How did cash for clunkers do.

rokntoy

rokntoy

FUCKIN SLAYER!!!
Joined
Sep 2, 2006
Location
Elkin, N.C.
Got this in a e-mail. Thought I would share.:popcorn:

The person who calculated this bit of information is now and has been a professor at The University of West Virginia in Morgantown, West Virginia for the last forty some years.

A clunker that travels 12,000 miles a year at 15 mpg uses 800 gallons of gas a year.

A vehicle that travels 12,000 miles a year at 25 mpg uses 480 gallons of gas a year.


So, the average Cash for Clunkers transaction will reduce gasoline consumption by 320 gallons per year.


The government claims 700,000 clunkers have been replaced so that’s 224 million gallons saved per year.


That equates to a bit over 5 million barrels of oil. 5 million barrels is about 5 hours worth of US consumption.


More importantly, 5 million barrels of oil at $70 per barrel costs about $350 million dollars.


So, the government (taxpayers) paid $3 billion of our tax dollars to save $350 million.


We spent $8.57 for every $1.00 we saved.

I’m pretty sure they will do a better job with our health care, though.
 
It was pretty well establish that CfC had very little to do with saving gas or $$, it was about stimulating the automotive industry.
 
RatLabGuy said:
It was pretty well establish that CfC had very little to do with saving gas or $$, it was about stimulating the UAW.
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Fixed it for ya
 
rokntoy said:
Got this in a e-mail. Thought I would share.:popcorn:
The person who calculated this bit of information is now and has been a professor at The University of West Virginia in Morgantown, West Virginia for the last forty some years.
Click to expand...


It's West Virginia University, not the University of West Virginia! :fuck-you:
 
Think of the trickle down effect. The used car sales places have been hurting for cheap vehicles.
 
sgtbriangreen said:
Think of the trickle down effect. The used car sales places have been hurting for cheap vehicles.
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Plus mechanics, not sure how much it would've slowed but wouldve had to a little. I still think they shouldve recylced the parts off of them but I guess to many politicians have there head up there ass.
 
Redneck92 said:
Plus mechanics, not sure how much it would've slowed but wouldve had to a little. I still think they shouldve recylced the parts off of them but I guess to many politicians have there head up there ass.
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CFC vehicles ending up in junkyards was a gray area, they were definitley not crushed immedialtey. I picked an exhaust manifold and passenger seat from an XJ that was clearly CFC.
 
RenegadeT said:
CFC vehicles ending up in junkyards was a gray area, they were definitley not crushed immedialtey. I picked an exhaust manifold and passenger seat from an XJ that was clearly CFC.
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From what I gathered the only thing that could not be got was the engine the rest was could be re used.
 
rokntoy said:
From what I gathered the only thing that could not be got was the engine the rest was could be re used.
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Greensboro U-Pullit said they had to remove the Engines and transmissions other then that everything else was fair game for spare parts.
 
RatLabGuy said:
It was pretty well establish that CfC had very little to do with saving gas or $$, it was about stimulating the automotive industry.
Click to expand...

That's a broken window fallacy. All CARS was capable of doing was subsidizing future car sales and shifting those sales to the present. You can actually see this in the sales data -- a glut followed the termination of CARS rebates.
 
RenegadeT said:
CFC vehicles ending up in junkyards was a gray area, they were definitley not crushed immedialtey. I picked an exhaust manifold and passenger seat from an XJ that was clearly CFC.
Click to expand...
The pull a part in Knoxville was LOADED w them for a while.In the next county over nobody was takin then and they went straight from the lot to the crusher,I saw it w my own two little eyes.


jds97Wrangler said:
Greensboro U-Pullit said they had to remove the Engines and transmissions other then that everything else was fair game for spare parts.
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I cant believe TN had a different set of rules than NC but I pulled a 4L60 out of a Astro Van that was CFC.


The real ??? is how many were not crushed that were supposed to be and were put back on the road.You cant make me believe that every 6L vortec or 4.6 that was traded in got destroyed.Somebody/somewhere got one of em for their toy at home.
 
If it was done correctly, the engines would have been trash when they left the dealer. We had to put a product called Liquid Glass in the oilpan and run them til the engine siezed. The majority of them holed the block when that happened.
 
I have a CFC 454 that was swapped for a blown up 350 before the liquid glass made it to it. The capability of different engines to withstand the stuff was amazing. Had a 300ci Ford 6cyl run for over 20 minutes at w.o.t. with an oilpan full of liquid glass, finally gave up after blowing the top of the radiator off and geting hot enough to sieze.
 
I saw a graph of car sales around the time period for Cfc and sales went up and spiked for 1.5 month and then dropped lower than car sales prior to cfc. Ya that was a GENIUS move!
 
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