From the UK one, Hyundai reported that they had 4,000 clunks turned in.
The Korean automaker reports that both a Jaguar XJ-S and XJ6 have both been scrapped, as have 34 BMWs, 22 Audis and 32 vehicles from Mercedes-Benz. Six Mazda MX-5’s, seven MGFs, a 1966 Austin 1100 and a 1968 Morris Minor
Oh I know but, I wouldn’t link FOX news. lol
She must pay google a pretty penny because when I searched for other sources Huffington Post pops up. lol
Lauren Fix was on the radio this morning and she said the first clunker traded in England was traded on a GT-R. I am sure that helped the enviornment a lot. lol
UK didn’t have an environmental component
http://www.autotrader.co.uk/EDITORIAL/CARS/news/two_nissan_gtrs_bought_on_scrappage_scheme.html
I feel this law should be passed. Not only cash for clunkers would remove the older cars from the road that are often a pollution and safety hazard. But their should be some sort of carbon foot print tax that the guys with the older stock and modified cars should pay based a NYS sniffer program. Great revenue in my eyes,and may force some to pull them off and scrap them where they belong.
Before the haters start pouring in on this I can respect personal taste in cars weather it be 60 years old or 6 months old but its time we start giving back and rethinking ways to give back that we and are forefathers are taking from are children for a future with oil and a clean earth too boot.
What the fuck are you doing on a car forum?
Seriously?
There will still be plenty of beaters here.
People who drive a $200 car usually don’t do so by choice.
They live in the ghetto of Buffalo, NY and can not afford a new car, or anything better.
$4500 off a new $16000 ford 4 cylinder whatever isn’t going to happen, they still can’t afford it.
It seems like more of an incentive to change the people teetering on buying a new car, and keeping what they have.
I know a bunch of people that drive shitty escorts and make 45K+ a year. Who cares about the ghetto, hell half of them have nicer cars than most of us anyway. Seeing an H2 on 26ers in the driveway of a section 8 house… yea…
The shitty escort isn’t going to qualify because it gets as good or better MPG than the new car.
My money is on this being a complete failure of a program because so few people actually use it. I just don’t think there are that many people driving around beaters worth less than $3500 that are going to run right out and buy brand new cars, having to pay full coverage insurance on them, just because you give them $3500.
And it’s not REALLY $3500-$4500 either, since the only way you could REALLY get that much is if your current DD was worth $0. If your beater is worth $2000 you’re really only getting an incentive of $1500-2500, since you could have traded your beater in for $2k anyway. And by trading it you’d actually get $2k knocked off the amount you’ll be paying tax on of the new car, something that doesn’t appear to be the case with the incentive. The wording of the bill makes the incentive sound like a “down payment”, which means it’s applied to the after tax price. A trade in is applied to the price before tax, so you pay less tax.
Well maybe Barney Frank will DEMAND that banks give loans to people who can’t afford cars just like he did with houses. That worked great!
Don’t even joke about that because I can honestly see them doing it.
LOL Enjoying the car scene but there is nothing wrong with being responsible and putting the screws to a open source of capital if need be during these hard economic times.