to junk my old US made minivan for 4K (it was worth less than half that), because it was a less popular "twin" model to an identical minivan with a more popular name, and the government forgot to list it on the list of eligible cars!
Heh...reminds me of when I used to tell Uhaul that my Explorer was a Mazda Navajo in order to rent a trailer after the Explorer/Firestone rollover debacle, as _any_ Explorer was not allowed to be used as a tow vehicle but the absolutely identical Navajo was perfectly acceptable. Worked great for a year until one kid was actually paying attention, and spotted the Explorer emblem on the tail gate, lol.
I too got bit on the wrong side by that atrocious program. I recall it was virtually impossible to find _any_ used car for less than 4 grand at that point, which I just flat couldn't afford. I really wanted to get something newer than my 1979 SUV that got approx 6mpg, on a good day, downhill, but 4 grand wasn't even an amount I could dream of at that point. Just like when a particular vehicle goes across the Barrett Jackson auction line and sells for big bucks, it then seemed like _everyone_ thought ANY used car was worth at least 4 grand because of CFC, regardless of it's condition.
So my gas guzzling, emissions belching ancient SUV continued to pollute American roads for quite a few years afterwards. One heck of a successful program that was!
My 1990 Jeep Cherokee defined "clunker". I'd have to stop regularly to pick up pieces that were falling off. I took advantage of the program and am still driving the Subaru Forester I bought to haul the boy to college through S.Dakota spitstorms. It has served well.
...and then went out and bought mostly imports, because American cars had been so unreliable for so long that no one would buy one, no matter how cheap they were.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
