[quote=paramount]Anyone interested in a 5,000lb American made paperweight in my driveway that goes by the name of Ford Expedition?
Oh yah, in the interest of full disclosure I should mention the electrical system is fried due to a manufacturer’s defect.
I have decided to get smart in car buying buying – in the future I’m sticking to Toyota, Nissan or Honda or even one of the K cars.
I’m tired of handing my hard earned money over to the Ford dealer for constant service.[/quote]
Hijack,
Are you serious? Listen, if you really want to get rid of the expedition and think it’s worthless, than you can actually help someone that wants to buy a car.
So…the problem with the cash for clunker is that you must own a “clunker” for the past year and had it insured for the past year. So this prevents someone from buying a clunker now and using it to get the incentive…But there are two “workarounds” i think will work
1) You use the incentive to buy a new car that someone wants and then turn it around and sell the new car to that person so you don’t lose money. (of course the person ends up paying for tax twice, because re-registering a car under a different owner requires you to pay registration to CA again
or
2) I think it actually works if both you and the person initially are on the title of the new car, and then you get off the title. If my understanding of how the c-f-c program works is that, only one person needs to have the clunker. So if you and someone else are purchasing a new car and both of you are listed “owners” of the new car, then two of you will qualify to get the government subsidy. Immediately after the sales transaction, you file a change of title with the DMV removing yourself from the title…Then the other person doesn’t end up getting double taxed because he/she was a “co-owner” to begin with. Of course the person actually buying a car needs to trust you, so you can probably only do this with a close friend or family.
