Comments on: Cashing in on Clunkers http://pjmedia.com/blog/cashing-in-on-clunkers/ Wed, 15 Feb 2012 15:33:51 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: karenc http://pjmedia.com/blog/cashing-in-on-clunkers/#comment-366676 karenc Tue, 04 Aug 2009 23:29:42 +0000 http://pajamasmedia.com/?p=63027#comment-366676 Many vehicles won't qualify for a voucher because of all the restrictions. In those cases, charity car donation is a good option. the donor gets a tax deduction and the charity gets the proceeds from the sale of the car. Many vehicles won’t qualify for a voucher because of all the restrictions. In those cases, charity car donation is a good option. the donor gets a tax deduction and the charity gets the proceeds from the sale of the car.

]]> By: JED http://pjmedia.com/blog/cashing-in-on-clunkers/#comment-366051 JED Mon, 03 Aug 2009 23:26:43 +0000 http://pajamasmedia.com/?p=63027#comment-366051 How many jobs did this give-away create? Are the assembly lines rolling again or did they just reduce the surplus population of unsold cars? My tax money went to help someone purchase an econ-car? Was that government mandated generosity on my behalf? How many jobs did this give-away create? Are the assembly lines rolling again or did they just reduce the surplus population of unsold cars?
My tax money went to help someone purchase an econ-car? Was that government mandated generosity on my behalf?

]]> By: Jim Baker http://pjmedia.com/blog/cashing-in-on-clunkers/#comment-365996 Jim Baker Mon, 03 Aug 2009 20:50:56 +0000 http://pajamasmedia.com/?p=63027#comment-365996 Can you believe that, after 5 months to set up this program, the government can't even keep track of who got the first billion dollars for their clunkers. Sheesh. Wait until we get the health care program. Can you believe that, after 5 months to set up this program, the government can’t even keep track of who got the first billion dollars for their clunkers. Sheesh. Wait until we get the health care program.

]]> By: TexEd http://pjmedia.com/blog/cashing-in-on-clunkers/#comment-365995 TexEd Mon, 03 Aug 2009 20:50:38 +0000 http://pajamasmedia.com/?p=63027#comment-365995 I don't understand the economics of this. The gov't is subsidizing by $4,500 the purchase of one of a certain group of new cars but only for an owner of a certain group of old cars. How does that subsidy effect the dealer's price? Does the dealer offer the lowest possible price or does he say he'll take $500 of the subsidy by, say, adding $500 worth of dealer installed options? Then, where do the administrative costs of the program come from and have they already been "given" to Murtha's nephew or Biden's son. If we assume that all clunker's will be destroyed, who will pay to park/store the clunker from the time it is purchased to the time it is trucked away? Who will pay for the shipping from the clunker lot to the destruction point? Who will pay for the destruction? And, who will pay the costs of all associated paper work? There is a LOT of room for pieces of our 1, 2 or 3 billion dollars to grease a lot of the friends/relatives of Congressional democrats or Chicago criminals! Can you see the profit potential or relocating trucks loads of clunkers to Mexico where, with new paperwork, they could be sold at a nice profit? After all, the crooks (see above) could acquire that inventory at almost no cost. And, what does this do to the used car industry in the US. Does AutoNation still exist? I don’t understand the economics of this. The gov’t is subsidizing by $4,500 the purchase of one of a certain group of new cars but only for an owner of a certain group of old cars. How does that subsidy effect the dealer’s price? Does the dealer offer the lowest possible price or does he say he’ll take $500 of the subsidy by, say, adding $500 worth of dealer installed options?
Then, where do the administrative costs of the program come from and have they already been “given” to Murtha’s nephew or Biden’s son.
If we assume that all clunker’s will be destroyed, who will pay to park/store the clunker from the time it is purchased to the time it is trucked away? Who will pay for the shipping from the clunker lot to the destruction point? Who will pay for the destruction? And, who will pay the costs of all associated paper work? There is a LOT of room for pieces of our 1, 2 or 3 billion dollars to grease a lot of the friends/relatives of Congressional democrats or Chicago criminals!
Can you see the profit potential or relocating trucks loads of clunkers to Mexico where, with new paperwork, they could be sold at a nice profit? After all, the crooks (see above) could acquire that inventory at almost no cost.
And, what does this do to the used car industry in the US. Does AutoNation still exist?

]]> By: Paul -Indiana http://pjmedia.com/blog/cashing-in-on-clunkers/#comment-365851 Paul -Indiana Mon, 03 Aug 2009 16:51:01 +0000 http://pajamasmedia.com/?p=63027#comment-365851 I can hardly wait until GM starts turning out those green cars designed by commitee. The only ones who will drive them are the true believers. They will be self-identifying. I can hardly wait until GM starts turning out those green cars designed by commitee. The only ones who will drive them are the true believers. They will be self-identifying.

]]> By: Rose21 http://pjmedia.com/blog/cashing-in-on-clunkers/#comment-365815 Rose21 Mon, 03 Aug 2009 15:24:43 +0000 http://pajamasmedia.com/?p=63027#comment-365815 Surely after this car-buying blitz is over the industry will be facing a serious slump. Surely after this car-buying blitz is over the industry will be facing a serious slump.

]]> By: vivo http://pjmedia.com/blog/cashing-in-on-clunkers/#comment-365717 vivo Mon, 03 Aug 2009 11:36:30 +0000 http://pajamasmedia.com/?p=63027#comment-365717 21. David: "But requiring the cars traded in to be destroyed is disgraceful. 250,000 working vehicles that could have been sold, or given away, to people who could use them," Wasn't the objective to reduce oil dependence? 21. David:

“But requiring the cars traded in to be destroyed is disgraceful. 250,000 working vehicles that could have been sold, or given away, to people who could use them,”

Wasn’t the objective to reduce oil dependence?

]]> By: vech http://pjmedia.com/blog/cashing-in-on-clunkers/#comment-365627 vech Mon, 03 Aug 2009 03:16:57 +0000 http://pajamasmedia.com/?p=63027#comment-365627 Now and Then: What the hell is good about the government buying 250,000 cars? Only a liberal would say that's a good thing. Government needs to stay out of the private sector. You lost your credibility when you continue to spread the Palin/todd divorce rumor. Only God knows where you get your information. Now and Then: What the hell is good about the government buying 250,000 cars? Only a liberal would say that’s a good thing. Government needs to stay out of the private sector. You lost your credibility when you continue to spread the Palin/todd divorce rumor. Only God knows where you get your information.

]]> By: Blackwater http://pjmedia.com/blog/cashing-in-on-clunkers/#comment-365624 Blackwater Mon, 03 Aug 2009 02:49:27 +0000 http://pajamasmedia.com/?p=63027#comment-365624 Looks like they took the 2010 Camaro off the list. Dang. I might have brought one if it was still included. Looks like they took the 2010 Camaro off the list. Dang. I might have brought one if it was still included.

]]> By: AThinkingPerson http://pjmedia.com/blog/cashing-in-on-clunkers/#comment-365611 AThinkingPerson Mon, 03 Aug 2009 02:13:50 +0000 http://pajamasmedia.com/?p=63027#comment-365611 Here's the "genius" of Obama's cash for clunkers. Progess? http://www.youtube.com/watch?v=waj2KrKYTZo Here’s the “genius” of Obama’s cash for clunkers. Progess?

http://www.youtube.com/watch?v=waj2KrKYTZo

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