Cash for Clunkers Bill

[OrangPeEL]

Originally Posted by kent As I understand this bill the cars must be 1985 or newer and rated at 18 mph or less, As I see it this would exclude all of "our" cars.

My GT is nearly the slowest car I've ever owned, but I've managed to top 18 mph a few times.

[plazaauto]

Okay first they are out of money, The house approved another 2 billion but the senate won't vote until next week.

The official rules are available at CARS.gov - Car Allowance Rebate System - Home - Formerly Referred to as “Cash for Clunkers”

Your trade in must be no older than 1984. (8500 to 10,000 gvw trucks can be from '84 to '01) on a new vehicle purchase or lease.

Your new vehicle cannot cost more than 45K.

The trade must be driveable, registered and insured for the last calendar year.

Limit of one per address.

As for your trade....The dealer is allowed to keep $50 in salvage value only.

They must drain the oil and replace it with 2 qts of Sodium silcate, which will sieze the motor. Then the vehicle can be sold to a salvage dealer only.
There is a list of approx 7700 dealers approved nation wide.

Anything but the engine can be sold. the vehicle must be destroyed within 6 months.

So all they have really managed to do is do away with the reasonably priced used car.

[GoinManta]

Originally Posted by plazaauto Okay first they are out of money, The house approved another 2 billion but the senate won't vote until next week. The official rules are available at CARS.gov - Car Allowance Rebate System - Home - Formerly Referred to as “Cash for Clunkers” Your trade in must be no older than 1984. (8500 to 10,000 gvw trucks can be from '84 to '01) on a new vehicle purchase or lease. Your new vehicle cannot cost more than 45K. The trade must be driveable, registered and insured for the last calendar year. Limit of one per address. As for your trade....The dealer is allowed to keep $50 in salvage value only. They must drain the oil and replace it with 2 qts of Sodium silcate, which will sieze the motor. Then the vehicle can be sold to a salvage dealer only. There is a list of approx 7700 dealers approved nation wide. Anything but the engine can be sold. the vehicle must be destroyed within 6 months. So all they have really managed to do is do away with the reasonably priced used car.

And get less than 18 MPG.. so my wife's beat-up 2004 minivan didn't qualifty as it gets 20 MPG..

Its primarily an attempt to get rid of old worn out SUVs and Trucks.. as most reasonably priced old Hondas, Toyotas, Dodge Neons, Ford Escorts, etc.. don't qualify.

[mdmanta]

Keep your eye on this piece of crap legislation, just wait till you trade in your car. The dealer, as obligated, destroys the engine, and that is before you know whether you are really qualified for this deal, then you find out that your qualifications are rejected. Either you just ate 4500.00 or you bring the new car back. Remember your old car doesn't run any more. Remember that Obama and his administration want to manage your health care too. Pay close attention.

[First opel 1981]

Originally Posted by mdmanta Keep your eye on this piece of crap legislation, just wait till you trade in your car. The dealer, as obligated, destroys the engine, and that is before you know whether you are really qualified for this deal, then you find out that your qualifications are rejected. Either you just ate 4500.00 or you bring the new car back. Remember your old car doesn't run any more. Remember that Obama and his administration want to manage your health care too. Pay close attention.

The political garbage needs to stay off the forums.

My 94 Tbird doesn't qualify but my 94 Mustang does. That sucks cuz the Tbird just lost a head gasket but is still able to drive to the lot. ~L~
I'm not getting rid of the Stang. I'm second owner and it still only has 110K miles. Not bad for a 15 year old car.

I agree that the plan seems to get rid of the glut of gas wasters out there. It's not, completely, unlike the legislation that was introduced under Jimmy Carter. The sad thing is the Carter era plan expired after 25 years and almost to the day the former president signed legislation that allowed a tax credit for vehicles over 6000 pounds. So those who bought the Hummers were given a tax break.

All in all, though it is costing way too much money, and really not doing enough, it's not as bad as some plans. I would rather see the $4500 incentive applied to hybrids only, but thats a dream that wouldn't be realized.

[traytodd]

When this program runs out in a few weeks, how full will the show rooms be?

[traytodd]

did you see the most popular 2 seater in the cash for clunkers deal was the Solstice/Sky.

[Dennis Texas]

Originally Posted by jordan All vehicles traded in with this bill MUST be crushed, that is the only reason the bill exists. I have heard, but not verified that all vehicles traded in for cash for clunkers must be crushed within 24 hours.

according to news report, not true, the engines have a form of acid to seize the engine but the cars are sent to places like pull your own parts (that was the person on the news describing what happens to clunkers ) and they sell the parts

also got this in email this morning not sure what this ia all about but I'm certainly not going to go to that website and authorize



"This is not a joke: Forget about Snopes & Truth or Ficiton. Spread the word. "

Glenn Beck: Government Website Takes Over Your Computer Forever

YouTube - Glenn Beck: Government Website Takes Over Your Computer Forever

YouTube - Glenn Beck: Government Website Takes Over Your Computer Forever

[Redskinsjbs]

Originally Posted by Dennis Texas according to news report, not true, the engines have a form of acid to seize the engine but the cars are sent to places like pull your own parts (that was the person on the news describing what happens to clunkers ) and they sell the parts also got this in email this morning not sure what this ia all about but I'm certainly not going to go to that website and authorize "This is not a joke: Forget about Snopes & Truth or Ficiton. Spread the word. " Glenn Beck: Government Website Takes Over Your Computer Forever YouTube - Glenn Beck: Government Website Takes Over Your Computer Forever

I thought that they used a liquid glass to replace the oil?

[stevyz]

Originally Posted by Dennis Texas according to news report, not true, the engines have a form of acid to seize the engine but the cars are sent to places like pull your own parts (that was the person on the news describing what happens to clunkers ) and they sell the parts also got this in email this morning not sure what this ia all about but I'm certainly not going to go to that website and authorize "This is not a joke: Forget about Snopes & Truth or Ficiton. Spread the word. " Glenn Beck: Government Website Takes Over Your Computer Forever YouTube - Glenn Beck: Government Website Takes Over Your Computer Forever

this is complete misinformation

[newman27]

Originally Posted by traytodd did you see the most popular 2 seater in the cash for clunkers deal was the Solstice/Sky.

Where can you find the list - I've only been able to find "top ten" lists.

Thanks,

Matt

[Dennis Texas]

Originally Posted by stevyz this is complete misinformation

hope you mean the video, the disposal of clunkers was on the news it was a report on what happens to them and I was suprised to see that they are recycled except for engines...The email information was just that, I have no idea of its validity I just passed that on as information thats why I said I don't know what this is all about, I did not misinform anyone thank you..

[traytodd]

It looks like the Solstice/Sky is second behind the Smart.

Four of Top ?Clunkers? Model Purchases Are Foreign (Update3) - Bloomberg.com

[plazaauto]

Official website is CARS.gov - Car Allowance Rebate System - Home - Formerly Referred to as “Cash for Clunkers”

My nephew has a 94 grand am that needs $1000 worth of work, it doesn't qualify either. 19mpg.

My daughters '01 blazer does...she said something about having to pry her SUV out of her cold dead hands.....I don't think she's going to trade it in.

Every dealer in our area is still waiting for payment from the government. They DO NOT have to destroy the trade in until they get the $$$$.

Biggest problem, they can't sell you a new car because they didn't order any.
GM & Chrysler Shut down and don't have any to ship.

So sales are up on imports....