- This topic has 360 replies, 23 voices, and was last updated 13 years, 10 months ago by OwnerOfCalifornia.
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August 4, 2009 at 4:44 PM #441513August 4, 2009 at 5:01 PM #440758ZeitgeistParticipant
I wonder who will own the car the $4500. rebate helped buy if it gets repossessed? Will it be we the people? We certainly have a stake in it.
August 4, 2009 at 5:01 PM #440957ZeitgeistParticipantI wonder who will own the car the $4500. rebate helped buy if it gets repossessed? Will it be we the people? We certainly have a stake in it.
August 4, 2009 at 5:01 PM #441290ZeitgeistParticipantI wonder who will own the car the $4500. rebate helped buy if it gets repossessed? Will it be we the people? We certainly have a stake in it.
August 4, 2009 at 5:01 PM #441361ZeitgeistParticipantI wonder who will own the car the $4500. rebate helped buy if it gets repossessed? Will it be we the people? We certainly have a stake in it.
August 4, 2009 at 5:01 PM #441533ZeitgeistParticipantI wonder who will own the car the $4500. rebate helped buy if it gets repossessed? Will it be we the people? We certainly have a stake in it.
August 4, 2009 at 5:18 PM #440778Nor-LA-SD-guyParticipantI figure about 1/3 to 1/2 of the rebate will end up as Tax revenue for the State/Cities (sales and income), so it is an indirect way to funnel money into the states.
If I had a clunker worth 1000 or less I would be thinking about it definitely instead of just patching up the old thing.
This actually may end the recession just my opinion.
Just think instead of the trillions used for bank bail outs they could had gotten us out of this funk with maybe 200 Billion in different rebate programs ??
At least it would have gone to the everyday folks instead of WallStreet bankers.
August 4, 2009 at 5:18 PM #440977Nor-LA-SD-guyParticipantI figure about 1/3 to 1/2 of the rebate will end up as Tax revenue for the State/Cities (sales and income), so it is an indirect way to funnel money into the states.
If I had a clunker worth 1000 or less I would be thinking about it definitely instead of just patching up the old thing.
This actually may end the recession just my opinion.
Just think instead of the trillions used for bank bail outs they could had gotten us out of this funk with maybe 200 Billion in different rebate programs ??
At least it would have gone to the everyday folks instead of WallStreet bankers.
August 4, 2009 at 5:18 PM #441310Nor-LA-SD-guyParticipantI figure about 1/3 to 1/2 of the rebate will end up as Tax revenue for the State/Cities (sales and income), so it is an indirect way to funnel money into the states.
If I had a clunker worth 1000 or less I would be thinking about it definitely instead of just patching up the old thing.
This actually may end the recession just my opinion.
Just think instead of the trillions used for bank bail outs they could had gotten us out of this funk with maybe 200 Billion in different rebate programs ??
At least it would have gone to the everyday folks instead of WallStreet bankers.
August 4, 2009 at 5:18 PM #441381Nor-LA-SD-guyParticipantI figure about 1/3 to 1/2 of the rebate will end up as Tax revenue for the State/Cities (sales and income), so it is an indirect way to funnel money into the states.
If I had a clunker worth 1000 or less I would be thinking about it definitely instead of just patching up the old thing.
This actually may end the recession just my opinion.
Just think instead of the trillions used for bank bail outs they could had gotten us out of this funk with maybe 200 Billion in different rebate programs ??
At least it would have gone to the everyday folks instead of WallStreet bankers.
August 4, 2009 at 5:18 PM #441553Nor-LA-SD-guyParticipantI figure about 1/3 to 1/2 of the rebate will end up as Tax revenue for the State/Cities (sales and income), so it is an indirect way to funnel money into the states.
If I had a clunker worth 1000 or less I would be thinking about it definitely instead of just patching up the old thing.
This actually may end the recession just my opinion.
Just think instead of the trillions used for bank bail outs they could had gotten us out of this funk with maybe 200 Billion in different rebate programs ??
At least it would have gone to the everyday folks instead of WallStreet bankers.
August 8, 2009 at 5:17 PM #442553svelteParticipant[quote=bsrsharma] Most clunker trade ins seem domestics and new ones are usually imports, with the Korean brands/makes (like Chevy Aveo, Pontiac G3 etc.,) doing well. (My dealer sold off all Vibes and was selling G3’s).[/quote]
July 2009 market share for the domestics is 43% (GM 18%, Ford 16%, Chrysler 9%) so I would expect that purchases under the clunker program would have more imports than domestics.
And Chevy Aveo and Pontiac G3 aren’t even in the top 10.
The list varies depending upon who compiles the numbers (depends on how nameplates are divided), but edmunds shows 8 of the top 10 cars purchased under C4C to be domestics:
1 Ford Escape
2 Ford Focus
3 Jeep Patriot
4 Dodge Caliber
5 Ford F-150
6 Honda Civic
7 Chevrolet Silverado
8 Chevrolet Cobalt
9 Toyota Corolla
10 Ford FusionNot too shabby, America!
http://www.autoblog.com/2009/08/07/report-escape-puts-ford-back-atop-cash-for-clunkers-sales-pileu/
August 8, 2009 at 5:17 PM #442749svelteParticipant[quote=bsrsharma] Most clunker trade ins seem domestics and new ones are usually imports, with the Korean brands/makes (like Chevy Aveo, Pontiac G3 etc.,) doing well. (My dealer sold off all Vibes and was selling G3’s).[/quote]
July 2009 market share for the domestics is 43% (GM 18%, Ford 16%, Chrysler 9%) so I would expect that purchases under the clunker program would have more imports than domestics.
And Chevy Aveo and Pontiac G3 aren’t even in the top 10.
The list varies depending upon who compiles the numbers (depends on how nameplates are divided), but edmunds shows 8 of the top 10 cars purchased under C4C to be domestics:
1 Ford Escape
2 Ford Focus
3 Jeep Patriot
4 Dodge Caliber
5 Ford F-150
6 Honda Civic
7 Chevrolet Silverado
8 Chevrolet Cobalt
9 Toyota Corolla
10 Ford FusionNot too shabby, America!
http://www.autoblog.com/2009/08/07/report-escape-puts-ford-back-atop-cash-for-clunkers-sales-pileu/
August 8, 2009 at 5:17 PM #443086svelteParticipant[quote=bsrsharma] Most clunker trade ins seem domestics and new ones are usually imports, with the Korean brands/makes (like Chevy Aveo, Pontiac G3 etc.,) doing well. (My dealer sold off all Vibes and was selling G3’s).[/quote]
July 2009 market share for the domestics is 43% (GM 18%, Ford 16%, Chrysler 9%) so I would expect that purchases under the clunker program would have more imports than domestics.
And Chevy Aveo and Pontiac G3 aren’t even in the top 10.
The list varies depending upon who compiles the numbers (depends on how nameplates are divided), but edmunds shows 8 of the top 10 cars purchased under C4C to be domestics:
1 Ford Escape
2 Ford Focus
3 Jeep Patriot
4 Dodge Caliber
5 Ford F-150
6 Honda Civic
7 Chevrolet Silverado
8 Chevrolet Cobalt
9 Toyota Corolla
10 Ford FusionNot too shabby, America!
http://www.autoblog.com/2009/08/07/report-escape-puts-ford-back-atop-cash-for-clunkers-sales-pileu/
August 8, 2009 at 5:17 PM #443155svelteParticipant[quote=bsrsharma] Most clunker trade ins seem domestics and new ones are usually imports, with the Korean brands/makes (like Chevy Aveo, Pontiac G3 etc.,) doing well. (My dealer sold off all Vibes and was selling G3’s).[/quote]
July 2009 market share for the domestics is 43% (GM 18%, Ford 16%, Chrysler 9%) so I would expect that purchases under the clunker program would have more imports than domestics.
And Chevy Aveo and Pontiac G3 aren’t even in the top 10.
The list varies depending upon who compiles the numbers (depends on how nameplates are divided), but edmunds shows 8 of the top 10 cars purchased under C4C to be domestics:
1 Ford Escape
2 Ford Focus
3 Jeep Patriot
4 Dodge Caliber
5 Ford F-150
6 Honda Civic
7 Chevrolet Silverado
8 Chevrolet Cobalt
9 Toyota Corolla
10 Ford FusionNot too shabby, America!
http://www.autoblog.com/2009/08/07/report-escape-puts-ford-back-atop-cash-for-clunkers-sales-pileu/
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