One of the worst programs CASH FOR CLUNKERS..
 

DO you agree or disagree?

Agree, now there are a half million less cars for low end buyers to choose from.

C4C is one of the few Obama programs I like.

It got alot of polluters off the road.

But, it was poorly executed. Many car dealers dropped out when they failed to get paid by the government.

I think if their was a box for donations to fund a program like cash for clunkers it would have never happened.

Federal politicians shouldnt be allowed to spend a dime, let the states decide their own fate.

I think it was a good program. There was no money spend until an actual sale was made (as opposed to just giving money out in hopes that they will invest/spend it) and it got a lot of old, low mileage polluting cars off the streets. If it had a problem it was that they underestimated how popular it was and they were not ready for the wave of applications.

I would have liked to see the money spread around more to include people who aren't thinking of purchasing a car at this time but I suppose if that was done, the individual recipients would not receive much.

I just hope that it helps the dealers and parts companies who were viable to begin with hold out a little longer until the real business picks up again.

Excellent program, it worked just as intended, though much quicker than expected. Dealer paperwork should've been easier, but that's just typical government program stuff.

Anything that keeps the wheel turning is good.

It has maybe just been a month? How do you figure that they haven't received payment yet? Who knows if paperwork wasn't filled out right? Or what the issues were if any?

You have to figure that there were almost 700k cars that went though that program. It will take more then a day to get payment for it. When people go in finance a car through a bank...do you think they get a check in a hour? Or maybe with in the next month?

I guess it depends on whom you ask. I have heard that some people were able to pick up some real nice deals as a result of C4C

LIES they are going to get paid. Do you get paid the same day you work? Um no. Unles someone is a prostitute they do, otherwise no. In 6 months if they still haven't gotten paid THEN you can talk trash.

The whole point was to get polluting cars off the road. Which in the end is better for everyone including poor ass motherfuckers. Ask all the dealers if it was bad. Ask all the customers that got $4500 off a new car if it was bad. Ask all the workers in the car factories if it was bad. Ask the workers in the plants that supply parts for the cars if it was bad. Ask the local stores and restaurants in the communities where these factories are that got more paying customers in because people actually had a job and money to spend if it was bad.

you are one of the biggest fucking retards on this board.

let me help you with some basic business 101 type stuff..

1) you have a business in distress

2) the government offers a program to pay 4500.00 or whatever for cars

3) the DEALER (the business in distress) fronts the cash

4) the dealer is now out the money and needs to be reimbursed

5) the DEALER continues every day pouring money out the door in this manner

6) you can only lose money for so long, before you're fucked (unless your a liberal jackass that seems to think that money is just "that stuff you get to print unlimited quantities of, while selling treasury notes to the chinese")


anything you do understand about that you fucking idiot?

Do you think new car dealers pay upfront for their inventory?

most dealers bitching about payment delays were about to go out of business anyways, every dealer around here managed to have plenty of cash/credit to float themselves the needed 20-30 days and that was before gm and a few other car companies began offering the dealers the 4500 in credit per car so they would not be out of pocket anything while waiting to be paid. dealers also started letting them sell cars not currently in stock to boot.
money wise it also was not under funded. it originally was mostly an environmental program that was quickly hijacked as a stimulus program when it really took off. it also was clearly stated early on that the program was to last until a set date or until funds ran out. that right there shows that there is no possible way it did not have enough money. they just added more due to public demand and the programs crazy success.
nobody also expected it to help with employment issues either but it did with everyone from automakers to dealers hiring back people.
have no issue with the lack of used cars that will be available in the future. do wish they would of allowed even older cars to have been traded in though. many older cars are much worse than the cars from the years that were allowed. i do have issue with how they disposed of the cars. seizing the engine up was fine with me and it does insure the car will not run anymore thus thrashing it. however i do wish they then would of allowed junkyards to disassemble the cars taking whatever was still good or usable part wise and recycling/reusing it.

cashed in my old clunker truck (value, maybe 1200) got $3500 no questions asked. I stripped the truck before taking it in.. Bed liner, Shell, Door panels, seats, radio etc.. should fetch another 2500 - 3000 on ebay

Love my new truck.

Clunkers, was just a perfect opportunity .. in my case

with no payments to a new car with payments with higher payments with high car insurance..!

It made car salesmen rich and people buy cars they couldn't afford

get ready for the 2nd crash, car repossession

Now not only will they not have houses but no cars either.. sweet

I think it went pretty well and did what it was supposed to do. It's one of those thing that Obama could win either way.

Either the haters bitch and moan because the Auto Industry is gonna go broke and car dealerships are closing left and right.. or you pump some money into it that helps both consumers and the industry. Of course the very same people whom bitch today, probably didn't bitch when George Bush wad giving the $50k tax credit to buy a Hummer, because of that loop hole..

Think about it.. How often do you see govt programs that actually help the tax payers and big business?

Crazy Al don't need no damn government program!



https://youtube.com/watch?v=oETZdmTg5Gk

I dont think it was executed well at all and will cause nothing but problems down the road.

I think a lot of these dealerships will get fucked for the rebates. There was pretty strict criteria that you had to meet to get the $4500 rebate but some dealerships were just giving them out to anyone.

There was a lot of shaddy dealerships taking advantage of people who should probably not be buying a car in the first place. I believe it was on the local news here or in the paper that a man bought a car from a used car dealership and the dealer told him that HE would get the rebate from the gov't. This kinda shit pisses me off when greedy slim ball car dealership fucks take people for more than they should.

Plus Im sure there is some fine print that if the dealer does not get the rebate then they can come after you for it. It wasnt just Toyota, Ford, GM, etc, but every little used car dealership using this as an advertising ploy as well.

As well, there are a lot of people that should not be buying a new car but got the loans because the gov't is trying to stimulate the economy. when people hear of a "deal" like this they love to jump on it thinking if they dont take advantage, they will loose out forever.

Likewise, now they are offering a "cash for clunkers appliance" program?? I can only see what Home Depot will do with this...

do not agree with a lot you wrote. also figure any dealers who were fucking people and giving them false information had nothing to do with the program and those dealers should and many will end up in small claims.

the appliance version is more just like a rebate program but u.s. wide. it will require no trade in's like the cars program either. problem will be is many consumers may not budge on it. they have already been offered numerous rebates and such to move product and they have not worked. for many fifty to two hundred and fifty bucks just is not enough incentive to have people buy one or more major appliances for the kitchen.
i know i will take advantage of it for both a fridge and a dishwasher. just not sure on the oven yet. we have gas and well no way will i go electric and not sure about energy savings. will also be curious if we will be able to combine this program with rebates available through local utility companies as well as large companies like pge. i was already set to buy using both city utility and pge, but now will hold off.

anyone here use the house program yet, guess that would be cash for houses. well technically not since the cash for ... programs are environment ones and the house one has no energy savings.

:1orglaugh:1orglaugh:1orglaugh

I would say that would qualify as :

" fucking themselves " ....

Im more concerned about the clunker themselves sitting in the dealers parking lot.

http://www.time.com/time/business/ar...914367,00.html

And who do you expect to buy those parts if they are all trading in their crap trucks? :1orglaugh

yeah, that's what I was thinking... :)

There are plenty of older used cars still on the road.

what does that have to do with dealers paying people 4500.00 for their piece of shit car or or the program itself have to do with traditional business models?

(hint)
... nothing

thanks for playing.

GM is giving the dealerships the cash and waiting for the govt. Others will have to follow.

Dead on sir, I couldn't agree more. The government has no authority to use tax dollars like this.

Not to mention do you know that it's required that they completely fucking crush the cars.... every part of them? What about recycling some of the parts?! They could be used to improve the clunkers that are still on the road...

On top of that with the dealerships not getting their money. GM has started reimbursing directly rather than having to wait... Oh big surprise, since they can guarantee their own money and it's coming out of tax payers pockets already let's create an unfair advantage for a car manufacturer that's government owned operating in the private sector! Fucking Fascist through and through...

yes it is for rich bastards :D

oh yes the government does have such authority to offer such rebates, tax savings, and so forth. this was also an environmental program originally anyways. nobody bitched much though when bush had the hummer tax credit program.

did you know that you are completely wrong? they do not have to crush the cars nor every part of them. they have to sieze the engine up making that unusable, mostly done with using a glass additive poured into the tank. they then can junk the car, where the junkyard can do whatever it wants with the cars. all of the usable parts may be recycled. only downside is most of the cars value is in the engine and the siezing often ruins others additional parts. however they can use up all the parts, air bags, lamps, so forth.

everyone also will get their money and it will happen fast with the program now over. having them have to wait net 30 or net 60 is far from crazy. added with that many makers also fronted the rebate as an instant rebate during the last few weeks of the program. as i have said along with many others. if the dealers could not survive without the cash from the government for 30-60 days then they were about to go bankrupt anyways. not to mention they are not even required to pay for the cars in advance, they have good grace periods themselves.
the evil program also just announced they are extending the deadline for paperwork for the dealers to give the slackers a extra chance to get any extra paperwork filed with them. this really shows they want to make sure everyone is paid.

Here's what it has to do with it...

The Cash for Clunkers rebate was a CREDIT (read: C-R-E-D-I-T) toward the purchase of a new vehicle. That doesn't mean you buy the car at regular price and the dealer hands you $4500 in cash. That means that you buy the car at regular price MINUS $4500. The dealer did not front you the cash. The dealer did not pay upfront for the car, it's generally financed through a variety of floorplanning programs. And unless they are required to pay the finance company for each car they sell at the time of sale, then they are not out anything other than the difference in the financing interest from when they COULD'VE paid to when they DO pay. And I guarantee that few dealers pay their floorplanner back car by car by car anyway.

That's "what does that have to do with dealers paying people 4500.00 for their piece of shit car or or the program itself have to do with traditional business models."

Thank YOU for playing.

Dealers....

I think it was good for the dealers/automakers and consumers. That being said, I kept my gas guzzling, V8 clunkers. I enjoy blowing by those hybrids with my oil burning fumes coming out of the tail pipe