Comments on: Will Cash for Clunkers Run out of Time or Money First http://www.autocreditexpress.com/blog/2009/07/24/will-cash-for-clunkers-run-out-of-time-or-money-first/ How to get an Auto Loan with Bad Credit - Auto Credit Express Tue, 16 Mar 2010 15:04:47 +0000 http://wordpress.org/?v=2.6 By: frank http://www.autocreditexpress.com/blog/2009/07/24/will-cash-for-clunkers-run-out-of-time-or-money-first/#comment-3037 frank Thu, 30 Jul 2009 16:45:49 +0000 http://www.autocreditexpress.com/blog/?p=801#comment-3037 Great deal for a customer that has a vehicle that qualifies. I do believe it will help our country NOW (bandaid) but we are all paying for it NOW and in the long run. The other thing is it will put the car companies back to work building cars by getting rid of dealer inventories;I just hope the big 3 starts building cars a little smarter in the future in the way some of there competion does in better more sellable packages (loose the million ways to make 1 car or truck)it's not 1955. It has been a crazy 18 months in the industry. Great deal for a customer that has a vehicle that qualifies. I do believe it will help our country NOW (bandaid) but we are all paying for it NOW and in the long run. The other thing is it will put the car companies back to work building cars by getting rid of dealer inventories;I just hope the big 3 starts building cars a little smarter in the future in the way some of there competion does in better more sellable packages (loose the million ways to make 1 car or truck)it’s not 1955. It has been a crazy 18 months in the industry.

]]> By: foureyedbuzzard http://www.autocreditexpress.com/blog/2009/07/24/will-cash-for-clunkers-run-out-of-time-or-money-first/#comment-3020 foureyedbuzzard Tue, 28 Jul 2009 15:02:50 +0000 http://www.autocreditexpress.com/blog/?p=801#comment-3020 Get in while the gettin's good - I did. Traded in the ten year old rusty minivan that needed constant repair for a new smaller vehicle(American made FWIW) that gets 30+ mpg. I wouldn't have done it without this incentive. This program will run out of money by Labor Day or shortly thereafter. If it helps the auto industry it's better than just giving them (manufacturers) the money to make cash flow - at least it will move cars off lots, keep dealer employees employed, lower inventories, and reduce carrying costs if nothing else. Hopefully it will stir up enough business to mitigate the losses the manufacturers are taking due to the economies of scale necessary to support the business models in place, and give the manufacturers a little more time to get leaner. Doing nothing isn't a particulary good option at this point in time. The plan sure isn't perfect. One of my used cars doesn't qualify, but at least I got one in. It's nice to get a little of all the tax dollars I've paid over the years back when I actually need it. Get in while the gettin’s good - I did. Traded in the ten year old rusty minivan that needed constant repair for a new smaller vehicle(American made FWIW) that gets 30+ mpg. I wouldn’t have done it without this incentive. This program will run out of money by Labor Day or shortly thereafter.

If it helps the auto industry it’s better than just giving them (manufacturers) the money to make cash flow - at least it will move cars off lots, keep dealer employees employed, lower inventories, and reduce carrying costs if nothing else. Hopefully it will stir up enough business to mitigate the losses the manufacturers are taking due to the economies of scale necessary to support the business models in place, and give the manufacturers a little more time to get leaner.

Doing nothing isn’t a particulary good option at this point in time. The plan sure isn’t perfect. One of my used cars doesn’t qualify, but at least I got one in. It’s nice to get a little of all the tax dollars I’ve paid over the years back when I actually need it.

]]> By: Aaron Panther http://www.autocreditexpress.com/blog/2009/07/24/will-cash-for-clunkers-run-out-of-time-or-money-first/#comment-2995 Aaron Panther Sat, 25 Jul 2009 22:06:05 +0000 http://www.autocreditexpress.com/blog/?p=801#comment-2995 Congress is STUPID. This law is Stupid. **** Congress and **** Obama Congress is STUPID.
This law is Stupid.
**** Congress and **** Obama

]]> By: John H http://www.autocreditexpress.com/blog/2009/07/24/will-cash-for-clunkers-run-out-of-time-or-money-first/#comment-2993 John H Sat, 25 Jul 2009 20:31:04 +0000 http://www.autocreditexpress.com/blog/?p=801#comment-2993 "means many customers could find themselves signing documents stating they must repay the voucher amount if, for some reason beyond the dealer’s control, the money to cover it is no longer there." So I am supposed to reimburse the dealer the $4500, then take back my "clunker" with its freshly seized engine? My clunker was worth $2500 before, and now it's worthless! “means many customers could find themselves signing documents stating they must repay the voucher amount if, for some reason beyond the dealer’s control, the money to cover it is no longer there.”
So I am supposed to reimburse the dealer the $4500, then take back my “clunker” with its freshly seized engine? My clunker was worth $2500 before, and now it’s worthless!

]]> By: No big government http://www.autocreditexpress.com/blog/2009/07/24/will-cash-for-clunkers-run-out-of-time-or-money-first/#comment-2989 No big government Sat, 25 Jul 2009 14:05:21 +0000 http://www.autocreditexpress.com/blog/?p=801#comment-2989 What an idiotic waste of taxpayer's money! This plan is ill-conceived! There's just too many things that can go wrong trying to buy a new car under this program. It DOESN'T help the car industry (1 billion dollars is a drop in the bucket) It DOESN'T help the environment, (come on, there are thousands of gas guzzlers that don't qualify, and in some cases the new car only needs to get 1 mpg higher than the old car) and it DOESN'T help poor people (You have to buy a NEW car, not even a fuel efficient used car will do.) What happens when someone buys a new car under this plan, then finds out a few weeks later that they dont' qualify or the money has run out? Then they'll have to pay back the rebate. This is a hollow promise! This is bureaucracy at its worst! What an idiotic waste of taxpayer’s money! This plan is ill-conceived! There’s just too many things that can go wrong trying to buy a new car under this program. It DOESN’T help the car industry (1 billion dollars is a drop in the bucket) It DOESN’T help the environment, (come on, there are thousands of gas guzzlers that don’t qualify, and in some cases the new car only needs to get 1 mpg higher than the old car) and it DOESN’T help poor people (You have to buy a NEW car, not even a fuel efficient used car will do.) What happens when someone buys a new car under this plan, then finds out a few weeks later that they dont’ qualify or the money has run out? Then they’ll have to pay back the rebate. This is a hollow promise! This is bureaucracy at its worst!

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