Hasn't this most likely been done to jump start the consumer confidence of the richer class and supposedly just trickle down by employment figures
When it comes to gas mileage by just a few miles more and with the added financial burden, I don't see this as a direct win for the consumer.
My choice would have been a hybrid with fuel mileage like a Prius, which I think are already part of some discount or rebate program? I have an
almost full sized 2001 GM Buick that averages 26 mpg. I couldn't see buying a smaller road-kill-raccoon-car
that only gets a few more mpg.
My biggest problem with all of this is the fact that many of these vehicles are not going to be traded down or given to replace those even worse
vehicles other people can't afford to maintain or replace.
When it comes to clunkers on the roads, these are owned and driven (when running) by the people who can never afford a new or possibly even much
better and reliable car........off of a lot.
Those sweet private owner deals are slim to none and probably gone before the paper hits the streets. Maybe I'm wrong, but it sure seems that way to
me without actual statistics.
Think of the possible numbers of used vehicles these dealerships have had that could have been given or sold at huge discount to those in more
More likely, these highest numbers of vehicles have already been crushed and are being recycled.
My big beef is for the less capable consumers that are getting screwed out of any bargains. I have seen prices come way down on used cars and the one
I bought just a couple years ago is available at less than half the cost at 'some' dealerships.
Obviously, we won't be hearing much if anything about that type of program. ( maybe much later)
All vehicles that are sold used should be inspected and rated as certified one way or another. No one should ever have to to pay for a car that
doesn't last six months on the road without expensive or any repairs.
They may as well be renting them on a lease program instead. What's the point of thinking you own a car, when the banks or mechanics do instead?
I want to see Obama do something for the little guys that ACTUALLY voted for change that are more than tired of being put on the back burner.
[edit on 1-8-2009 by aleon1018]