Cash For Clunkers
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Posting Guru
Joined: Aug 2008
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From: Sunny, Snowy, CO
Cash For Clunkers
Went to the local Ford Stealership today and the *******s offered me 4500 for my 08 Lariat... It was unsolicited and meant as a joke, but I could literally turn it in to be crushed if I wanted to and get the rebate because of the mileage it gets. I think I'll keep it.
Sick 'n Tired
Joined: May 2006
Posts: 2,969
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From: League City, TX
Funny. Turns out they strip the cars down and allow most of the parts to be resold with the exception of the powertrain. They actually fill the engines with a GLASS SOLUTION to make sure they don't get resold.
MMNC (SS)(Ret)
Joined: Mar 2004
Posts: 11,606
Likes: 149
From: SE Georgia
I think the Clunker program will end up being a huge scam that Dealerships are going to profit hugely from.
Suppose you have a later model car that is worth about $6-8,000 on the open market. You bring it in for a Trade, and the Dealership says "Sorry, it's only worth $4,500. We don't want it otherwise"...you eventually cave in and take the deal.
In reality, the Dealership will just do a normal transaction for the trade and claim it was part of the Clunkers program. Then they can flip your car for it's true value and have fleeced you quite easily.
BTW, anybody else see that the Clunkers program is already out of money?
Suppose you have a later model car that is worth about $6-8,000 on the open market. You bring it in for a Trade, and the Dealership says "Sorry, it's only worth $4,500. We don't want it otherwise"...you eventually cave in and take the deal.
In reality, the Dealership will just do a normal transaction for the trade and claim it was part of the Clunkers program. Then they can flip your car for it's true value and have fleeced you quite easily.
BTW, anybody else see that the Clunkers program is already out of money?
Thread Starter
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Posting Guru
Joined: Aug 2008
Posts: 2,313
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From: Sunny, Snowy, CO
I think the Clunker program will end up being a huge scam that Dealerships are going to profit hugely from.
Suppose you have a later model car that is worth about $6-8,000 on the open market. You bring it in for a Trade, and the Dealership says "Sorry, it's only worth $4,500. We don't want it otherwise"...you eventually cave in and take the deal.
In reality, the Dealership will just do a normal transaction for the trade and claim it was part of the Clunkers program. Then they can flip your car for it's true value and have fleeced you quite easily.
BTW, anybody else see that the Clunkers program is already out of money?
Suppose you have a later model car that is worth about $6-8,000 on the open market. You bring it in for a Trade, and the Dealership says "Sorry, it's only worth $4,500. We don't want it otherwise"...you eventually cave in and take the deal.
In reality, the Dealership will just do a normal transaction for the trade and claim it was part of the Clunkers program. Then they can flip your car for it's true value and have fleeced you quite easily.
BTW, anybody else see that the Clunkers program is already out of money?
Then it gets sold to a recycler after the engine gets toasted. They strip it and have 180 days to crush it.
Congress just gave them another 2 billion to keep it going. they sold over 200,000 cars in 4 days the first time.
Moderator
Joined: May 2007
Posts: 158,421
Likes: 11,987
From: Greenfield, MA
I think the Clunker program will end up being a huge scam that Dealerships are going to profit hugely from.
Suppose you have a later model car that is worth about $6-8,000 on the open market. You bring it in for a Trade, and the Dealership says "Sorry, it's only worth $4,500. We don't want it otherwise"...you eventually cave in and take the deal.
In reality, the Dealership will just do a normal transaction for the trade and claim it was part of the Clunkers program. Then they can flip your car for it's true value and have fleeced you quite easily.
BTW, anybody else see that the Clunkers program is already out of money?
Suppose you have a later model car that is worth about $6-8,000 on the open market. You bring it in for a Trade, and the Dealership says "Sorry, it's only worth $4,500. We don't want it otherwise"...you eventually cave in and take the deal.
In reality, the Dealership will just do a normal transaction for the trade and claim it was part of the Clunkers program. Then they can flip your car for it's true value and have fleeced you quite easily.
BTW, anybody else see that the Clunkers program is already out of money?
There is an extensive paper trail that the dealership has to follow in order to claim a C4C deal. The customer must sign a form that acknoweldges the program.
ALL of the cars we have taken in were worth far less than the 3500/4500. There are however...a lot of misconceptions amongst the general public about how the program works. One of the most prevalent...at least from my experience...is that folks think they get the government allowance on top of their trade allowance.
I have run into quite a large number of folks who are asking me to "Bend" the rules for their benefit...so...it's obvious that there are scammers on both sides of the aisle.
Posting Legend
Joined: Feb 2004
Posts: 32,025
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From: Where Critters Are Free
This Cash for Clunkers is in my opinion is a another waste of tax dollars ..
Why should my Tax dollars go to a program that promotes Commie Car companys..
There is a Dealer in Boston that is taking clunkers and reselling them again...
This program needs to be stopped....WASTE WASTE WASTE...
Why should my Tax dollars go to a program that promotes Commie Car companys..
There is a Dealer in Boston that is taking clunkers and reselling them again...
This program needs to be stopped....WASTE WASTE WASTE...
Senior User
Joined: Jun 2007
Posts: 374
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Thats when people need to be smart about their money. If you know your car/truck is worth more than $4500 why take that amount? I think the program is abused or not used right by everyone and the Government cant even get this right. HEALTH CARE THEY WANT TO HANDLE TOO??? OH GOD HELP US ALL!
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Laughing Gas
Joined: Jun 2007
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I used it with a 94 F-150 wd that the body was totally rusted out, the engine and trans were both shot. Had a lot less into than the $4500 I got for the cash for clunkers. Just figured I got something back for all the taxes I've paid for the past 38 years.
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FTE Legend
Joined: Sep 2003
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From: NY and VA
According to the gov web site.. wife's 04 Grand Marquis and son's 2000 GM qualify for "clunkers" while 93 Crown Vic (190K miles) does not. BK would know for sure, but, I heard the feds can't keep up with the paperwork....
Hotshot
Joined: Feb 2003
Posts: 11,537
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From: Long Beach, Ms.
From a thread in general Automotive; https://www.ford-trucks.com/forums/8...e-qualify.html
Go here to see if you can get anything for your clunker;
http://www.edmunds.com/calculators/clunker.html
http://www.edmunds.com/cash-for-clun...ulus-bill.html
Vehicles you can trade in;
http://www.edmunds.com/cash-for-clun...-vehicles.html
Go here to see if you can get anything for your clunker;
http://www.edmunds.com/calculators/clunker.html
http://www.edmunds.com/cash-for-clun...ulus-bill.html
Vehicles you can trade in;
http://www.edmunds.com/cash-for-clun...-vehicles.html
Senior User
Joined: Nov 2005
Posts: 218
Likes: 2
From: Tampa, FL
I have 2 subordinates that are thinking about the C4C program. One guy has a 1997 Explorer Sport. Bought it in 2007 for $2000. Just had it in the shop. Needs new diff carrier bearings and new ujoints. Besides being beat to hell, its rusty, the front swaybar brackets broke and it has a ton of miles on it. It qualifies for C4C. There is no way he could get $4500 out of it selling it private party. He's looking at a brand new Civic (hes totally not into cars and has zero mechanical ability). I think its a great deal for him.
The other guy I supervise has a 1996 Lincoln MKVIII. It has 180k miles. The rear air suspension went along time ago. Its beat up, but runs good. He needs something that gets better gas mileage and goes better in the snow. EPA.gov rates his car at 18MPG combined, but on the C4C list, it does not qualify. According to C4C, it is rated at 19MPG combined. However the 1998 MKVIII qualifies. How is that possible? Its the same engine and transmission. He wants to get a Kia Spectra 5. Basic, cheap transportation with a good warranty.
The other guy I supervise has a 1996 Lincoln MKVIII. It has 180k miles. The rear air suspension went along time ago. Its beat up, but runs good. He needs something that gets better gas mileage and goes better in the snow. EPA.gov rates his car at 18MPG combined, but on the C4C list, it does not qualify. According to C4C, it is rated at 19MPG combined. However the 1998 MKVIII qualifies. How is that possible? Its the same engine and transmission. He wants to get a Kia Spectra 5. Basic, cheap transportation with a good warranty.
Moderator
Joined: May 2007
Posts: 158,421
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From: Greenfield, MA
This Cash for Clunkers is in my opinion is a another waste of tax dollars ..
Why should my Tax dollars go to a program that promotes Commie Car companys..
There is a Dealer in Boston that is taking clunkers and reselling them again...
This program needs to be stopped....WASTE WASTE WASTE...
Why should my Tax dollars go to a program that promotes Commie Car companys..
There is a Dealer in Boston that is taking clunkers and reselling them again...
This program needs to be stopped....WASTE WASTE WASTE...
I read both Boston papers and I haven't seen this published.
Senior User
Joined: Apr 2009
Posts: 125
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From: North West Lower Michigan
I have a ’95 dodge ram V10 that looks about as good as it runs… terrible. EPA rated it 10-12 (I think) right out of the box. I wish I would have known about this program back in May when I bought my ‘04 Lariat. I kept the dodge because it was pointless to get rid of something that I might be able to use on the farm. Besides, the bees have made quite a nice home in it. 
Posting Legend
Joined: Feb 2004
Posts: 32,025
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From: Where Critters Are Free
It was on Channel 4 WBZ..It was the Honda Gong-Bong Dealer from there..
He said that the Gov owed him like 800 Thousand for the program so far and if he did not get paid he was going to sell the clunkers.
This Gov is all messed up on this..They bailed like GM and Dodge...Program should be for the Big 3 not these Gong Bong Car Companies..
And people taking Gas savings over safety...My God what are they thinking