well yes but lets not confuse. the two. the cash for clunkers is an energy dependence move.. not a domestic mfg move.. and I bet more toyota's are going to be sold then anything with this since american's for some unknown reason love the god awful camry.
and for someone trolling around in a crapbox that is getting 12mpg this does make some sense. CHI, you couldn't even use this on a new civic since it gets WAY worse fuel economy then your current car does. this is not for you. it's good for companies with aging fleets of old trucks getting 9mpg where new trucks or ones withu smaller engines can do the same job.
I don't care. one way or the other. since I am not in the position to buy a car now. but if I was I would love to trade in my 95 ford ranger shop truck for a new truck but the ranger also does not qualify since it gets better then 20mpg..
the only major effect I see this doing is getting those that are using old pickups as daily drivers out and into a new efficent car... sure the'll most likley have a payment.. but the fuel savings will offset much of that payment. and hopefully get more americans out autocrossing their new little cars
extreme example.
take a Chevy aveo $9995 $4500 off 0% for 60 months that's $91 a month I can't make up all that payment in fuel savings
but typical american 15,000 miles a year in a 10mpg pickup $4500 in gas a year...
in a aveo 33mpg $1363 a year in fuel ($3 gal) it's an exagerated example but they are saving over $200 a month in fuel and paying $91 in payment figure $120 with insurance. I like the idea of these beat up old trucks getting off the road.
also don't underestimate the stupidity of typical joe Q public.. americans are fucking retarted they will buy without putting a single number on paper. a big Truck or SUV just because they are "safe" which has been proven time and time again they are more likley to wreck/rollover/crash since you can't avoid accidents in somthing ginormous.