cash for clunkers

GotWood

GotWood

Sayer of Fact
Joined
Jan 12, 2007
Location
Maiden, NC
Has anyone done this yet? I am considering using the zj as a $4500 credit toward a new G6. With the different rebates and such, may only cost about 10k out the door.
 
Since the money is to be paid to the dealers...I bet you will see a lot of shell games played.

I.E. use this and factory rebates are null and void
 
It's bullshit. Nothing more than a sad attempt to boost a failing auto market disguised in the clothes of a "green" initiative. What it is going to do is screw those of us who recycle old car parts onto our old cars in order to keep them running, thus reducing the pollution caused by the creation of new cars. All the cars taken in by the C4C act get crushed. Not stripped, crushed. Especially the drivetrains, from what I understand. Yeah, I agree with SkyHi. Smoke and mirrors. The dealerships are going to make even more money off this, and it's going to keep Americans, who may be driving a car that's paid for and in fine running shape, in debt. Isn't that what got us here in the first friggin' place?

And the G6 I drove was a piece. Albeit it was a rental, and had obviously been abused, I expected better from a 15k mile car. Bits and pieces falling off, the roof didn't want to drop into the trunk, and the exhaust was giving a hellacious whistle at moderate throttle. It was almost continuous on the highway, and constant during accelleration. And it wasn't even that fast!
 
The bill was signed in May by the supreme leader himself. I have a zj w/ 200k and it ain't worth much anyway you go. With rebates/incentives I may be able to get a new car for 10k out the door. My wife drives to MD once a month, and that's 1k round trip.
 
"Your vehicle must be less than 25 years old on the trade-in date"
uhm...isnt the point to get bad mileage cars off the road? isnt 24 years ago when thy started making more fuel efficient cars? should they want the OLDER cars off the roa?


"You don't need a voucher, dealers will apply a credit at purchase"

Smart, now all the stickers on the car lots are going to go up by $4500 bucks.
 
Im waiting on the first bust, where dealers start shuffling trade ins or even auction buys into sales that didn't have a trade in.

So if you trade your truck in an anewer used one, before you know it you just traded it on a brand new truck andthey aare getting rebates from the gov't...

sounds shady until you think Harrelson was selling the same title 5 and 6 times
 
So what's happening on the back side of this? E.g., WTF does the dealer do w/ the "clunker" car? i'd think they'd be hard pressed to sell it? Hauled off by junkyards? So does that mean that junkyards will start collecting perfectly good cars?
Seems junkyards could then get into the "sell a whole car cheap" business.
Hm, then they could re-sell the car for say $500. Person buys its, drives a year, cashes in for $4500. Resold to junkyard. They resell for $500. And so on....?
 
RatLabGuy said:
So what's happening on the back side of this? E.g., WTF does the dealer do w/ the "clunker" car? i'd think they'd be hard pressed to sell it? Hauled off by junkyards? So does that mean that junkyards will start collecting perfectly good cars?
Seems junkyards could then get into the "sell a whole car cheap" business.
Hm, then they could re-sell the car for say $500. Person buys its, drives a year, cashes in for $4500. Resold to junkyard. They resell for $500. And so on....?
Click to expand...
From what I've read from various sources this is what happens.
catfishblues said:
It's bullshit. Nothing more than a sad attempt to boost a failing auto market disguised in the clothes of a "green" initiative. What it is going to do is screw those of us who recycle old car parts onto our old cars in order to keep them running, thus reducing the pollution caused by the creation of new cars. All the cars taken in by the C4C act get crushed. Not stripped, crushed. Especially the drivetrains, from what I understand.
Click to expand...
 
yep engine has to be destroyed by a federally regulated recycler...violation of agreement is a $500k fine for first offense
 
So this is what I think will happen.

The people that have these cars will find that they will have a real market to sell there POS to people who want to buy a new car and trad it in.

These cars will evaporate leaving the automotive repair and parts stores with none or a lot less business.

Then we will have the Automotive parts stores bailout package to save the failng Auto wrecking yard and parts stores that will end up going out of business any ways.

mean while those of use that keep these cars will not be able to get parts.
 
You hear dealerships doing this already all the time, "push pull or drag it in and get $xxxx in trade in!!" That was BEFORE all this came about...

Yeah the purchaser is not going to get any more vehicle for their money...UNLESS you ONLY buy a car that has a fixed value.

For example Saturns did not have the whole flexible price thing, course they are going away.

SCION might be a good bet, because again, there is ONLY 1 option, (Automatic adds $xxx to the price) So in theory you could buy one of them with your clunker and be ok.

But anything else, the "retail" price will be adjusted and the dealer is gonna make a killing.

So if you are going to do it, ONLY buy something with long history of fixed price so you know you are really getting a deal.

Just my 2 cents...

(Yeah this is gonna suck for those that want to buy the junkers for our own use)
 
Another question.
In order to get said deal, you must have owned the clunker for a year, have it registered etc.
How will they know how long you have owned it? Is there a date on titles?

But note, thsi requirement removes alot of what's been mentioned, people buying up old cars just to use as trade in - big PITA and $$ to get title and and regs, sit on it a year first.
 
Requirements of NEW take a lot of people out of the equation.

$17000 base+ '08 Pontiac G6
$4500 www.cars.gov
$2500 dealer rebates
_______
$10000

Sticker price is $21000 and they are advertising it at $17k w/o the different rebates added in. The zj is the real deal on the whole thing. No dealer would give me $2k trade in on it, let alone $4500.
I am going to "strip" the zj if this deal goes through, so I need a set of seats for a zj to put back in this thing. I don't care what color/condition they are in, as long as they bolt in.
 
Ridgerunner said:
So this is what I think will happen.

The people that have these cars will find that they will have a real market to sell there POS to people who want to buy a new car and trad it in.
.
Click to expand...

You have to have owned the car for at least one year and have had it registered and insured. You can't pull some pile out from behind the barn and trade it in, and you can't go buy a clunker for $500, then drive it up to the dealer and trade it in.
 
GotWood said:
Requirements of NEW take a lot of people out of the equation.
$17000 base+ '08 Pontiac G6
$4500 www.cars.gov
$2500 dealer rebates
_______
$10000
Sticker price is $21000 and they are advertising it at $17k w/o the different rebates added in. The zj is the real deal on the whole thing. No dealer would give me $2k trade in on it, let alone $4500.
I am going to "strip" the zj if this deal goes through, so I need a set of seats for a zj to put back in this thing. I don't care what color/condition they are in, as long as they bolt in.
Click to expand...


You get 4500 on top of what they give you for the zj...and its already gone through.

However it is optional for dealerships to participate as I understand it.
 
SHINTON said:
You hear dealerships doing this already all the time, "push pull or drag it in and get $xxxx in trade in!!" That was BEFORE all this came about...
Yeah the purchaser is not going to get any more vehicle for their money...UNLESS you ONLY buy a car that has a fixed value.
For example Saturns did not have the whole flexible price thing, course they are going away.
SCION might be a good bet, because again, there is ONLY 1 option, (Automatic adds $xxx to the price) So in theory you could buy one of them with your clunker and be ok.
But anything else, the "retail" price will be adjusted and the dealer is gonna make a killing.
So if you are going to do it, ONLY buy something with long history of fixed price so you know you are really getting a deal.
Just my 2 cents...
(Yeah this is gonna suck for those that want to buy the junkers for our own use)
Click to expand...

Or just set a price you can live with....

I.E.
Ford X plan is pretty easy to find online or find a friendly NC4x4 member whose company has it and get them to check it for you, for example...
 
Back
Top