More signs of waste–I think this is more giveaways to UAW in addition to the billions we already did to make unwanted products with borrowed money. I can understand if the government gives $1000 to buy the Hybrid Fusion but any car or truck with 22 mpg or better?
WASHINGTON (AP) — Car shoppers could take advantage of government incentives worth up to $4,500 this summer to send their old gas guzzler to the scrap heap in favor of a more fuel-efficient new vehicle.
President Barack Obama is expected to sign into law the “cash for clunkers” program, which was approved by the Senate on Thursday. For owners of low-mileage models such as the 1994 Ford Bronco, 1998 Nissan Pathfinder or the 1995 Chevrolet Blazer, the plan could give them a reason to visit their local car dealer during an economic downturn…..
One thing. The way it is crafted, you cannot simply go buy a clunker right now and use it to get the credit. Car has to be registered in your name for I think 120days…. which I think if you bought a clunker today, 120 days would put you after when this bill would end i think.
BUT, you aren’t obligated to buy a GM/Ford/Chrysler, so it’s not exactly a UAW bailout per se.
What it is a bailout for though is for folks that have those gas guzzler truck/suvs in recent times versus fuel efficient cars….
Oh hell, a $4500 tax credit for any new car purchase would have been fine with me. Call it a bill to stimulate the auto industry.
One thing. The way it is crafted, you cannot simply go buy a clunker right now and use it to get the credit. Car has to be registered in your name for I think 120days…. which I think if you bought a clunker today, 120 days would put you after when this bill would end i think.
BUT, you aren’t obligated to buy a GM/Ford/Chrysler, so it’s not exactly a UAW bailout per se.
What it is a bailout for though is for folks that have those gas guzzler truck/suvs in recent times versus fuel efficient cars….
Oh hell, a $4500 tax credit for any new car purchase would have been fine with me. Call it a bill to stimulate the auto industry.
One thing. The way it is crafted, you cannot simply go buy a clunker right now and use it to get the credit. Car has to be registered in your name for I think 120days…. which I think if you bought a clunker today, 120 days would put you after when this bill would end i think.
BUT, you aren’t obligated to buy a GM/Ford/Chrysler, so it’s not exactly a UAW bailout per se.
What it is a bailout for though is for folks that have those gas guzzler truck/suvs in recent times versus fuel efficient cars….
Oh hell, a $4500 tax credit for any new car purchase would have been fine with me. Call it a bill to stimulate the auto industry.
One thing. The way it is crafted, you cannot simply go buy a clunker right now and use it to get the credit. Car has to be registered in your name for I think 120days…. which I think if you bought a clunker today, 120 days would put you after when this bill would end i think.
BUT, you aren’t obligated to buy a GM/Ford/Chrysler, so it’s not exactly a UAW bailout per se.
What it is a bailout for though is for folks that have those gas guzzler truck/suvs in recent times versus fuel efficient cars….
Oh hell, a $4500 tax credit for any new car purchase would have been fine with me. Call it a bill to stimulate the auto industry.
One thing. The way it is crafted, you cannot simply go buy a clunker right now and use it to get the credit. Car has to be registered in your name for I think 120days…. which I think if you bought a clunker today, 120 days would put you after when this bill would end i think.
BUT, you aren’t obligated to buy a GM/Ford/Chrysler, so it’s not exactly a UAW bailout per se.
What it is a bailout for though is for folks that have those gas guzzler truck/suvs in recent times versus fuel efficient cars….
Oh hell, a $4500 tax credit for any new car purchase would have been fine with me. Call it a bill to stimulate the auto industry.
