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Cash for Clunkers bill passed today

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Old Jun 10, 2009 | 10:11 AM
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i always wondered why the auto industry didnt own the salvage yards...junking a car doesnt bring much money..they buy the metal eventually anyway...and instead of selling used parts they could just turn them strait to metal....poof...no more used parts...must buy a new car..
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Old Jun 10, 2009 | 10:19 AM
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....
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Old Jun 10, 2009 | 01:01 PM
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Originally Posted by denwa
i always wondered why the auto industry didnt own the salvage yards...junking a car doesnt bring much money..they buy the metal eventually anyway...and instead of selling used parts they could just turn them strait to metal....poof...no more used parts...must buy a new car..
The government gives manufacturing plants vouchers to produce a certain amount of air pollutants based on the amount of cars they junk. It was an editorial in hot rod a couple years back that explained the whole process. Freiburger wrote it when gas prices first started to spike and the shitbox econo cars became really popular.
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Old Jun 10, 2009 | 03:43 PM
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i read somewhere this is all based on 85 and older cars, it will have no impact on trade in of newer models. The other caveat is everything turned in will be crushed, a new spin on getting rid of future collectibles.
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Old Jun 10, 2009 | 06:34 PM
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Originally Posted by red vert
i read somewhere this is all based on 85 and older cars, it will have no impact on trade in of newer models. The other caveat is everything turned in will be crushed, a new spin on getting rid of future collectibles.
Not true. Please read the bill. A car that is only 5 yrs old could be considered a "clunker" under this bill. It's all about the mileage that the EPA rated them at.
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Old Jun 10, 2009 | 08:16 PM
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Originally Posted by Tiffiny
This is just part of a slow process of eliminating older vehicles that has been going on for years
+1 !!!!!

well the way things are going with auto industry (GM and CRYSLER bankrupt) at least there will be a few more FORDS on the road !! maybe
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Old Jun 11, 2009 | 05:29 PM
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straight from the link, and if I wasn't lazy i'd find the rest.

The bill would direct dealers to ensure that the older vehicles are crushed or shredded to get the clunkers off the road. It was intended to help replace older vehicles — built in model year 1984 or later — and would not make financial sense for consumers owning an older car with a trade-in value greater than $3,500 or $4,500.
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Old Jun 11, 2009 | 06:17 PM
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Originally Posted by red vert
straight from the link, and if I wasn't lazy i'd find the rest.

The bill would direct dealers to ensure that the older vehicles are crushed or shredded to get the clunkers off the road. It was intended to help replace older vehicles — built in model year 1984 or later — and would not make financial sense for consumers owning an older car with a trade-in value greater than $3,500 or $4,500.
Yeeeessss......and, like I said, please read the entire thing....Here is a quote from it also:
A group of senators led by California Democrat Dianne Feinstein were pushing an alternative version that would require consumers to trade up for more fuel-efficient cars and trucks to qualify. They complained that even a 2009 Hummer H3T, which gets 14 mpg in city driving and 18 mpg on the highway, could qualify for the incentives under the House bill.
A 2009 vehicle...a "clunker" under this bill.
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Originally Posted by rotarykidd
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Old Jun 11, 2009 | 06:19 PM
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If nothing else, it makes the value of all used cars at least $3500-$4500. Who needs the stockmarket? Just buy up all the old POS cars you can before the owners realize what they are worth. Then sell 'em to those unfortunate new car buyers who don't have a clunker to trade in. Get in on the ground floor.
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Old Jun 12, 2009 | 04:48 AM
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Originally Posted by red vert
straight from the link, and if I wasn't lazy i'd find the rest.

The bill would direct dealers to ensure that the older vehicles are crushed or shredded to get the clunkers off the road. It was intended to help replace older vehicles — built in model year 1984 or later — and would not make financial sense for consumers owning an older car with a trade-in value greater than $3,500 or $4,500.
84 or later to me means 1984 and anything that came after meaning 1985-present. Thats how it sounds to me at least.
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