Cash for Clunkers suspended!!

[GenevaDirt]

Just saw it on the news that it is expected to be suspended at midnight tonight because they think they are out of money....lol.
They set aside 1 billion dollars and they think it is gone in just a few days....they said it was supposed to go from July 1st through November 1st.

Government in action....woohoo!

[batstiva]

^^ Saw that too. Betting the car companies and dealers have already spent close to 1 billion on ads for it. Seems like that's all I hear/see is car ads about cash for clunkers.

And these people want to be in charge of my healthcare??

[GenevaDirt]

yup.....pretty scary huh?

[lessersivad]

"We want to stimulate the auto industry and help to clean up the environment. Therefore we are going to impliment up to a $4500 rebate for trading in less fuel efficent vehicles on newer, cleaner, and more fuel effecient vehicles."................What the.?.?.?.?.OH, NO......where did all these people come from for the deal?!?!?!?...........DUH!!!

[deathegg]

Also, the rules and guidelines were typical government - almost 140 pages of rules to follow. Did you know that the DEALER, not the junkyard, was responsible for destroying the engine in an eligible "clunker"? The dealers were complaining, and rightly so, because what happens if the deal somehow falls through (it often does); the dealer would be stuck with an old car without an engine! Anyway, if you keep an old car running well, the savings to the environment are greater than turning it in and getting a new car.

[roycehof]

Here is the government rewarding irresponsible behavior AGAIN - Why should we, the taxpayers, give a hand-out to the people who bought gas guzzler? It bothers me that the government keeps rewarding bad behavior - Like people who bought houses they couldn't afford. Why is the taxes I pay going to help them? SMELLS LIKE TROUBLE!
I don't mind helping people that need it but this is starting to be too much for the tax-payers to bear!

[Barkley1021]

Two words, JOB SECURITY!!! If they taught these people how to act responsibly they wouldn't BE dependent on the government anymore, and we wouldn't need all the bereaucrats we have now. Instead the just keep spending more money. For example I live in a rural Montana town of 11000 people(which is good sized for Montana) and we are getting a Free Bus System with our stimulus money. I am just waiting because once that Stimulus money is gone who is going to pay for it?

[Gforcefd]

Congress just approved 2 billion more for this program, so its back on wasting money and good used car parts.

[batstiva]

^^ If only they could move as fast saving money as they do spending it, eh?

[freshtiva]

Wait till we have national health care. Cash for Clunkers never really applied to Festiva owners. The whole idea was for people to trade in there old clunkers for newer cars that get better gas mileage. Yeah right. I think the amount you got towards the purchase of the new car depended on the mileage of the old car Vs the new car. Festiva owners would probably have to pay extra. Also heard the auto salvage people were up in arms because it was going to hurt their business as the trade in were to be destroyed.

[batstiva]

Went to the govt. website, and read the law. All it says is the trade in must be crushed/shredded within a time period specified by the USDOT. Apparently, everything except the engine can be parted out. The only thing is, that has to happen within what ever limited amount of time USDOT decides. No idea what the time limit is between sale-trade in, and destruction. Assuming a j/y could still pull and store whatever they wanted, as long as whatever is left is crushed within the time limit.

Having said all that, the whole thing just seems like a huge waste of my tax dollars, and I wonder how many of those people rushing in to trade their junkers can actually afford the payment on the new car? Let's face it, most people who drive old "clunker" drive 'em because they can't afford a car payment. Really wonder how many of the sold cars will end up being repoed in a few months?

[miami man]

i am mad, my 1991 dodge spirit and mazda 323 and 95 geo metro do not qualify

[Damkid]

This law is bull s..... stupid, they just want people to spend more money on new cars, meaning more tax money they get, greedy...... i'll save that sentence for the arena

[chrisofna]

http://jalopnik.com/5327212/minis-snarky-cash-for-clunkers-bumper-sticker-is-awesome

I want this bumper sticker. I hate this Cash for Cluckers thing so bad, so many decent cars destroyed.

[Damkid]

^^That is a good one :lol: