Comments on: What is Cash for Clunkers?

By: PSP Go

PSP Go — Fri, 20 Nov 2009 16:07:44 +0000

Catchy title for the govt initiative, pity not so much time was put into working out the actual scheme effectively.

By: oneadvice

oneadvice — Fri, 02 Oct 2009 11:13:33 +0000

I love the term cash for clunkers.
We do a similar scheme in the UK where if you have had your car for a certain period of time and it is over so many years old you get a few ££thousands knocked off the price of a brand new vehicle.

By: The Almost Millionaire

The Almost Millionaire — Wed, 05 Aug 2009 00:59:29 +0000

Blake,
Very interesting take, and I had not considered that angle…real as it possibly is. Thanks for chiming in brother! Hope all is going well…things are very busy here in Mid Michigan believe it or not!!!

By: Ms Save Money

Ms Save Money — Tue, 04 Aug 2009 23:40:15 +0000

I just got a new car a week ago, too bad I couldn’t use the cash for clunkers.

By: Blake

Blake — Tue, 04 Aug 2009 14:22:18 +0000

Karen said- “…The program is really designed to get pickups and SUVs off the road.”

So they say… I think the mileage requirement is just PR to mask their true intentions- to cover their behinds in their investments in American automakers.

I’m not a fan of this at all. Just more deficit spending that’s going to be extremely painful to pay back.

By: Mitch

Mitch — Sat, 01 Aug 2009 13:04:40 +0000

Thanks Jean; I do have my moments here and there.

By: used tires

used tires — Sat, 01 Aug 2009 06:40:26 +0000

Well Mitch, it looks like you are absolutely right, as far as I’ve read.. the program is having great success… too much success in fact for them hehe. So it looks like there have been alot of smart people out there taking advantage of this great rebate offer! Now let’s just hope that they are able to deal with the car salesman, to reduce the price even more! =D

Till then,

Jean

By: Cash For Clunkers And Its Ups And Downs | Top Finance Blog

Cash For Clunkers And Its Ups And Downs | Top Finance Blog — Fri, 31 Jul 2009 17:56:00 +0000

[...] first learned about this program from my buddy Brandon’s blog The Almost Millionaire, and commented on it back then. To me, this seemed like a good program that, if handled properly, [...]

By: karenc

karenc — Mon, 20 Jul 2009 18:46:56 +0000

The government’s definition of a clunker is a vehicle that gets combined mileage of 18mpg or less according to their website. Most cars don’t qualify. The program is really designed to get pickups and SUVs off the road.

By: Jake

Jake — Mon, 20 Jul 2009 13:51:47 +0000

I’ll be driving my beat up old Dodge 4×4 (with nice stereo system haha) until the wheels fall off!

I HATE a car payment!