cash for clunkers program???

Hooks

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I did a deal on the cash for clunkers yesterday,guy surrendered a 95 jeep and got $4,500 from goverment and $4,000 in rebates on a Ranger,he had all of his paperwork,like 1 year of insurance and registration and the title.He was happy.

Pel, I have a 95 Jeep Grand Cherokee. Do you know what the MPG is for these ?
I'd like to try this if feasible, however, it is great not to have car payments.
 

pel7

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Hooks,

If it is a 2wd it averages 16 mpg and it does qualify but you have to have proof that it was insured and registered a full year and you have to have a clear title,plus the vehicle you want to purchase has to qualify,you can check it here at www.fueleconomy.gov
 

yyz

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best i found so far on my daughters beater ($375 at auction 10 months ago so still have to wait 2 months before it qualifies) is a government rebate of $3500.

Two months from now, this money may be gone!

People have been sucking up these deals far faster than the government guessed they would. (Who'd have figured the government could get their numbers wrong?)

A guy I worked with traded in a 95' Ford van for a Jeep Liberty. Got $4500, another $4500 "match" from the dealer, and $700 in rebates. Said he paid something like 8 grand for it.

The dealer told him EVERY qualifying car on the lot was spoken for! A guy from Escanaba was soming down today to pick his up, and a guy from Denver is actually coming in next week to get one.

It's nuts.

My dad traded in his Olds van for a Kia Sportage on Monday, too.


This actually has people buying cars who otherwise might have waited. I think this plan could actually stimulate the economy in some fashion.
 

SKEETER1

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My wife did the cash for clunkers

My wife did the cash for clunkers

She traded in her Isuzu Rodeo in for a SOUL....she loves it

As for me...I am selling my Hyundai Tiburon in for a 4 door Jeep or the H3....dont give a damn about the gas and the economy isnt suffering becasue of my vehicle (my knees are suffering getting out of a little car). BUT my wife did get a great deal on the Soul. Car dealers here in Phx AZ are doing great.
 

blaster

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Just to let folks know that many dealers are not moving much off of invoice. I finalized my deal on a 09 Elantra SE yesterday(Sticker was 20K, paid 12K) as it just made to much sense not to. In order to qualify the vehicle you are getting rid of must be getting 18mpg or less. It must be registered and insured by you for 1 full year. If you improve your mileage 10mpg or more you get $4500, anything between an improvement of 4 to 9 gets you $3500. The dealer I went to was busy as hell and he stated that he can't see the funds lasting for this program till November.:shrug:
I went to 4 dealers to get the best price and I really haggled hard. The dealer I went with was 1K lower than the rest and the others would not move off their price. They are very tight about the regulations for this plan and also you should expect to spend some time filling out paper work. In the end it was worth it, but don' think the dealers aren't getting a piece.
Just make sure you haggle hard and visit many dealers to get the best offer before you purchase.

Good Luck, BLASTER
 

hedgehog

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As for me...I am selling my Hyundai Tiburon in for a 4 door Jeep or the H3....dont give a damn about the gas and the economy isnt suffering because of my vehicle

me too...the global warming hoax is not caused by my vehicle either, I say go opposite of the government
 

SixFive

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hmmm... trying to figure this out now, but I'm not having much luck. :shrug:

1989 Mercury Sable I don't think I even qualify? :shrug:
 

SixFive

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hmmm... trying to figure this out now, but I'm not having much luck. :shrug:

1989 Mercury Sable I don't think I even qualify? :shrug:

guess I'll stop looking. Pretty sure my chitty car doesn't even qualify! :mj07: How could it be more of a clunker?? oh well!
 

blaster

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Six-Five,
Your right, you don't qualify since your at 20 mpg.
Yur also right about the car being shitty.:142smilie

BLAST
 

SixFive

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Six-Five,
Your right, you don't qualify since your at 20 mpg.
Yur also right about the car being shitty.:142smilie

BLAST

:mj07: :mj07: 2 great things about my car. It's huge, and I can get in and out of it and ride comfortably. It is in excellent running order and only has 65,000 (that magical number follows me everywhere!) non-flipped miles on it.
 

hedgehog

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Well,it looks like it is over now,cancelled as of midnight tonight:sadwave:

:142smilie our government is just too stupid for themselves:mj07: It lasted 4 days? all the global warming crowd has to be mad right now:00hour :sadwave:
 

Livin'tillthEnd

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I got mine--

I got mine--

closed the sell today --Jeep Patriot --original price tag 20,365 got it for 12,365 plus ttl--

Thank you Obama:00hour :sadwave:
 
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Old School

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<CITE class=vcard>By KEN THOMAS, Associated Press Writer Ken Thomas, Associated Press Writer </CITE><ABBR class=recenttimedate title=2009-07-31T01:58:08-0700>1 hr 8 mi</ABBR> ?



The government's popular "cash for clunkers" program may be running out of money after only a matter of days as car shoppers flock to dealerships to take advantage of the rebates.
The White House said Thursday it was assessing its options amid concerns the $1 billion budget for rebates for new car sales may have been depleted. The program officially began last week and has been heavily publicized by automakers and dealers.
Transportation Department officials called lawmakers earlier Thursday to alert them of plans to suspend the program as early as Friday. But a White House official said later the program had not been suspended and they were reviewing their options to keep the program funded.
White House press secretary Robert Gibbs said they were working to "assess the situation facing what is obviously an incredibly popular program. Auto dealers and consumers should have confidence that all valid CARS transactions that have taken place to date will be honored."
Dubbed the Car Allowance Rebate System, or CARS, the program offers owners of old cars and trucks $3,500 or $4,500 toward a new, more fuel-efficient vehicle, in exchange for scrapping their old vehicle. Congress last month approved the plan to boost auto sales and remove some inefficient cars and trucks from the roads.
The program was scheduled to last through Nov. 1 or until the money ran out, but few predicted it would be depleted in days. Through late Wednesday, 22,782 vehicles had been purchased through CARS and nearly $96 million had been spent.
But dealers raised concerns about large backlogs in the processing of the deals in the government system. A survey of 2,000 dealers by the National Automobile Dealers Association found about 25,000 deals had not yet been approved by the government, or nearly 13 trades per store.
It suggested that with about 23,000 dealers taking part in the program, car dealers may already have surpassed the 250,000 vehicle sales funded by the $1 billion program.
"There's a significant backlog of 'cash for clunkers' deals that make us question how much funding is still available in the program," said Bailey Wood, a spokesman for the dealers association.
The reports that the CARS program could be suspended created confusion among many dealers, who had showrooms filled with car shoppers looking to scrap their gas guzzlers.
Alan Helfman, general manager of River Oaks Chrysler Jeep in Houston, said he was worried that the government wouldn't pay for some of his clunker deals. His dealership has completed paperwork on about 20 sales under the program, but in some cases the titles haven't been obtained yet or the vehicles aren't on his lot.
"There's no doubt I'm going to get hammered on a deal or two," Helfman said.
The clunkers program was set up to boost U.S. auto sales and help struggling automakers through the worst sales slump in more than a quarter-century. Sales for the first half of the year were down 35 percent from the same period in 2008, and analysts are predicting only a modest recovery during the second half of the year.
So far this year, sales are running under an annual rate of 10 million light vehicles, but as recently as 2007, automakers sold more than 16 million cars and light trucks in the United States.
Lawmakers said they would try to find additional funding for the program, which under the legislation could grow to $4 billion for the funding of up to 1 million new car sales.
Rep. Edward Markey, D-Mass., who developed the legislation, said he would work with the Obama administration to keep the program going "until it reaches its goal of helping consumers take 1 million gas guzzlers off the road."
Others suggested using unspent economic stimulus funding. "I can think of no better use for unspent stimulus dollars that are gathering dust than financing 'Cash for Clunkers,'" said Rep. Fred Upton, R-Mich. Michigan lawmakers planned to meet on Friday to discuss the program.

Brendan Daly, a spokesman for House Speaker Nancy Pelosi, D-Calif., said they would work with "the congressional sponsors and the administration to quickly review the results of the initiative."
General Motors Co. spokesman Greg Martin said the automaker hoped "there's a will and way to keep the CARS program going a little bit longer."
___ AP Auto Writer Tom Krisher in Detroit contributed to this report.
 
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