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I was helping my mother in law buy a car for the past few weeks and saw some of the 'clunkers' that were being traded in, some of which I wouldn't have minded owning, like the Range Rover and Maserati, most of the clunkers were newer and nicer than what my mother in law drives (a 17 year old Eagle Wagon) but her's wasn't eligible for the program (22MPG). I get the idea most of the people could probably afford their new cars.
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