[quote=paramount][quote=briansd1]Just an indirect giveaway to the dealers and car companies. And another way to get Americans into debt.
Try negotiating a cash deal on a car and once the price is agree upon, tell them what you want to turn in your old clunker and get $4,500 + $4,500 ($9,000) off the price of the purchase.
They won’t sell the car to you. They’ll come up with some lame excuse that, unfortunately, that one unique car has been sold by the manager already (or some excuse like that).[/quote]
I agree 100%.[/quote]
I disagree with that…First, the $4500 credit from the government is just that. It’s money from the fed…..They don’t care how you pay for $X…So long as you pay for $X. You could come up with $X or $X-4500 and let the 4500 come from the fed, they don’t care….We, taxpayers are footing this subsidy.
Second, the other $4500 credit is a rebate that some (not all) manufacturers are offering…There is no scam in this. Now, if you don’t negotiate well, you probably won’t see the entire $4500…But i can tell, you it’s real. Just for kicks, I’m talking to some BMW dealers to see how low they’re willing to sell a 335d, and they are definitely discounting them (I won’t say how much). It only applies to the 335d, because americans for some reason don’t like diesels.