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Problem with the program was the dealers knew which cars would qualify and got to play with the prices FIRST.......I think the real cost of those cars would have been alot less if there had been no program.
Hmmm. We paid he exact same price that others paid before and since.
Congress recently passed a tax bill, as proposed in President Bush's economic stimulus plan, that offers a $100,000 tax credit for business owners who purchase any vehicle weighing 6,000 pounds or more when fully loaded.
Used cars scarce in Montgomery - Columbian.com (http://www.columbian.com/article/20090920/APF/909201403 - broken link)
Now instead of some of the big auto dealerships going out of business we'll just toss the smaller fish in the fryer and make life more difficult for middle and low income families.
Who couldn't see this coming from a mile away.
How bizarre.
The number of models that qualified for the Cash for Clunkers programs was very limited. If he argument was that there was a shortage of Ford SUV's and trucks, Jeeps and Dodge mini vans, I could see a credible argument being made. But to claim that there is a shortage of inexpensive used passenger vehicles the vast majority of which are rated at more than 18 mpg, and thus were not unqualified for the program, strains credulity.
I thought it was an "okay" plan that could have been better... I would of made the requirements much LESS stringent... that way anyone with an older car can turn it in (I know, even worst news for used car dealers)... I would then separate the "clunkers" into two categories "useless/low MPG" and "useful/high MPG"... then I would scrap the "useless" category and then "donate" the "useful" category to those programs that help really poor families get their first car... sure it would "hurt" some of the used car dealers but its for a good cause... boost car sales for higher MPG car (albeit temporarily) and give good usable cars to poor families... it also take off the roads the really bad cars..
I thought it was an "okay" plan that could have been better...
I think that could be said for any plan, either public or private, but your criticisms are interesting and have some merit which is far different than most.
I thought it was an "okay" plan that could have been better... I would of made the requirements much LESS stringent... that way anyone with an older car can turn it in (I know, even worst news for used car dealers)... I would then separate the "clunkers" into two categories "useless/low MPG" and "useful/high MPG"... then I would scrap the "useless" category and then "donate" the "useful" category to those programs that help really poor families get their first car... sure it would "hurt" some of the used car dealers but its for a good cause... boost car sales for higher MPG car (albeit temporarily) and give good usable cars to poor families... it also take off the roads the really bad cars..
Hey we don't need your kind of logical thinking around here!
I like that idea a lot. My car officially gets 22mpg combined, 4mpg short of the 18mpg limit set. It is pretty darn old, but even if it was eligible for the program I likely wouldn't have bought a new one. I simply cannot afford to buy a new car according to what I consider "afford" and it is a pretty darn reliable car. I won't sell it until the cost to maintain outpaces a car payment (and even then I'll buy used, someone else can take the deprecation hit)
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