This is how a Cash for Clunkers car is destroyed. Now think of what this will do to the low end used car market. People who depend on these low end vehicles to get around will no longer be able to afford transportation. Socialism at work.
People who depend on these low end vehicles to get around will no longer be able to afford transportation.
Success, comrade! Good citizens shoul be using public transportation.
Bob Smith · August 1, 2009 10:12 PM
What's worse is that they're high MPG vehicles, in other words, a lot of them are pick-ups and SUVs.
Exactly the type of vehicle someone might buy as a second or third vehicle to start a business or just some guy who wants to be a handiman.
$5-$7K trucks are a hot item on the used car market. Now they're going to be more expensive.
I loved the way everybody was saying how great this worked (talkiing heads) because it ran out of money so quickly.
So in other words, they threw a $billion away to destroy items with intrinsic worth (running vehicles).
Veeshir · August 1, 2009 11:25 PM
There are so many clunkers that those destroyed by this program won't drive the prices up.
But if they extend the program repeatedly that is another matter.
Even so, I think it is not a good program for other reasons.
Too bad this showed an Aurora. Those were actually a semi-luxury model and had some nice features. (Well, semi-luxury as GM defined it.)
Anyway, at 240,000 miles someone got the value out of it.
K · August 1, 2009 11:53 PM
This was just another stimulus package, it had nothing to do with the environment.
If the lawmakers could have found a "reasonable" way to make it apply to only Chrysler and GM vehicles, they would have cheerfully done so... but even they are blinded by the "fairness" and "equality" they think we all want.
The Anti-Idiotarian Rottweiler
Don?t bang your head!
People who depend on these low end vehicles to get around will no longer be able to afford transportation.
Success, comrade! Good citizens shoul be using public transportation.