CharcoalBird

iTrader: (4)

I would say "HAAAAA!!!!" but this affects me as well....darn it.

a leading Democrat saying "consumers have spoken with their wallets." I'm sure many haven't "spoken" with their wallets, rather, they've taken out a loan of some sort, but...i'm sure many of them will end up having it repo'ed.

I imagine this will get closed but....keep it clean guys.

arrowcamaro

iTrader: (2)

Good to see Uncle taking the steps to keep this program alive. I'm sure its helping people get rid of that old POS that they need to move on from.

GT150

I wish I could print my own money.................

mike

Stephen

iTrader: (12)

Sure you can.......
US Town Prints its Own Money

You can print it, but good luck getting anyone to take it.

91 Ragtop

Saw this victim as I went through a "Clunkers" lot. Pissed me off.

Awesome-X

Y'know I always thought to myself "Hey, the government should really give people some sort of incentive to buy a non-emission vehicle like taking their old gas vehicle as a trade in...but they'd never do that" and here they are raking out more money..at least its going to us and not to big companies this time. I know these aren't non-emission vehicles but at least they're a step up I guess...

GeeJenn91RSV8

I wonder where the ttops are at. Did the old owner not care to put them back in or did someone rip them off?

whitedevilTA

iTrader: (8)

Honestly, this program is a load of bullcrap. Lets rake out a ton of money and send the national debt skyrocketing to crush older cars that less fortunate people can afford, all while probably paying the crushing yards to dispose of them, and helping the car makers get going again after THEIR huge F-up. Sounds like something only obama could come up with. I didn't vote by the way.

Don't get me wrong, I love american cars and have never owned anything BUT american, but enough is enough. They messed up so let them fend for themselves.

91 Ragtop

I saw that too. Probably kept a souvenir of it. I'm guessing it's a V8 because I think the V6 had 19mpg which would have made it ineligible.

There was also a 1990 Mustang 5.0 Convertible there to be destroyed in addition to the 1998 Mercedes SUV and several other cars that someone could have used Couldn't believe it.

Red90IROC

I'm not in favor of the C4C. Sure seems like a massive waste of tax $$. However, it occurred to me today that it might make a lot of parts for 3gens actually cheaper. Yards have six months to strip off parts from C4C trade-in's, before they have to crush or shred the "bones". While I doubt a lot of 3gens are going into C4C (so many are owned now by enthusiasts), those that do will be stripped clean before crushing and a lot of parts will be put into the used market. Meanwhile, the ones that do get crushed will make the good ones that survive in our hands more rare/valuable. It's possible parts will be cheaper for us, and our cars worth more.

okfoz

Actually the V6 would qualify if it had the Manual Transmission I just checked and where they almost across the board decrease milage by 2 mpg, they lowered the V6/M5 by 3 for the highway...

John

TTOP350

iTrader: (8)

How can our country spend itself rich?


Don't re-elect re-peat spenders

odecca

You will never see that money, if the program was for you they would buy your car outright. As it is you must buy a new vehicle with the markup so large that the sticker price is usually high enough to absorb the $4500 with the normal trade in value. The positive is when a person buys a car that was made in the states, then at least it is helping those who build them, otherwise it is taking cars off the road that could be an affordable vehicle for someone less fortunate. And it is unfortunate to see classics of automotive history get creamed like this.

I like this idea better: they could give all us thirdgen owners an incentive to buy a LS engine and install it so we get better fuel economy. Or even the new V6 that is in the 2010. With 306hp I'd take that too.

rideon1200

Why is it not restrcted to buying a economical AMERICAN car. Toyota is loving it. We dont learn, spending American money to go overseas and not stimulate our economy.

1Aauto

I'm keeping my clunker.it doesn't cost me 300-400/mo to own.

scottmoyer

Not seeing that this is really 3rd gen history related except that there was one located in the "clunker lot", I'm going to close this. Sorry guys, but this is too heated a scenario that I'm afraid opinions and anti-Obama statements could get out of hand. I agree with most of you that this was a bad decision and adding another $2B to our debt is ridiculous.

Here is some good info to close on...
"Transportation Secretary Ray LaHood, the program's chief salesman, has pitched the rebates as good for America, good for car buyers, good for the environment, good for the economy. But it's difficult to determine whether the administration is overselling the claim without seeing what's being sold, what's being traded in and where the cars are being sold.

LaHood, for example, promotes the fact that the Ford Focus so far is at the top of the list of new cars purchased under the program. But the limited information released so far shows most buyers are not picking Ford, Chrysler or General Motors vehicles, and six of the top 10 vehicles purchased are Honda, Toyota and Hyundai."