Cash For Clunkers Dies Another Day
Published: June 4th, 2009
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The latest attempt to bring the hottest Euro-fad in the biz has failed in the Senate Appropriations Committee, reports the Detroit News. Was it because it was attached to a tobacco regulation bill of all things? Or because SenAppCom has bigger, better plans for Obama’s stimulus money? Or because of the nascent green opposition which kiboshed the measure mere weeks ago? Who cares? At least it’s dead. For now. Since the idea has the White House’s support, expect it to be exhumed at least a few more times.
More by Edward Niedermeyer
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toadroller : Why sell the older SUV for $1500-2000 or whatever it’s worth and buy a ten year old Mazda Protégé or similar small, safe, fuel efficient car for roughly the same price or maybe a thousand or two more? Because this bill as it stands in the House will give a $5000 dollar credit for our daughters older SUV, duh. And I don't mind owing more for a reliable car that will be under warranty. It will give me the peace of mind knowing our daughter has something reliable to drive back and forth to college in. I agree with skor, its ok to give billions to bailout various banks, insurance companies, car companies, etc. but to help out Mom and Dad to buy a new car the claws come out. But your right if the Senate has it there way and medals with the House bill I might as well go ahead and trade now because I’m not going to get much more with there version of the bill.
I was hoping that this bill would pass soon - My GM credit card gives points ($) toward a new GM car (something that I never thought I'd use, but hey). They announced that until the end of the month, I could use ALL my points on select cars, and I have a bit over 4,500 points. Add that to the clunker, and I could get at least $9000 off a G3 or G5! Almost enough to make me think of dumping my Aerostar AWD... but it's so useful!
I’m almost sure that’s an Argentinean Falcon. My father bought five falcons during his lifetime. Once He tried to buy a GM contender Nova but did not fit in his garage. All ran for about 200K miles; with the exception of a white ’77 falcon standard; very similar to the one in the photo above. This one was involved in a serious road traffic accident in its first months of life. http://www.todofalcon.com.ar/Fotos/Standard16.jpg
Toadroller - I'm with you. Gotta stop spending gov't cash somewhere.