This is how the Government decided to kill off cars being turned in for the Cash for Clunkers program:
Personally, I think this is a waste. Many bad cars are going to continue to run the roads, while many still decent cars get the treatment you see above. Me, I still have my 1994 BMW 325i and given that the car does not qualify for the treatment above (not that I would permit such a thing to happen to it) if I decide to replace it, it will most likely be with a newer-used car.
Anyway, why does this program require you to but a new car? Why require the purchase of any car at all? If a person were to turn in their old gas-guzzler and pocket the money instead of buy any car, isn't that even better for the environment? (You can have some requirement that they not purchase any car for a year or forfeit the cash.) Just saying.
2 comments:
Read this article: The Real Reason for the "Cash for Clunkers" Suspension. The ex car salesman blog shares exactly why they stopped the program. Even reports that some sales managers are calling asking for the money back because they were denied the rebate when the final paperwork was submitted but their car was already ruined by dumping a solution in the engine. They now have no car. Scary. See: http://tinyurl.com/ml9sdo
I firmly believe the required purchase is another step in the "stimulus" direction. Trying to help our friends the automakers out.
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