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Cash For Clunkers, Did you use it? |
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Sep 18 2009, 01:26 PM
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Full Member
 
Group: Members
Posts: 97
Joined: 6-August 09
Member No.: 76,051
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Location: Texas
Drives: 2009 Lancer GTS

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Just wondering how many people cashed in on that program. I had to jump on it. I gave them my old 1993 Ford Explorer Sport. It needed about $1500 in repairs and the trade in value was only $100. I opted for the GTS which only gave me the $3500 but that beats $100. What got me wondering is I just got a check from the dealership for $140 (over half of one payment) for the scrap value of my old Explorer. Didn't know if that was part of the program. I miss my Explorer a little bit. Had it for 7 years. I still need to name my Lancer. Old Explorer (this picture was taken after a $100 detail, the hood was heavily oxidized when traded in) (IMG: http://i596.photobucket.com/albums/tt43/IsIAreIsMe/PICT0775_resize.jpg) New Lancer! (IMG: http://i596.photobucket.com/albums/tt43/IsIAreIsMe/P1060144resize.jpg)
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Sep 18 2009, 02:29 PM
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Newbie
Group: Members
Posts: 5
Joined: 12-August 09
Member No.: 76,369
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Location: USA
Drives: 2009 Mitsubishi Lancer ES Sport

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I entered in the Program. I traded in my 1999 Ford Explorer AWD V8. It too needed a ton of repairs. I only got the Es Sport with NAV though. Real good question. I know that the dealer by law is suppose to give you money when they scrap your car. I knew that before buying the Lancer but forgot to mention it to the dealer. Now I need to call and see where my check is.
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Sep 18 2009, 07:09 PM
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Newbie
Group: Members
Posts: 14
Joined: 25-August 09
Member No.: 76,979
Status: 
Location: USA
Drives: 09 Lancer ES, no options

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i traded an old 91 isuzu rodeo and also got 3500 but no scrap value. I went back there and my car is still in the junk lot along with the other clunkers. Am i suppose to get it after its been crushed.
I got a Lancer ES w/ no options for 15200 out the door with 1.9% financing. How much was ur GTS deabears?
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Sep 19 2009, 09:51 AM
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Veteran
    
Group: Members
Posts: 1,258
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Location: USA
Drives: 2009 Lancer GTS (5 speed manual)

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So when do I get to borrow the cars that I (and all hard working tax payers) helped paid for? I figure since it was tax payer money that all CFC program users got, we all own a small stake in your cars. It's only fair that we get to borrow them. (IMG: style_emoticons/default/thumbsup.gif) IMO, cash for clunkers was a joke, just a way to buy votes. Most economists say that it did absolutely nothing to stimulate the economy or cars sales. It simply shifted sales that usually occur at the end of the year to the end of the summer. Most say sales will slow to a crawl for the rest of the year and possibly to a point worse than before this plan started. you gotta love the democrats.....sigh... (IMG: style_emoticons/default/sad.gif) But anyway, sorry for the rant. At least you guys choose wisely and got Lancers. (IMG: style_emoticons/default/banana.gif) Enjoy.
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Sep 19 2009, 09:27 PM
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Newbie
Group: Members
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Member No.: 76,979
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Location: USA
Drives: 09 Lancer ES, no options

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your tax dollars are wasted on alotta things you will never use or even known about. sorry!
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Sep 21 2009, 10:32 AM
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QUOTE (IsIAreIsMe @ Sep 19 2009, 03:23 PM)  I'll assume my taxes went towards my car. Nobody gets to borrow it. Good answer, expect that's only true if you paid as much taxes in the last fiscal year as you got cash in the CFC deal. If you did then your good, if you didn't then you used others tax dollars. QUOTE (d0ndota @ Sep 19 2009, 10:27 PM)  your tax dollars are wasted on alotta things you will never use or even known about. sorry! Believe me, I follow politics very closely, and I know how much waist is in government spending and how we all pay lots of taxes for things we don't use. But most of the things we pay taxes for are for the benefit of the greater good, like running a state/city/town, for schools, roads, military, police, hospitals, etc. These things benefit all, buying a material possession like a car with tax payers money, a car that you couldn't afford on your own, does not benefit anyone but yourself. Tax dollars should be used to help the country as a whole. And saying that it was used to help out GM/Chrysler or dealerships isn't what its for either. If you know how to run your business correctly, your business prospers, if you don't run it correctly, it fails. Simple as that. Tax dollars should not be used to keep failing private businesses afloat. QUOTE (DuffmasterFresh @ Sep 20 2009, 04:58 PM)  I was going to buy a used car last year but am very glad I waited. Its this program that gave me the money I needed to buy a much needed new car. I herd it was successful but I am not sure. Either way, it helped out a lot of dealerships, even if only for a month. Counts as a win in my book. Ah, the innocence of youth. When I want to buy something that I don't have the money for, I save up the money until I do, then I buy it. I don't take money from others to buy it just because I want it now. Maybe I was raised differently, idk, but I don't take handouts. I take care of myself. Everything I own was bought with hard work and my own money. If the dealers ever get there money from the government then it will help out in the short term, but not the long term. Right now dealerships are owed billions of CFC money and its putting a huge financial strain on many of them. Since they haven't been paid the money that is due them their cash flow/reserves is extremely strained and putting some of them in a worse financial situation than they were before CFC. A local dealer here had to temporarily close its doors until they were paid the money the CFC owes them, they couldn't keep operating without it. Once they get paid they will re-open. If it happened here it's happening elsewhere too. In a sense it was successful in the the amount of cars sold, but it was not successful in the way it was implemented, not successful in putting people into debt that couldn't really afford it, but sense it was such a great deal they bought anyway(same thing that happened with the mortgage companies, selling mortgages to people who could afford them), and also not successful in how they used billions of tax dollars to buy cars when it could have went to far more useful things, like education. I know this probably isn't the forum to be talking politics and I apologize for that, but these types of wasteful spending programs just get me angry.
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Sep 21 2009, 12:36 PM
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Location: Southern California
Drives: 2009 Lancer GTS (RotoGlow)

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I agree with you NY-09GTS in response to my comment. I want to assure you that while I am young, I am certainly hard working. I am paying for this car all on my own, and everything that is involved with it while going to school full time as well. I am striving to be an engineer which is not easy! But keep in mind humans are selfish and survival of the fittest is still in play here. I spent more money trying to maintain my van then I do on my new monthly car payments. So the government gave me, an individual person, a step up in the world. Without the C4C program I would have probably still gotten a new car, I need something reliable for when I move away to a 4-year university. I cant be spending my time fixing my van on the weekends at college when I have HW to do. When your a college student you accept everything you are offered such as money, food, school related equipment, etc. to help subsidize your financial situation. The government did just that and I accepted it. It is not necessarily greed, but accepting what you are given to improve your life situation. I would rather have kept my van, I miss it, but it was time. I am in debt now though, that I cannot deny. I don't need debt at my age, but this debt gives me reliable transportation so I can keep making money and being a taxpayer for the government. I am conforming just like they want me to! Unfortunately of course.
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Sep 22 2009, 02:23 PM
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Veteran
    
Group: Members
Posts: 1,258
Joined: 24-June 08
Member No.: 60,048
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Location: USA
Drives: 2009 Lancer GTS (5 speed manual)

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QUOTE (IsIAreIsMe @ Sep 21 2009, 01:22 PM)  Now I plan on cashing in on the Cash For Appliances. (IMG: style_emoticons/default/tongue.gif) Nice. (IMG: style_emoticons/default/bwekk.gif) QUOTE (DuffmasterFresh @ Sep 21 2009, 01:36 PM)  I agree with you NY-09GTS in response to my comment. I want to assure you that while I am young, I am certainly hard working. I am paying for this car all on my own, and everything that is involved with it while going to school full time as well. I am striving to be an engineer which is not easy! But keep in mind humans are selfish and survival of the fittest is still in play here. I spent more money trying to maintain my van then I do on my new monthly car payments. So the government gave me, an individual person, a step up in the world. Without the C4C program I would have probably still gotten a new car, I need something reliable for when I move away to a 4-year university. I cant be spending my time fixing my van on the weekends at college when I have HW to do. When your a college student you accept everything you are offered such as money, food, school related equipment, etc. to help subsidize your financial situation. The government did just that and I accepted it. It is not necessarily greed, but accepting what you are given to improve your life situation. I would rather have kept my van, I miss it, but it was time. I am in debt now though, that I cannot deny. I don't need debt at my age, but this debt gives me reliable transportation so I can keep making money and being a taxpayer for the government. I am conforming just like they want me to! Unfortunately of course. I commend you on what your aiming for and from the sounds of it will some day achieve. From reading your posts in here it seems you are a intelligent person, so I'm sure you'll be an engineer someday and probably make more money than me lol. I understand what your saying I was the same way when I was in college. I am in no way faulting anyone for getting in on the CFC program, it's the government that is at fault here and more so with this current administration. I just think the money could have been better spent, but hopefully, just maybe, this is an investment in the future of this country, that's helps out people like you so you can aspire to make something of yourself, which in turn makes this a better place to live for all of us.
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