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Idea: Junkers for Clunkers?

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gmoney Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-08-09 04:20 PM
Original message
Idea: Junkers for Clunkers?
There have been a lot of concern about the CARS program being wasteful, disabling the engines of the gas guzzlers, scrapping cars that might still have some life in 'em.

Would there be any sense to evaluating the cars that people turn in, and making the fairly decent ones available on an income-qualified basis for people to trade in their real JUNKERS... the ones with no catalytic converter, or burning oil, or just plain worn out... the real shitboxes that may be too old to qualify for CARS, or people can't afford to buy a new car, even with a generous $4500 head start?

Or does that just create more grouchy people and liability questions and stuff?
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robinlynne Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-08-09 04:23 PM
Response to Original message
1. no. this is going well as is. i understand your reasoning, but let's leave a good thing
alone. what could ahppen in the future, is a similar program for used cars, trade up your v8s for v6s, but i dont think it will. this new car thing helps the industry as a whole. i think little by little the big cars will go away quietly. this si a big boost to that thinking. other countries simply use small cars. we will get there...
p.s. my shift key broke. sorry no caps today.
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MercutioATC Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-08-09 05:27 PM
Response to Reply #1
10. It's going well for what it does. The OP proposes a different goal.
C4C is providing a short-term boost to the auto industry and is has a small impact on auto emissions and fuel consumption.

...and it's only available to those with good credit and money to pay on an auto loan.


The OP's idea would take an existing pool of cars that are going to be scrapped and use them in a "second-tier" program that would trade the best of them for the REAL junkers...which would not do much for the auto industry, but would:

1) Make use of some of these "clunkers" that are going to be scrapped,

2) Help those without credit and/or the income to afford an auto loan, and

3) By reaching those with the least income, would take some of the REAL polluting cars that get truly lousy mileage off of the road.


As long as we're going to give away a bunch of money, this doesn't sound like such a bad idea.
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NYC_SKP Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-08-09 04:26 PM
Response to Original message
2. Alternatively, a program involving Used Car purchases. For Example....
I would gladly trade my 1984 Chevy El Camino with a V-8 for a later model small Mazda pick up, or similar, with a 4 cylinder engine.

A small incentive would make the difference and the resultant emissions and fuel economy difference would be similar to the intent of the CARS program.

Of course, no new jobs come of this but then no new materials have to be processed and assembled as with new cars.

:shrug:
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-08-09 04:33 PM
Response to Original message
3. I like the program as is, but its not enough
With credit only being extended to those with higher credit ratings this program cant help those most in need of help, meaning folks without platinum credit and an ability to buy a new $20-$40k car.

I really hope this doesnt end up being the only substantive program for the average person out of the administration because it leaves too many with no benefit of a stimulus.
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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-08-09 04:49 PM
Response to Reply #3
5. Buy a cheaper car?
New cars can be had for as little as $14,000. With $4,500 credit and $1,000 down that is about $136 per month for 5 years.

The program isn't limited to "platnum credit". If anything it makes it easier for more people to get credit.

Credit qualifying for car loans is based on 3 things
Credit to income ratio
Credit to value ratio
Credit score

CARS program lowers both the credit to income and credit to value ratios. You are borrowing $3000 to $4500 less (depending on actual trade in value of vehicle).



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gmoney Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-08-09 04:35 PM
Response to Original message
4. I was thinking of a phase 2 thing, yes...
a friend saw a video on the NPR website of some of the cars that are being trashed, and she was sad that all the cars they were destroying were newer and better than hers...
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sweetloukillbot Donating Member (378 posts) Send PM | Profile | Ignore Sat Aug-08-09 05:44 PM
Response to Reply #4
12. But if people could buy used cars that won't help the auto industry...
Part of the goal behind C4C was to get the auto factories running again. That wouldn't happen if you were trading your used car for a less used car.
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lame54 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-08-09 04:57 PM
Response to Original message
6. yes yes yes...
that is exactly what this program is missing

the people with the junkers that get the real bad gas mileage can't afford a new car - even with the clunker rebate

so sell them the clunkers and get the junkers off the road

I have been saying that but thanks for making a post about it
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tabatha Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-08-09 05:03 PM
Response to Original message
7. I heard that all parts except the engine were being recycled.
Spare-parts places are happy.
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gmoney Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-08-09 05:06 PM
Response to Reply #7
8. yeah, that's OK, but the most valuable part is the drivetrain, which must be trashed
while the spare parts, if everything is sold, may actually have a higher value than the entire car, but a used fender won't get you to work on a rainy morning.
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-08-09 05:19 PM
Response to Original message
9. Don't forget, the smaller cars on the used car lots aren't eligible
and will still be there for people who can't buy new cars.

The clunkers being turned in don't have a hell of a lot more life in them, anyway, the average odometer reading being 138,000 as of last Wednesday.

After the oil shocks in the 70s and without a cash for clunkers program, people with means stripped used car lots of serviceable smaller foreign cars.

The otherwise unsellable guzzlers went to people least able to feed them.

Part of the point of the program is to get oversized, inefficient cars off the road, not recycle them to pump out hydrocarbons for another 10 years. The other parts were to allow people with vehicles nobody wanted to get a trade in allowance while getting dealers off the hook for reselling them.

After all, no used car lot is desperate for these behemoths. They haven't been selling, which is why dealerships weren't giving decent trade in values for them.
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abumbyanyothername Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-08-09 05:34 PM
Response to Original message
11. I have a better idea -- rideshare . . .
Use these cars for the equivalent of Portland's old "Yellow Bike" program. Anyone could ride a city owned yellow bike anywhere and just leave it there when done. Anyone else who wanted it could ride it somewhere else.

Not sure how to handle the insurance issues, but surely something could be done.
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