Cash for Clunkers Procedure

[bhays]

Ouch!

[XcYZ]

What a waste... on many levels. I'm so glad my taxes went to buy and destroy a perfectly useable car.

The Feds can't even run Cash for Clunkers right, I can only imagine how F'd up our healthcare would be with them running it.

[Beegs]

I wish people would wake up from their fast food induced comas.

Waste like this make me sick to my stomach.

[-Freak-]

That video enraged the car guy within me.

Between this, and other frivolous spending programs being shoved on us and the threat of socialised health care.

When do we start the revolt and were do I sign up?

[HRBS]

not to mention they are killing a car that gets 17 mpg, then giving $4500 towards one that gets 18mpg. AM I MISSING SOMETHING ?

[Vegas69]

That is ridiculous. A 1995 Aurora while not my favorite car, is not a clunker. If it passes smog, then it should be exempt from the program.

[70rs]

WTF?? And to think someone actually got paid for dreaming up this wonderfull program.

And the huge cloud of sh*t created while destroying these cars is helping us all breath a little better too? Again, WTF??

[redfire69]

Talk about waste and abuse, taken from official site: http://www.cars.gov/faq#category-16


"What happens to the vehicle I trade in?

The CARS Act requires that the trade-in vehicle be crushed or shredded so that it will not be resold for use in the United States or elsewhere as an automobile. The entity crushing or shredding the vehicles in this manner will be allowed to sell some parts of the vehicle prior to crushing or shredding it, but these parts cannot include the engine or the drive train."


And IMHO this is nothing more than pumping money into the auto industry. A billion dollars at a time. I wonder who will *really* pay for this.

[tones2SS]

Another "awesome" point in all this, most of the cars that people are buying are the Toyotas and Hondas!! Ford Focus was the ONLY American car on the top 5 list.
What a shame!

[MarkM66]

Originally Posted by HRBS

not to mention they are killing a car that gets 17 mpg, then giving $4500 towards one that gets 18mpg. AM I MISSING SOMETHING ?

"The value of the credit for the purchase or lease of a new passenger car depends upon the difference between the combined fuel economy of the vehicle that is traded in and that of the new vehicle that is purchased or leased. If the new vehicle has a combined fuel economy that is at least 4, but less than 10, miles per gallon higher than the traded-in vehicle, the credit is $3,500. If the new vehicle has a combined fuel economy value that is at least 10 miles per gallon higher than the traded-in vehicle, the credit is $4,500."