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Old 07-31-2009, 04:34 AM
 
19,177 posts, read 30,315,690 times
Reputation: 4011

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Quote:
Originally Posted by Sunny-Days90 View Post
People who work hard and have been successful do not have or own clunkers!
Yet another example of the right-wing's firm grip on reality. It gets just laughable after a while.
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Old 07-31-2009, 05:32 AM
 
Location: Upstate
8,266 posts, read 8,443,209 times
Reputation: 7337
Congress is looking to raise the program to $4 Billion. The WH would like to see 1 million cars get off the road. Even though there is only a 4 MPG increase in gas mileage.

Dealers are quite upset, due to all of the advertising spent. The paperwork for the dealer was a nightmare according to some, the program was only 135 pgs. The clunkers need to be disabled on the dealer lot. Some dealers sent the clunkers to a salvage yard, then had to return them to the dealer to disable them. Some dealers are worried they may have to "eat" the $4500 that they already gave to customers.

The program will be increased, possibly by today, since Congress is going on recess today.
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Old 07-31-2009, 05:52 AM
 
23,135 posts, read 21,138,661 times
Reputation: 13716
It was rushed through, poorly planned and nobody thought to determine what the end result might be. Yep, it was pure Obama. I mean D'oh!bama.
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Old 07-31-2009, 05:59 AM
 
2,229 posts, read 1,585,338 times
Reputation: 623
SO basically, 222,222 new "gas efficient" cars were purchased by consumers and are on the road and 222,222 clunkers were turned in.

Great. All done. Move along.
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Old 07-31-2009, 06:00 AM
 
Location: Upstate
8,266 posts, read 8,443,209 times
Reputation: 7337
Quote:
Originally Posted by Icy Tea View Post
It was rushed through, poorly planned and nobody thought to determine what the end result might be. Yep, it was pure Obama. I mean D'oh!bama.
Just think, this is just a drop in the bucket compared to Obama's Health Care plan.

They can't even get this right...just 250,000 requests. They planned for this money to last until October, it lasted less than a WEEK!

Dealers may not get paid. Hopefully the gov will pay them eventually.
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Old 07-31-2009, 06:21 AM
 
Location: Western, Colorado
1,599 posts, read 2,991,725 times
Reputation: 943
Quote:
Originally Posted by Icy Tea View Post
It was rushed through, poorly planned and nobody thought to determine what the end result might be. Yep, it was pure Obama. I mean D'oh!bama.
Just wait till heath care is "free", and people bombard the system with every little ailment, from stubbed toes to your common cold.
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Old 07-31-2009, 06:44 AM
 
Location: Charlotte
12,642 posts, read 14,997,061 times
Reputation: 1680
Default lol...

Quote:
Originally Posted by USNRET04 View Post
Congress is looking to raise the program to $4 Billion. The WH would like to see 1 million cars get off the road. Even though there is only a 4 MPG increase in gas mileage.

Dealers are quite upset, due to all of the advertising spent. The paperwork for the dealer was a nightmare according to some, the program was only 135 pgs. The clunkers need to be disabled on the dealer lot. Some dealers sent the clunkers to a salvage yard, then had to return them to the dealer to disable them. Some dealers are worried they may have to "eat" the $4500 that they already gave to customers.

The program will be increased, possibly by today, since Congress is going on recess today.
The dealers are upset...lol

135 pages.
What is it $33 per page?
Advertising? lol.....
Their competition (other dealers) have already been eliminated for the most part, and boo hoo, they didn't read the fine print and disable the vehicles so they created twice as much work for themselves. Let me guess - The Govt (taxpayers) should eat the cost...
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Old 07-31-2009, 06:45 AM
 
Location: Charlotte
12,642 posts, read 14,997,061 times
Reputation: 1680
Quote:
Originally Posted by ozzie679 View Post
US 'Clunkers' Program Said to Be Out of Money
July 30 (Bloomberg) -- The U.S. government’s $1 billion “cash for clunkers” program to spur new car sales “has been suspended” because it’s running out of money six days after it began, Senator Debbie Stabenow said.

lol...

We've obviously underestimated just how much junk has been sold to the American Consumer.
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Old 07-31-2009, 06:50 AM
 
Location: Upstate
8,266 posts, read 8,443,209 times
Reputation: 7337
Quote:
Originally Posted by walidm View Post
The dealers are upset...lol

135 pages.
What is it $33 per page?
Advertising? lol.....
Their competition (other dealers) have already been eliminated for the most part, and boo hoo, they didn't read the fine print and disable the vehicles so they created twice as much work for themselves. Let me guess - The Govt (taxpayers) should eat the cost...
The dealers were taking cars in after the govt ran out of money. So they are concerned they could lose $4500 per deal.

They thought this program was supposed to help the dealers, why would you think that they would not be upset?
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Old 07-31-2009, 06:51 AM
 
12,867 posts, read 14,285,474 times
Reputation: 4453
if you look at the figures, the program has not been a success. Automakers report July sales on Aug. 3. The results will show the industry suffered its 21st consecutive month of declines. Rising sales because of the U.S. trade-in incentives may indicate only a rush to take advantage of the cash, not an industry recovery, David Leiker, a Robert W. Baird & Co. analyst in Milwaukee, wrote in a July 27 note.

Hyundai Motor Co., No. 7 in the U.S. by sales, may be the only large automaker with a July increase, rising 8 percent, according to Santa Monica, California-based auto-research company Edmunds.com. Seoul-based Hyundai’s first-half sales slid 11 percent, the best results among its peers.
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