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Old 08-21-2009, 01:09 PM  
Houdini
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Join Date: Dec 2001
Location: SoCal
Posts: 1,651
Quote:
Originally Posted by potter View Post
You don't only get the 4,500. If you trade in a car worth 10k, and it meets the CFC reqs. It's trade-in would be 14,500.



If you traded in a car valued at 10k trade-in. You're not going to LOOSE 5.5k dollars.
If you get the cash for clunkers deal, the dealers have to scrap your car. That's the entire point of the program, to get inefficient cars off the road. Why would dealers pay 10K for a trade-in that they have to scrap? 4.5K is the entire trade-in value.
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