Cash for Clunkers Success

[dellinger63]

Top ten models sold

1: Ford Focus

2: Toyota Corolla

3: Honda Civic

4: Toyota Prius

5: Toyota Camry

6: Ford Escape

7: Hyundai Elantra

8: Dodge Caliber

9: Honda Fit

10: Chevrolet Cobalt

[via CNN Money]

So the program is a success? How? We spent billions to bail out GM and they have one model on the list ranked 10th. We then spend $3 billion to increase sales and Toyota and Honda dominate. Those people who were in the market for a new car no longer are and won't be for at least 5 years. But then the top ten clunkers turned in are ALL American made and of course means less service work for American dealers. Then the clunkers turned in are handed over at least in Chicago to mob controlled outfits to be parted out and scraped. So where's the success? Riot?

Ford F-Series
Ford Explorer
Chevrolet C/K/Silverado
Jeep Grand Cherokee
Dodge Ram
Chevrolet Blazer
Jeep Cherokee
Dodge Grand Caravan
Dodge Dakota
Ford Ranger

[Danzig]

Originally Posted by dellinger63

Top ten models sold

1: Ford Focus

2: Toyota Corolla

3: Honda Civic

4: Toyota Prius

5: Toyota Camry

6: Ford Escape

7: Hyundai Elantra

8: Dodge Caliber

9: Honda Fit

10: Chevrolet Cobalt

[via CNN Money]

So the program is a success? How? We spent billions to bail out GM and they have one model on the list ranked 10th. We then spend $3 billion to increase sales and Toyota and Honda dominate. Those people who were in the market for a new car no longer are and won't be for at least 5 years. But then the top ten clunkers turned in are ALL American made and of course means less service work for American dealers. Then the clunkers turned in are handed over at least in Chicago to mob controlled outfits to be parted out and scraped. So where's the success? Riot?

Ford F-Series
Ford Explorer
Chevrolet C/K/Silverado
Jeep Grand Cherokee
Dodge Ram
Chevrolet Blazer
Jeep Cherokee
Dodge Grand Caravan
Dodge Dakota
Ford Ranger

the govt continues to overstep its bounds with programs like this. again, is the money made from the sales of these cars worth the cost to the american taxpayer? are programs like these paying off in the end? or does it do more harm than good because of the cost incurred? oh, but wait...it's govt money, it's free!

[Riot]

>> We spent billions to bail out GM and they have one model on the list >>ranked 10th. We then spend $3 billion to increase sales and Toyota and >>Honda dominate.

Damn the American public on their selection choices! Didn't they know they were supposed to buy only crappy cars that get poor gas mileage, even if those cars didn't qualify for the program?

>> But then the top ten clunkers turned in are ALL American made and of course means less service work for American dealers.

Shocking! Gosh darn it - we are Americans, it is our patriotic duty to continue buying crappy clunkers that cost us tons of money in exorbitant gasoline costs, and break down constantly, just to support the car dealers that sell such crap in the first place!

Americans - give them a little freedom to choose, and look what they do with it.

[dellinger63]

Originally Posted by Riot

>> We spent billions to bail out GM and they have one model on the list >>ranked 10th. We then spend $3 billion to increase sales and Toyota and >>Honda dominate.

Damn the American public on their selection choices! Didn't they know they were supposed to buy only crappy cars that get poor gas mileage, even if those cars didn't qualify for the program?

>> But then the top ten clunkers turned in are ALL American made and of course means less service work for American dealers.

Shocking! Gosh darn it - we are Americans, it is our patriotic duty to continue buying crappy clunkers that cost us tons of money in exorbitant gasoline costs, and break down constantly, just to support the car dealers that sell such crap in the first place!

Americans - give them a little freedom to choose, and look what they do with it.

Look I'm not faulting the American public at all just this insanely stupid plan. By the way I drive a Hyundai 4WD Sportage and love it. My point is this plan backfired big time!!!

[dellinger63]

Originally Posted by Riot

>>, just to support the car dealers that sell such crap in the first place!
Americans - give them a little freedom to choose, and look what they do with it.

No this Administration did that. The average Joe six pack is far wiser than to be buying crap.

[Riot]

Originally Posted by dellinger63

Look I'm not faulting the American public at all just this insanely stupid plan. By the way I drive a Hyundai 4WD Sportage and love it. My point is this plan backfired big time!!!

Backfired big time? How? You didn't even support GM and buy a GM car! How the hell do you think GM got to needing a bailout - due to people like you that bought FOREIGN over AMERICAN!

[Riot]

Originally Posted by dellinger63

No this Administration did that. The average Joe six pack is far wiser than to be buying crap.

Yeah, and you're getting really angry over the average Joe sixpack doing exactly that, posting the cars they DID buy

So if you and average Joe sixpack are far wiser than to be buying crappy cars, how is this plan a failure, based upon what YOU posted about why it was a failure?

[SCUDSBROTHER]

Originally Posted by dellinger63

Look I'm not faulting the American public at all just this insanely stupid plan. By the way I drive a Hyundai 4WD Sportage and love it. My point is this plan backfired big time!!!

Any possible way to cut down on the amount of gasoline used by Americans is a big success. Right away, these people will be giving less money to the Muslim Scum that fund terror groups. That $5-$10/ tank of gas (that will be left in their wallets) will be spent on something other than paying Muslim Scum in white robes. It's brilliant, and I am not surprised that many Americans are too dense to see it.

[dellinger63]

Originally Posted by Riot

Backfired big time? How? You didn't even support GM and buy a GM car! How the hell do you think GM got to needing a bailout - due to people like you that bought FOREIGN over AMERICAN!

You answered the question yourself. GM needed a bailout because they make inferior cars and trucks or crap as you put it. People like me don't like crap. So the President using 'our' money bails out the company making crap, then comes up with a plan to help sell more cars and their competition gets more than the lion's share of 'our' money. GM loses twice both in service work and sales which may have gone to them if a $4500 incentive wasn't there to buy a more expensive Honda or Toyota. Cause some people will buy crap if it's the only thing they can afford.

One point that is missed in all of this are the charitable companies that take 'clunkers' in for a donation, (tax deduction) fix them up and provide them back to people who can't afford a new car with the money made going to charitable causes. It's really not that hard to understand now is it?

Maybe I'm forgetting the hole Hope thing as in you buy a piece of crap and Hope it doesn't break down.

[Danzig]

Originally Posted by SCUDSBROTHER

Any possible way to cut down on the amount of gasoline used by Americans is a big success. Right away, these people will be giving less money to the Muslim Scum that fund terror groups. That $5-$10/ tank of gas (that will be left in their wallets) will be spent on something other than paying Muslim Scum in white robes. It's brilliant, and I am not surprised that many Americans are too dense to see it.

the car companies should have offered the incentive-they could have afforded to do that with their bailout money. now, the govt bails them out, and then offers a rebate on top of it. twice the help at twice the price.

but you're right, anything that takes $ away from those who want to commit acts of terror is a good thing.

[dellinger63]

Originally Posted by Riot

Yeah, and you're getting really angry over the average Joe sixpack doing exactly that, posting the cars they DID buy

So if you and average Joe sixpack are far wiser than to be buying crappy cars, how is this plan a failure, based upon what YOU posted about why it was a failure?

see my last post

[SCUDSBROTHER]

Originally Posted by Danzig

the car companies should have offered the incentive-they could have afforded to do that with their bailout money. now, the govt bails them out, and then offers a rebate on top of it. twice the help at twice the price.

but you're right, anything that takes $ away from those who want to commit acts of terror is a good thing.

Well, even if it's done this way, it's still brilliant. Take a 15 mpg car off the road, and replace it with a 25 mpg car. Use 30,000 miles/year, and say $3.50 a gallon for gas. See what happens in 4 years of use. That's over $10k that will be available to be put back into the economy. Even if it's only the clunker discount amount that is returned into the economy, it's still 5k being kept away from terrorist-supporting Muslims. It's a no-brainer. Muhammad is up there in a full-diaper rage. How dare you cut down on the money the non-believers have to give his loyal followers. It's an outrage.



30,000miles/ 25mpg =[1200gallons] x $3.50/gallon=[$4200/year] x 4years =$16.8k

30,000/15 = [2000] x $3.50=$7000 x 4= $28k

[Riot]

Originally Posted by Danzig

the car companies should have offered the incentive-they could have afforded to do that with their bailout money. now, the govt bails them out, and then offers a rebate on top of it. twice the help at twice the price.

but you're right, anything that takes $ away from those who want to commit acts of terror is a good thing.

??? The bailout money went for bills owed, to keep those companies out of bankruptcy.

It wasn't extra money given to offer customers rebates.

[Riot]

GM loses twice both in service work and sales which may have gone to them if a $4500 incentive wasn't there to buy a more expensive Honda or Toyota. Cause some people will buy crap if it's the only thing they can afford..

So your position is that people should be forced to buy crap?

You should be comforted that the socialist takeover of of the auto companies by our government will result in cars that are fuel-efficient and that sell.

Cash for Clunkers is a resounding success. Car dealers have had their best quarters in years. They are running out of new cars - thus the manufacturers have to gear up production. That creates and keeps jobs (the Taurus is coming back, btw) and spreads throughout all the manufacturing and ancillary segments that supports the auto industry (railroad and OTR transport, plastic companies, steel companies, etc)

Crappy old cars that don't get good gas mileage and cost people alot in repairs (you pointed that out) are off the road in favor of new, more mileage-efficient cars that put more money in the pockets of people that own them, year after year, in lowered gas and repair costs.

I see no reason to get angry, as you did, about people buying cars that will break down less, and cost their owners less money as a result. Gives people alot more money in their pockets to spend and help the economy recover.

And those cars are manufactured in the US, thus providing jobs, jobs, jobs.

And as Scuds pointed out, and a major goal of the clunkers program, was that we use less oil as a country, a very good thing, keeps us less dependent upon foreign oil and keeps the cost down by keeping demand down.

[Riot]

Originally Posted by SCUDSBROTHER

Muhammad is up there in a full-diaper rage. How dare you cut down on the money the non-believers have to give his loyal followers. It's an outrage.

Oil producing countries have always pegged Americans for being huge, "live only for today" spenders whether it's heating our homes or driving our Hummers. They don't believe America could or will ever "green up" (even just as you said, by buying a car that gets 10 mpg more than current) and become less dependent upon buying their oil.

Surprise.

And you are right, Scuds - some of our oil money funds terrorists.

[SCUDSBROTHER]

Originally Posted by Riot

And as Scuds pointed out, and a major goal of the clunkers program, was that we use less oil as a country, a very good thing, keeps us less dependent upon foreign oil and keeps the cost down by keeping demand down.

OMG. How is this not the most important part? Even the most self-centered Americans can eventually be taught to see the upside of giving Muslims $5-$10 less each time they go to fill up. Even if they hate to help the car industry, there's an even more important aspect. I don't know if the other money spent on programs comes back, but whatever is spent on this program starts coming back into the economy in $5-$10 chips (right away.) People can't see this?

[Danzig]

Originally Posted by Riot

??? The bailout money went for bills owed, to keep those companies out of bankruptcy.

It wasn't extra money given to offer customers rebates.

didn't gm declare bankruptcy anyway?

Originally Posted by SCUDSBROTHER

Any possible way to cut down on the amount of gasoline used by Americans is a big success. Right away, these people will be giving less money to the Muslim Scum that fund terror groups. That $5-$10/ tank of gas (that will be left in their wallets) will be spent on something other than paying Muslim Scum in white robes. It's brilliant, and I am not surprised that many Americans are too dense to see it.

Do you believe it will cut down the amount? If so, I've got a bridge I'll sell ya.

[Danzig]

Originally Posted by Riot

So your position is that people should be forced to buy crap?

You should be comforted that the socialist takeover of of the auto companies by our government will result in cars that are fuel-efficient and that sell.

Cash for Clunkers is a resounding success. Car dealers have had their best quarters in years. They are running out of new cars - thus the manufacturers have to gear up production. That creates and keeps jobs (the Taurus is coming back, btw) and spreads throughout all the manufacturing and ancillary segments that supports the auto industry (railroad and OTR transport, plastic companies, steel companies, etc)

Crappy old cars that don't get good gas mileage and cost people alot in repairs (you pointed that out) are off the road in favor of new, more mileage-efficient cars that put more money in the pockets of people that own them, year after year, in lowered gas and repair costs.

I see no reason to get angry, as you did, about people buying cars that will break down less, and cost their owners less money as a result. Gives people alot more money in their pockets to spend and help the economy recover.

And those cars are manufactured in the US, thus providing jobs, jobs, jobs.

And as Scuds pointed out, and a major goal of the clunkers program, was that we use less oil as a country, a very good thing, keeps us less dependent upon foreign oil and keeps the cost down by keeping demand down.

but it's not just clunkers going off the road. i could trade in my four year old car and get a rebate if i found something that got better mileage. as for saving money....my husbands f-250 is paid for, is only five years old with about 55k miles on it-we don't use it much. so, if i got rid of it, and bought a car that cost me 20k but got ten more miles to the gallon--just how many gallons of gas would i have to buy over how many years to pay back the $20k i spent to get a more fuel efficient ride? depending on what you're trading in, maybe it'll be cost effective. but more often than not, it won't be. but it puts sales on the car co's books, so they can pay off a better dividend to their shareholders at the end of the next quarter.

and i won't be getting rid of the truck, it pulls our bass boat when we go fishing.

[herkhorse]

Originally Posted by Danzig

but it's not just clunkers going off the road. i could trade in my four year old car and get a rebate if i found something that got better mileage. as for saving money....my husbands f-250 is paid for, is only five years old with about 55k miles on it-we don't use it much. so, if i got rid of it, and bought a car that cost me 20k but got ten more miles to the gallon--just how many gallons of gas would i have to buy over how many years to pay back the $20k i spent to get a more fuel efficient ride? depending on what you're trading in, maybe it'll be cost effective. but more often than not, it won't be. but it puts sales on the car co's books, so they can pay off a better dividend to their shareholders at the end of the next quarter.

and i won't be getting rid of the truck, it pulls our bass boat when we go fishing.

If your car or truck is worth more than 4500.00, it makes no sense to trade it in for cash for clunkers because that is all you get.