Comments on: Cash For Clunkers Rebate Program Might Save You Money On Your Next New Car Purchase. But Is It A Good Idea?

By: Michelle

Michelle — Thu, 20 Aug 2009 11:50:41 +0000

We are experiencing the exact same circumstances…trying to buy a honda and trade in a 99 suburban 4×4. Please let us know if it goes through for you…

By: Kick Your Tires, Not Yourself: Do it yourself car transaction can save you thousands

Wed, 19 Aug 2009 10:23:21 +0000

[...] if you are planning to trade your old car for a newer used car, you can save thousands of dollars by doing it yourself instead of using a dealer. The reason is [...]

By: Tony H

Tony H — Mon, 17 Aug 2009 22:30:40 +0000

I think it is a joke. I have a 1999 Chevrolet Suburban 1500 4wd. Meets the weight requirement, documentation requirements. Have been back and forth for almost a month now. Fuel Economy is claiming the hangup is the “curb weight” that is over 6000 lbs. This would make it a Class 3 vehicle. But where does any advertisement mention must meet “Curb Weight”. Ok all I wanted to do was trade the gas guzzler for ha Honda. I don’t need a truck! Come on, they say they are trying to get the gas guzzlers off the road and give an incentive? Why is it so hard? A trade-in would not get me $4500 thats for sure. These agencies dont have the time to address the real issues at hand. Rack another one for the GOVERNMENT.

By: M. Andino

M. Andino — Sun, 26 Jul 2009 21:24:53 +0000

Greetings:
My vehicle was manufactured 0n 05-84 (May 1984), does it qualifies for trade-in?

Thanks for your prompt reply.

By: Chad Dolly

Chad Dolly — Thu, 16 Jul 2009 21:22:50 +0000

This is the dumbest thing Obama has signed yet. Encouraging people to take on debt to buy a new car. I drive a 93 Buick Park Ave with 250,000 miles and even I get more than 18 miles per gallon so my car wouldnt qualify. Only vehicles that will qualify are gas guzzling SUV’s owned by people who can afford to get less than 18 miles per gallon. This law helps no one but the rich.

By: Carrie

Carrie — Thu, 16 Jul 2009 20:39:24 +0000

i think 22mpg is still unacceptably low for a new car. i don’t want the government spending my tax dollars to encourage the purchase of those cars. if it was say 35 or better or 30 or better even i’d be ok with it.
Carrie´s last blog ..23 Basic Budgeting Resources

By: John

John — Sun, 12 Jul 2009 22:33:15 +0000

I think the cash for clunkers idea is great. I happen to own two qualifying vehicles (a 1994 Ford Explorer and a 1999 Caddy Escalade) and together they are worth less than $4,500. The fuel economy I am looking at is 13 to 37 mpg above my current experience depending on whether I choose a Toyota RAV4, a Mercury Mariner hybrid or a Toyota Prius as my new car.

In the case of the Mercury Mariner hybrid there would be both the credit for the hybrid ($1,950 or $3,000 depending on whether it is a 2WD or an AWD).

So, clearly the idea is bad for the other guys who posted here but not necessarily for everyone!

By: Cash for Clunkers: Is It Worth It? | My Life ROI, Getting the Best Return On Life

Thu, 02 Jul 2009 05:46:47 +0000

[...] program over the past few days. Bible Money Matters wrote an article that goes over all of the details of the cash for clunkers program very [...]

By: * Cash For Clunkers, Get Money For Your Gas Guzzler

* Cash For Clunkers, Get Money For Your Gas Guzzler — Sat, 27 Jun 2009 19:36:49 +0000

[...] for your clunker stimulus bill at Christian Personal FinanceCash for Clunkers Program at Frugal DadCash For Clunkers Rebate Program Might Save You Money On Your Next New Car Purchase. But Is It A Goo… at Bible Money Matters“Cash for clunkers” bill passed by Congress – what does it [...]

By: Patrick

Patrick — Wed, 24 Jun 2009 16:51:57 +0000

I'm not a fan of this bill either. I don't see how this is going to help many people. A lot of people who own qualifying vehicles either aren't in a position to trade them in, or don't have the desire to take on payments. Additionally, the fuel increases are not large enough to make a substantial change in our fuel consumption. This was designed for the auto companies and not the environment, as many politicians claim. Patricks last blog post..Cash for Clunkers Bill