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Cash for Clunkers!!!

Posted: Tue Aug 04, 2009 4:02 pm
by grizzaholic
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Re: Cash for Clunkers!!!

Posted: Tue Aug 04, 2009 4:07 pm
by Wedgebuster
grizzaholic wrote:PFL, you had better get in there and get your free money and trade in your 'sports car' while you can.
No, her's was too old a POS to qualify. Might a give her $700 bucks or so towards a bicycle.

Re: Cash for Clunkers!!!

Posted: Tue Aug 04, 2009 4:09 pm
by TwinTownBisonFan
Wedgebuster wrote:
grizzaholic wrote:PFL, you had better get in there and get your free money and trade in your 'sports car' while you can.
No, her's was too old a POS to qualify. Might a give her $700 bucks or so towards a bicycle.
probably gets too good of gas mileage...

buddy of mine works for a car dealer here in town and says they've been swamped with this... :thumb:

Re: Cash for Clunkers!!!

Posted: Tue Aug 04, 2009 4:11 pm
by Wedgebuster
TwinTownBisonFan wrote:
Wedgebuster wrote:
No, her's was too old a POS to qualify. Might a give her $700 bucks or so towards a bicycle.
probably gets too good of gas mileage...

buddy of mine works for a car dealer here in town and says they've been swamped with this... :thumb:
PT Barnum strikes again!

But, what ever works. With money as tight as it is apparently all of the new buyers will be able to make the payments.

Re: Cash for Clunkers!!!

Posted: Tue Aug 04, 2009 5:49 pm
by AZGrizFan
Yet another government entitlement program has commenced.

Re: Cash for Clunkers!!!

Posted: Tue Aug 04, 2009 6:33 pm
by CID1990
Somehow I just can't shake the thought that this sounds a lot like a smaller version of enticing people to buy things they cannot afford.

Maybe it's just me.

Re: Cash for Clunkers!!!

Posted: Tue Aug 04, 2009 6:42 pm
by Ursus A. Horribilis
CID1990 wrote:Somehow I just can't shake the thought that this sounds a lot like a smaller version of enticing people to buy things they cannot afford.

Maybe it's just me.
Pretty sure it's not just you.

What's cool though is that if some of us get in early enough before a bail out to cover car payments we may get some great deals on some slightly used automobiles. :thumb:

Re: Cash for Clunkers!!!

Posted: Tue Aug 04, 2009 7:53 pm
by UNI88
Ursus A. Horribilis wrote:
CID1990 wrote:Somehow I just can't shake the thought that this sounds a lot like a smaller version of enticing people to buy things they cannot afford.

Maybe it's just me.
Pretty sure it's not just you.

What's cool though is that if some of us get in early enough before a bail out to cover car payments we may get some great deals on some slightly used automobiles. :thumb:
I hadn't thought of that side of the equation. I might want a new car in the future. How long do you think it will be before some of these almost new automobiles are back on the market?

Re: Cash for Clunkers!!!

Posted: Tue Aug 04, 2009 7:54 pm
by AZGrizFan
UNI88 wrote:
Ursus A. Horribilis wrote: Pretty sure it's not just you.

What's cool though is that if some of us get in early enough before a bail out to cover car payments we may get some great deals on some slightly used automobiles. :thumb:
I hadn't thought of that side of the equation. I might want a new car in the future. How long do you think it will be before some of these almost new automobiles are back on the market?
First payment defaults get hooked on about the 45th day. :thumb: :thumb:

Re: Cash for Clunkers!!!

Posted: Tue Aug 04, 2009 8:00 pm
by Ursus A. Horribilis
AZGrizFan wrote:
UNI88 wrote:
I hadn't thought of that side of the equation. I might want a new car in the future. How long do you think it will be before some of these almost new automobiles are back on the market?
First payment defaults get hooked on about the 45th day. :thumb: :thumb:
I'm betting that an honest effort to make payments will last for close to a year and with job losses and so forth there should be a good supply of slightly used cars with 5-10K on them in a year's time.

Re: Cash for Clunkers!!!

Posted: Tue Aug 04, 2009 8:18 pm
by AZGrizFan
Ursus A. Horribilis wrote:
AZGrizFan wrote:
First payment defaults get hooked on about the 45th day. :thumb: :thumb:
I'm betting that an honest effort to make payments will last for close to a year and with job losses and so forth there should be a good supply of slightly used cars with 5-10K on them in a year's time.
Wow. You ARE naive, aren't you? :lol: :lol:

a) 10-15% of these car "owners" won't make the first payment
b) after a year, these cars will have 75-80K miles on them. Guaranteed.

Re: Cash for Clunkers!!!

Posted: Tue Aug 04, 2009 8:33 pm
by AZGrizFan
http://www.msnbc.msn.com/id/32290028/ns ... nvironment
"As a carbon dioxide policy, this is a terribly wasteful thing to do," said Henry Jacoby, a professor of management and co-director of the Joint Program on the Science and Policy of Global Change at MIT. "The amount of carbon you are saving per federal expenditure is very, very small."
These MIT guys are some fart smellers. Ah, but what the fuck do they know, right? :roll: :roll: :roll:

Re: Cash for Clunkers!!!

Posted: Wed Aug 05, 2009 5:12 am
by Cap'n Cat
Cap'n Cat does not disagree with Z and CID in this, however, will take a wait and see attitude because He is much too intelligent to kneejerk like those azzholes.

Re: Cash for Clunkers!!!

Posted: Wed Aug 05, 2009 6:34 am
by Col Hogan
Cap'n Cat wrote:Cap'n Cat does not disagree with Z and CID in this, however, will take a wait and see attitude because He is much too intelligent to kneejerk like those azzholes.
Nice waffle.....you just hate saying Z is correct... :mrgreen:

Re: Cash for Clunkers!!!

Posted: Wed Aug 05, 2009 6:45 am
by Wedgebuster
So Z, are you saying that these folks are being given loans without collateral, without proof of employment, and/or without regard to application information and credit score??

:coffee:

Re: Cash for Clunkers!!!

Posted: Wed Aug 05, 2009 7:23 am
by dbackjon
Wedgebuster wrote:So Z, are you saying that these folks are being given loans without collateral, without proof of employment, and/or without regard to application information and credit score??

:coffee:
Nah, that is what Credit Unions are for.

Re: Cash for Clunkers!!!

Posted: Wed Aug 05, 2009 7:27 am
by polsongrizz
dbackjon wrote:
Wedgebuster wrote:So Z, are you saying that these folks are being given loans without collateral, without proof of employment, and/or without regard to application information and credit score??

:coffee:
Nah, that is what Credit Unions are for.
:rofl: :rofl:

Re: Cash for Clunkers!!!

Posted: Wed Aug 05, 2009 8:21 am
by Cap'n Cat
Col Hogan wrote:
Cap'n Cat wrote:Cap'n Cat does not disagree with Z and CID in this, however, will take a wait and see attitude because He is much too intelligent to kneejerk like those azzholes.
Nice waffle.....you just hate saying Z is correct... :mrgreen:
Humorous waffle, to be clear. Hey, Myself and D1B are the only fvckers here who give credit when an antagonist has a good point. The rest of us, Conk and Donk, haven't that ability, including you, Merle.

:nod:

Re: Cash for Clunkers!!!

Posted: Wed Aug 05, 2009 8:24 am
by Ursus A. Horribilis
Cap'n Cat wrote:
Col Hogan wrote:
Nice waffle.....you just hate saying Z is correct... :mrgreen:
Humorous waffle, to be clear. Hey, Myself and D1B are the only fvckers here who give credit when an antagonist has a good point. The rest of us, Conk and Donk, haven't that ability, including you, Merle.

:nod:
No you're not. I do it, UNI88 does it, even Appaholic does it to a lesser extent.

Re: Cash for Clunkers!!!

Posted: Wed Aug 05, 2009 8:31 am
by Cap'n Cat
Ursus A. Horribilis wrote:
Cap'n Cat wrote:
Humorous waffle, to be clear. Hey, Myself and D1B are the only fvckers here who give credit when an antagonist has a good point. The rest of us, Conk and Donk, haven't that ability, including you, Merle.

:nod:
No you're not. I do it, UNI88 does it, even Appaholic does it to a lesser extent.
Fvck you, and what did I tell you about contradictin' me in front of my friends?

But, I'll grant it to you, nonetheless, and rephrase: D1B and I give credit, by far, the most frequently on this board.


:roll: :roll: :roll: :roll: :roll: :roll:

Re: Cash for Clunkers!!!

Posted: Wed Aug 05, 2009 8:46 am
by TwinTownBisonFan
AZGrizFan wrote:
Ursus A. Horribilis wrote: I'm betting that an honest effort to make payments will last for close to a year and with job losses and so forth there should be a good supply of slightly used cars with 5-10K on them in a year's time.
Wow. You ARE naive, aren't you? :lol: :lol:

a) 10-15% of these car "owners" won't make the first payment
b) after a year, these cars will have 75-80K miles on them. Guaranteed.
point A is largely accurate... however, that was the case before and will be the case after the program... the only thing this program really changes is 1) getting people to turn in their 1988 conversion van and 1994 suburban for a fuel efficient vehicle and 2) by putting 4500 toward their purchase, may lower their monthly payments to where they are sustainable for more people.

if you want to have a discussion about foolish lending practices - that's a largely separate topic that exists well outside this program

Re: Cash for Clunkers!!!

Posted: Wed Aug 05, 2009 8:50 am
by Cap'n Cat
TwinTownBisonFan wrote:
AZGrizFan wrote:
Wow. You ARE naive, aren't you? :lol: :lol:

a) 10-15% of these car "owners" won't make the first payment
b) after a year, these cars will have 75-80K miles on them. Guaranteed.
point A is largely accurate... however, that was the case before and will be the case after the program... the only thing this program really changes is 1) getting people to turn in their 1988 conversion van and 1994 suburban for a fuel efficient vehicle and 2) by putting 4500 toward their purchase, may lower their monthly payments to where they are sustainable for more people.

if you want to have a discussion about foolish lending practices - that's a largely separate topic that exists well outside this program

Reppies.

Z's influence here:

Image




;)

Re: Cash for Clunkers!!!

Posted: Wed Aug 05, 2009 9:02 am
by Gil Dobie
On the news last night they said 2% of the dealers have been paid by Big Brother.

Good news was that Senator Klobachar got a repreive for Minnesotan's that were rejected because they paid for their tabs during the 10 day grace period.

Re: Cash for Clunkers!!!

Posted: Wed Aug 05, 2009 10:40 am
by AZGrizFan
polsongrizz wrote:
dbackjon wrote:
Nah, that is what Credit Unions are for.
:rofl: :rofl:

:| :| :| :| :coffee: :shake: :shake:

Re: Cash for Clunkers!!!

Posted: Wed Aug 05, 2009 2:58 pm
by Wedgebuster
The ten most traded-in cars under the cash-for-clunkers program are:
10) '99 Dodge Caravan
9) '97 Ford Windstar
8) '94 Ford Explorer
7) '95 Ford Explorer
6) Jeep Cherokee
5) Jeep Grand Cherokee
4) '99 Ford Explorer
3) '96 Ford Explorer
2) '97 Ford Explorer
1) '98 Ford Explorer

The ten new car models being purchased under cash-for-clunkers are:
10) Chevy Cobalt
9) Honda Fit
8) Hyundai Elantra
7) Dodge Caliber
6) Toyota Camry
5) Ford Escape
4) Toyota Prius
3) Toyota Corolla
2) Honda Civic
1) Ford Focus


So, the biggest POS on the road by miles is the Explorer!

That's kind of what I thought of them back in '90 when I went suv shopping.