Comments on: So What Did “Cash for Clunkers” Cost Taxpayers? http://www.crabbyfatguy.com/?p=2319 An Unabashed Look at Lancaster Ohio Thu, 09 Sep 2010 20:01:41 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: oldman http://www.crabbyfatguy.com/?p=2319&cpage=1#comment-27279 oldman Mon, 02 Nov 2009 08:13:19 +0000 http://www.crabbyfatguy.com/?p=2319#comment-27279 it was a gooddel forsome who had the money to spend.. but if you are now looking for a nice used car or truck forget it....a lot of nice stuff went to the crusher it was a gooddel forsome who had the money to spend.. but if you are now looking for a nice used car or truck forget it….a lot of nice stuff went to the crusher

]]> By: Aunt Eek http://www.crabbyfatguy.com/?p=2319&cpage=1#comment-27196 Aunt Eek Sun, 01 Nov 2009 17:18:52 +0000 http://www.crabbyfatguy.com/?p=2319#comment-27196 all that proves is that you were part of the 20% or so who the program was intended for. all that proves is that you were part of the 20% or so who the program was intended for.

]]> By: daveman http://www.crabbyfatguy.com/?p=2319&cpage=1#comment-27194 daveman Sun, 01 Nov 2009 15:32:06 +0000 http://www.crabbyfatguy.com/?p=2319#comment-27194 I drove a clunker. I also knew that I needed a new car. Unlike most people I save my money when I can, don't have credit card debt, and shop for the best deal. I figured by 2010 I would buy a nice reliable used car. Then the clunker deal came. My car qualified so I figured it would be beneficial to by a new car under the clunker program then wait and buy used. I shopped, did research and found a great deal plus 0% for 5 years. If I would have bought used I'd be paying 5-7% or more. I would NOT have bought new without this program, and probably wont buy new next time. I CAN afford a car payment and I am glad this program came out. I drove a clunker. I also knew that I needed a new car. Unlike most people I save my money when I can, don’t have credit card debt, and shop for the best deal. I figured by 2010 I would buy a nice reliable used car. Then the clunker deal came. My car qualified so I figured it would be beneficial to by a new car under the clunker program then wait and buy used. I shopped, did research and found a great deal plus 0% for 5 years. If I would have bought used I’d be paying 5-7% or more. I would NOT have bought new without this program, and probably wont buy new next time. I CAN afford a car payment and I am glad this program came out.

]]> By: wirenut http://www.crabbyfatguy.com/?p=2319&cpage=1#comment-27098 wirenut Sun, 01 Nov 2009 01:28:21 +0000 http://www.crabbyfatguy.com/?p=2319#comment-27098 Then i will get a great deal on a repo and the Feds. don't have to give me any cash. Then i will get a great deal on a repo and the Feds. don’t have to give me any cash.

]]> By: Aunt Eek http://www.crabbyfatguy.com/?p=2319&cpage=1#comment-27095 Aunt Eek Sun, 01 Nov 2009 00:50:03 +0000 http://www.crabbyfatguy.com/?p=2319#comment-27095 most people who drive guzzlers can't afford new cars. this will be obvious in a year or so when their new cars get repoed. most people who drive guzzlers can’t afford new cars. this will be obvious in a year or so when their new cars get repoed.

]]> By: wirenut http://www.crabbyfatguy.com/?p=2319&cpage=1#comment-27074 wirenut Sat, 31 Oct 2009 13:40:43 +0000 http://www.crabbyfatguy.com/?p=2319#comment-27074 My BIL would never think of buying a car but did because of this offer. People who wouldn't normally buy a "New" car went ahead because of the $4,500. Those who traded their Clunker were driving a gas guzzler. Normally the Guzzler would have been replaced with a Guzzler, but in this case was replaced with a car that gets good gas mileage. Seems like it did some good. My BIL would never think of buying a car but did because of this offer.
People who wouldn’t normally buy a “New” car went ahead because of the $4,500.
Those who traded their Clunker were driving a gas guzzler.
Normally the Guzzler would have been replaced with a Guzzler, but in this case was replaced with a car that gets good gas mileage.

Seems like it did some good.

]]> By: Aunt Eek http://www.crabbyfatguy.com/?p=2319&cpage=1#comment-26803 Aunt Eek Thu, 29 Oct 2009 20:41:14 +0000 http://www.crabbyfatguy.com/?p=2319#comment-26803 "Ironically, the average transaction price for a new vehicle in August 2009 was only $26,915 minus an average cash rebate of $1,667." IOW, The government could have had people pay $1000 for a new car and they wouldn't NEED to drive clunkers, nor be saddled with years of payments. “Ironically, the average transaction price for a new vehicle in August 2009 was only $26,915 minus an average cash rebate of $1,667.”

IOW, The government could have had people pay $1000 for a new car and they wouldn’t NEED to drive clunkers, nor be saddled with years of payments.

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