This well thought out program, carefully estimated at one billion dollars, has just gone broke and needs another two billion dollars to keep it going. In less than one week.

These are the same people doing the estimates on health care reform.

Based on the Cash for Clunkers experience, they need to multiply their health care estimates by at least 3, and it will still be too low.

Just got back from the dealer and my new ride should be in next week. Then all we have to do is wait for the paperwork.

The salesman showed me two long rows of new cars that have already been sold and that are now awaiting the paperwork to go through and that is the big holdup. It seems that the computer system cannot handle the volume.

The dealership was a revolving door with people coming in trying to find something.

Originally Posted by RVRoadie

This well thought out program, carefully estimated at one billion dollars, has just gone broke and needs another two billion dollars to keep it going. In less than one week.

These are the same people doing the estimates on health care reform.

Based on the Cash for Clunkers experience, they need to multiply their health care estimates by at least 3, and it will still be too low.

I, for one, don't like the cash for clunker program! It's nothing more than another program that rewards bad behavior. Someone decides to follow the crowd and buy a huge, gas guzzling SUV. Now with gas prices higher and the car/truck worth next to nothing, we the taxpayers are supposed to bail you out from your mistake.

[quote=Hawkwind;217663]Just got back from the dealer and my new ride should be in next week. Then all we have to do is wait for the paperwork.

The salesman showed me two long rows of new cars that have already been sold and that are now awaiting the paperwork to go through and that is the big holdup. It seems that the computer system cannot handle the volume.

The dealership was a revolving door with people coming in trying to find something.[/quote

Originally Posted by RVRoadie

This well thought out program, carefully estimated at one billion dollars, has just gone broke and needs another two billion dollars to keep it going. In less than one week.

These are the same people doing the estimates on health care reform.

Based on the Cash for Clunkers experience, they need to multiply their health care estimates by at least 3, and it will still be too low.

Where did you get this info?

Heaven forbid the gov't should try to do something to stimulate the economy....GN

Originally Posted by gnu

I, for one, don't like the cash for clunker program! It's nothing more than another program that rewards bad behavior. Someone decides to follow the crowd and buy a huge, gas guzzling SUV. Now with gas prices higher and the car/truck worth next to nothing, we the taxpayers are supposed to bail you out from your mistake.

I guess if they made an electric car, other than a Tesla, that had enough torque to pull my toys around, I'd probably had bought it. But....I elected to buy a new gas guzzler. Almost new - it was built in Dec 07 and I just purchased it June 2. And yes there were 2007 gas guzzlers sitting on the lot.

So when I'm not driving the gas guzzler I'll either be riding my bike with pedals, or in the golf cart, or driving the grocery getter that gets 29.2 mpg, is made of fiberglass, plastic, aluminum, composite, and balsa wood - check the avatar. Some of us still have the need for speed.

One more thing. The next time you drive your 50 mpg ? if you have such a vehicle, to the box store to purchase a 5 pc table & chairs, don't call me. I'll be too busy helping the 85 yo neighbor lady move her furniture to storage so Habitat for Humanity can claim it.

Originally Posted by golfnut

Heaven forbid the gov't should try to do something to stimulate the economy....GN

If government wants to do something to stimulate the economy...all it has to do is go away...or at least shrink. All you people on the left that thinks government is the answer....don't really have the right questions. It seems that everything government tries to do is anti-business. All government can do is take our money and redistribute it. Every "program" the government has is a take-take- take away form the taxpayer. The less they take...the more people will have to stimulate the economy.

Well, already have an electric golf cart, a bike which gets just over 60 MPG, and the car is getting around 26-28 MPG (and it's not driven much anymore).

Well, all we need now is a true electric car, running on a combination of solar and nuclear.....

Originally Posted by F16 1UB

I guess if they made an electric car, other than a Tesla, that had enough torque to pull my toys around, I'd probably had bought it. But....I elected to buy a new gas guzzler. Almost new - it was built in Dec 07 and I just purchased it June 2. And yes there were 2007 gas guzzlers sitting on the lot.

So when I'm not driving the gas guzzler I'll either be riding my bike with pedals, or in the golf cart, or driving the grocery getter that gets 29.2 mpg, is made of fiberglass, plastic, aluminum, composite, and balsa wood - check the avatar. Some of us still have the need for speed.

One more thing. The next time you drive your 50 mpg ? if you have such a vehicle, to the box store to purchase a 5 pc table & chairs, don't call me. I'll be too busy helping the 85 yo neighbor lady move her furniture to storage so Habitat for Humanity can claim it.

Thanks for proving my point! I won't ask you to move my furniture, (I just got my sofas delivered) just don't ask my taxes to provided you with your gas guzzlers. I don't want to support YOUR toys with my money!

One of the requirements of the program is the dealers are to have the "clunker" traded in destroyed.
Was yours a car to be destroyed?
Supposedly the system is unable to keep up with the post new car delivery requirements of the traded vehicle. If they were truly serviceable cars, does anybody believe they will wind up on the used car lot?

btk

Heard on the business news the other day that supposedly people were buying slightly more foreign cars than American cars with their trade-in clunkers.

Originally Posted by billethkid

One of the requirements of the program is the dealers are to have the "clunker" traded in destroyed.
Was yours a car to be destroyed?
Supposedly the system is unable to keep up with the post new car delivery requirements of the traded vehicle. If they were truly serviceable cars, does anybody believe they will wind up on the used car lot?

btk

In my case the cost of repairs to get it ready for resale are a lot more than the car would be worth. From what I have read the car does not have to be destroyed but the motor must be seized by a special process making it undriveable. It does not mean the other parts of the car cannot be stripped and sold as salvage by a U Pull It lot.