Notices
1967 - 1972 F-100 & Larger F-Series Trucks Discuss the Bumpsides Ford Truck

Unexpected "Cash For Clunkers" Consequence??

Thread Tools
 
Search this Thread
 
Old Oct 18, 2009 | 01:11 PM
  #16  
BobbyFord's Avatar
BobbyFord
Logistics Pro
20 Year Member
Liked
Loved
Community Favorite
Joined: Jun 2003
Posts: 3,921
Likes: 272
Originally Posted by Red2003XLT
GM, Ford, and Chrysler sell crate engines, I'll bet their business isn't hurtin'.
Chevy dumped their crate motor program when they went belly-up. Used engines are still available from boneyards.
 
Reply
Old Oct 18, 2009 | 02:00 PM
  #17  
Redcat Diesel's Avatar
Redcat Diesel
Posting Guru
Joined: Feb 2007
Posts: 1,996
Likes: 9
From: Pittsburgh,Pa.
Originally Posted by instig8r63
Chevy dumped their crate motor program when they went belly-up. Used engines are still available from boneyards.
Yes and outfits like Jasper will supply all the reman engines the market will buy.

I scored a couple of the CFC engines to tear down. When I get to it I'll post some pics of what this " Liquid Glass ' does to them. Both are 300 EFI engines and yes the remains will go back into the pile.
 
Reply
Old Oct 18, 2009 | 04:28 PM
  #18  
85e150's Avatar
85e150
Super Moderator
20 Year Member
Community Builder
Liked
Community Favorite
Joined: Apr 2004
Posts: 34,495
Likes: 2,810
Club FTE Gold Member
It would be interesting to see how that worked. The problem with "fixing" one, other than the legal issues under the program, would be oil passages I would think.
 
Reply
Old Oct 18, 2009 | 09:48 PM
  #19  
Redcat Diesel's Avatar
Redcat Diesel
Posting Guru
Joined: Feb 2007
Posts: 1,996
Likes: 9
From: Pittsburgh,Pa.
Originally Posted by 85e150six4mtod
It would be interesting to see how that worked. The problem with "fixing" one, other than the legal issues under the program, would be oil passages I would think.
I would never trust reusing the block or crank due to the potential for the liquid glass to plug oil passages. Heads and other parts may be salvageable.

The legal issues would be hard to prove. Right now it's more profitable for the scrap outfits to cut the engines out rather than crush them with the cars. There isn't a requirement stating CFC engines must be handled differently than other scrap engines so they all go into the same pile.
 
Reply
Old Oct 19, 2009 | 07:42 AM
  #20  
rogueinla's Avatar
rogueinla
Junior User
Joined: Oct 2009
Posts: 50
Likes: 0
The volume of the CFC cars is staggering, I work with a local yard, and they had over 5000 of them, they were stacking them on top of each other in the storage areas, standing them on end, anything they could do to find space. The most prevelant vehicle in domestic is the Ford Explorer, there must be 300 in the yard at any given time, next is dodge caravans, jeep cherokees and windstars. There are a lot of NICE trucks going thru here. It'd make you cry to see some of the trucks going in, a 2001 F250 V10 Super Duty, crew cab, new tires and wheels, white, leather interior, truck was spotless, and the most they got was $4500 for it, crying shame, there have been hundreds of suburbans go thru, dodge Rams, 97-98-99 F150s and 250s, most of them in really nice shape. They have so many cars they're only leaving them in the yard for a week before taking them out. The only part they've raised the prices on are the tires, instead of $13 for a tire, they get $35, and a lot of these CFC cars have new tires on them. They're working nights and sundays (which they've never done in the 25 years they've been in business) to cycle these cars thru. They only have 6 months from the end of the CFC program to deal with these cars, then they have to be crushed/shredded. The manager told me that when they sell the tires, the vehicle is paid for, all the rest is profit. There are some really nice trucks in the local yards, the 84 and up guys should be grabbing parts like mad, cause when these are gone, you won't see them again for 15 years (cars seem to run in a 10 - 15 year cycle to get into the yard, trucks 20 to 25) This is really going to skew the numbers on junk cars in a few years. Inside the motors is like glue, it's tough to pull distributors, as they're almost welded to the cams, you have to use a BIG prybar and hammer on a lot of them. A buddy who rebuilds engines flat refuses to even think about touching one of those motors, if you could get one, it's illegal to sell internal engine parts from a CFC car, anything oil circuulates thru can't be sold. Ain't our gummit wunnerful?
 
Reply
Old Oct 19, 2009 | 07:38 PM
  #21  
baitmaster's Avatar
baitmaster
Posting Guru
Joined: Mar 2003
Posts: 1,622
Likes: 0
From: nevada
can you believe this?

Maybe some of you saw the newspaper article that was ran a couple of weeks ago pertaining to some the vehicles that were turned in as "clunkers". About 97 Vettes, a couple of Lambo's, some MB's, and a bunch of other nice rides. Wonder if these made the boneyard.
 
Reply
Old Oct 20, 2009 | 01:24 AM
  #22  
jhooch's Avatar
jhooch
Posting Guru
Joined: May 2005
Posts: 1,518
Likes: 3
From: Spokane, WA
Club FTE Gold Member
Cash for Clunkers....Government run health care....incing closer and closer to socialism.
 
Reply
Old Oct 20, 2009 | 12:24 PM
  #23  
Redcat Diesel's Avatar
Redcat Diesel
Posting Guru
Joined: Feb 2007
Posts: 1,996
Likes: 9
From: Pittsburgh,Pa.
Originally Posted by baitmaster
Maybe some of you saw the newspaper article that was ran a couple of weeks ago pertaining to some the vehicles that were turned in as "clunkers". About 97 Vettes, a couple of Lambo's, some MB's, and a bunch of other nice rides. Wonder if these made the boneyard.
I didn't see any Vettes or Lambos but I did see several Mercedes, Beemers and Audis. Also saw a couple of Jaguars. They all made it into the yard. A man once said to me and I quote " The crusher has no conscience ".


jhooch, you'll get no argument from me.
 
Reply
FTE Stories

Ford Trucks for Ford Truck Enthusiasts

story-0

10 Things Every Truck Owner NEEDS (2026 Edition)

 Michael S. Palmer
story-1

Rezvani's Latest Post-Apocalytic Monster Is a Ford F-150 Raptor Underneath

 Verdad Gallardo
story-2

Top 10 Most Expensive Ford Trucks Ever Sold on Bring a Trailer

 Joe Kucinski
story-3

2027 Ford Super Duty Buyer's Guide (Every Model, Engine, & Package)

 Brett Foote
story-4

Top 10 Ford Truck Tragedies

 Joe Kucinski
story-5

AEV FXL Super Duty - the Super Duty Raptor Ford Doesn't Make

 Brett Foote
story-6

Lobo Vs Lobo: Proof the F-150 Lobo Should Be Even Lower!

 Michael S. Palmer
story-7

Ford's 2001 Explorer Sportsman Concept Looks For a New Home

 Verdad Gallardo
story-8

10 Best Ford Truck Engines We Miss the Most!

 Joe Kucinski
story-9

2026 Shelby F-150 Off-Road: Better Than a Raptor R?

 Brett Foote
Old Nov 9, 2009 | 05:04 PM
  #24  
baitmaster's Avatar
baitmaster
Posting Guru
Joined: Mar 2003
Posts: 1,622
Likes: 0
From: nevada
more money

And now it comes out that 2/3's of the CFC's would have been bought that period anyhow. So the tab for the gov came to 24,500 $ PER CAR. If there is a next CFC, I will take advantage of some of that guvment money.
 
Reply
Old Nov 9, 2009 | 07:34 PM
  #25  
19704X4F250's Avatar
19704X4F250
Posting Guru
Joined: Jun 2007
Posts: 1,724
Likes: 1
From: Butler, IN
Why?? And put our kids or grandkids (if you have any) in more debt?? It doesn't make sense for the guvment to spend $24,000 per car just to get someone to buy a car. Wouldn't it be cheaper just to give you the car??

I received this as an e-mail. True?? Not sure but it makes sense to me. We do have some smart people in here and they can cipher better than I......

Our government leaders wouldn't lie and manipulate the facts that way. . . would they???


Did you buy a new car in the "CASH FOR CLUNKERS" program????

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~


Well..... Surprise! Guess what.............?

If you traded in a clunker worth $3500, you get $4500 off for an apparent "savings" of $1000.


However, you have to pay taxes on the $4500 come April 15th (something that no auto dealer will tell you). If you are in the 30% tax bracket, you will pay $1350 on that $4500.


So, rather than save $1000, you actually pay an extra $350 to the feds. In addition, you traded in a car that was most likely paid for. Now you have 4 or 5 years of payments on a car that you did not need, that was costing you less to run than the payments that you will now be making.


But wait, it gets even better: You also got ripped off by the dealer.


For example, every dealer in Los Angles was selling the Ford Focus with all the goodies including A/C, auto transmission, power windows, etc for $12,500 the month before the "cash for clunkers" program started.


When "cash for clunkers" came along, they stopped discounting them, and instead sold them at the list price of $15,500. So, you paid $3000 more than you would have the month before. (Honda, Toyota , and Kia played the same list price game that Ford and Chevy did).


So lets do the final tally here:


You traded in a car worth: $3500

You got a discount of: $4500

---------

Net so far +$1000

But you have to pay: $1350 in taxes on the $4500

--------

Net so far: - $350

And you paid: $3000 more than the car was selling for the month before!

----------

Net total: - $3350




We could also add in the additional taxes (sales tax, state tax, etc.) on the extra $3000 that you paid for the car, along with the 5 years of interest on the car loan but lets just stop here.


So, who actually made out on the deal? The feds collected taxes on the car along with taxes on the $4500 they "gave" you. The car dealers made an extra $3000 or more on every car they sold along with the kickbacks from the manufacturers and the loan companies. The manufacturers got to dump lots of cars they could not give away the month before. And the poor stupid consumer got saddled with even more debt that they cannot afford.


Joe the consumer was convinced that he was getting $4500 in "free" money from the "government" when in fact Joe was giving away his $3500 car and paying an additional $3350 for the privilege.
 
Reply
Old Nov 9, 2009 | 07:49 PM
  #26  
Danger_Dave's Avatar
Danger_Dave
Fleet Mechanic
Joined: Dec 2006
Posts: 1,338
Likes: 6
From: UPSTATE NY
Originally Posted by anderson sc
Don't make sense. throw away what it took to make those auto's, motor's (energy). Then have to buy another new whole car that cost more energy and pollution to make. Seemed the imports came out on the good end of that program? Wonder if I'll be bailing out all those cars loan's. Wonder if those new car owners figured out yet, going to cost them lot more than if they would of just fixed the other one? What I seen, there was a lot of nice auto's junked.

ME AND MY TRUCK TO OLD CLUNCKERS.
not to mention what paid for the whole charade was yours mine and everybodys hard earned tax dollars.
that email is amazing and really sums it up.
 
Reply
Old Nov 21, 2009 | 03:42 PM
  #27  
sbechtel101's Avatar
sbechtel101
Freshman User
Joined: Nov 2009
Posts: 34
Likes: 0
I had an 87 ranger 4x4 when the CFC program started. I thought about giving it to my girlfriend to trade in and taking her 99 f250. We didn't and we both kept our trucks. I recently traded my danger ranger for a 72 f100 4x4. I'm glad I didn't buy into that government crap. I traded a $700 truck for a $5000. I see it coming to a point when the government will take our weapons, rape us more on healthcare and say they're helping us, and force all of us old steel gas guzzling automobile owners to park our favorite rides. I still love my country and I served her proudly but when I think of certain things it's hard for me to hold my head up.
 
Reply
Old Nov 21, 2009 | 06:09 PM
  #28  
anderson sc's Avatar
anderson sc
Senior User
Joined: Jun 2009
Posts: 213
Likes: 0
From: anderson sc
I HEAR YOU. My son's wife wanted to trade there 2000 auto in as a clunker. But the problem was It had stop running just at that time, turn out it was the fuel pump ($275.00) they did not have the money to fix it with new baby and all. I bought the fuel pump for them after the clunker deal. And now she's happy and with two vehicels again, that they can afford.
(Dads tough love.)
 
Reply
Old Nov 21, 2009 | 07:11 PM
  #29  
Plums72's Avatar
Plums72
Elder User
Joined: Dec 2006
Posts: 872
Likes: 0
From: South Carolina
i agree with yall, a month before the CFC program i could walk into the junkyard near where i live, or even down country roads and see my year model truck (80-86) everywhere, after the CFC they are nowhere to be found, makes it darn near impossible to find parts when you dont have deep pockets to buy OEM and that other crap
 
Reply
Old Nov 23, 2009 | 05:02 PM
  #30  
Metallheadd's Avatar
Metallheadd
Senior User
Joined: Jul 2003
Posts: 122
Likes: 0
Originally Posted by jhooch
Cash for Clunkers....Government run health care....incing closer and closer to socialism.
Careful what you say I made almost this same statement and it got removed for being too political
 
Reply



All times are GMT -5. The time now is 06:30 AM.

story-0
10 Things Every Truck Owner NEEDS (2026 Edition)

Slideshow: the best gifts for dads & grads

By Michael S. Palmer | 2026-06-02 21:45:57


VIEW MORE
story-1
Rezvani's Latest Post-Apocalytic Monster Is a Ford F-150 Raptor Underneath

Slideshow: Called the Fortress, the 850-horsepower pickup combines Raptor underpinnings with military-inspired features, survival equipment, and a starting price of $285,000.

By Verdad Gallardo | 2026-05-30 18:33:59


VIEW MORE
story-2
Top 10 Most Expensive Ford Trucks Ever Sold on Bring a Trailer

Slideshow: 10 most expensive Ford trucks ever sold on Bring a Trailer.

By Joe Kucinski | 2026-05-27 16:24:34


VIEW MORE
story-3
2027 Ford Super Duty Buyer's Guide (Every Model, Engine, & Package)

Here's everything that has changed for the latest model year.

By Brett Foote | 2026-05-27 16:17:28


VIEW MORE
story-4
Top 10 Ford Truck Tragedies

Slideshow: Top 10 Ford truck tragedies.

By Joe Kucinski | 2026-05-18 19:34:33


VIEW MORE
story-5
AEV FXL Super Duty - the Super Duty Raptor Ford Doesn't Make

And it might be even better than that.

By Brett Foote | 2026-05-18 19:26:42


VIEW MORE
story-6
Lobo Vs Lobo: Proof the F-150 Lobo Should Be Even Lower!

Slideshow: Does lowering an F-150 Lobo RUIN the ride quality?

By Michael S. Palmer | 2026-05-18 19:20:37


VIEW MORE
story-7
Ford's 2001 Explorer Sportsman Concept Looks For a New Home

Slideshow: Ford's bizarre fishing-themed Explorer concept has resurfaced after spending decades largely forgotten.

By Verdad Gallardo | 2026-05-12 18:07:46


VIEW MORE
story-8
10 Best Ford Truck Engines We Miss the Most!

Slideshow: The 10 best Ford truck engines we miss the most.

By Joe Kucinski | 2026-05-12 13:09:47


VIEW MORE
story-9
2026 Shelby F-150 Off-Road: Better Than a Raptor R?

Slideshow: first look at the 810 hp 2026 Shelby F-150 Off-Road!

By Brett Foote | 2026-05-12 12:50:07


VIEW MORE