Comments on: Clunkers For Cash: Is It Even Worth It?

By: Spotting The Perfect Passive Income Opportunity – 2nd Edition | 52loans.com Blogs

Sun, 20 Sep 2009 15:39:07 +0000

[...] teenagers will be getting acne and searching for ways to clear it up until the end of time. The cash for clunkers program, on the other hand, lasted just a few short months. Which do you think will prove more [...]

By: Spotting The Perfect Passive Income Opportunity - Amateur Asset Allocator

Spotting The Perfect Passive Income Opportunity - Amateur Asset Allocator — Wed, 09 Sep 2009 11:02:07 +0000

By: Cash For Clunkers Statistics: Who Benefited? | The Wisdom Journal

Cash For Clunkers Statistics: Who Benefited? | The Wisdom Journal — Sat, 29 Aug 2009 14:52:36 +0000

[...] Cash for Clunkers: Is It Even Worth It? [...]

By: Chad

Chad — Thu, 06 Aug 2009 02:26:12 +0000

This cash for clunkers thing is a stupid idea. In most cases it results in the waste of a perfectly servicable vehicle with nothing wrong with it, that is most likely paid for. It entices people to think they are getting “Free Money” for thier “clunker” when in reality, they will most likely be saddled with a car payment for the next 60 to 84 months. Ok, so if i have a paid for “clunker” that is mechanically sound in good condition, the govt is going to give me up to 4500 dollars to destroy a perfectly good paid for car, in order to go buy a brand new car that is going to lose almost half its value in the first year to year and a half that I own the thing. tie up on average of 485.00 a month for the next 72 months, that I could have invested instead had i just kept my old car. Right now gas is 2.499 a gallon here. In order for the 4500 dollar “rebate” to pay off I would have to save over 800 gallons of fuel in the first year just to keep up with the depreciation on the new cars value in the first year. (assuming a conservative 6,500 dollar depreciation in the first year of ownership and figuring in the 4500 dollar rebate) This is STUPID!! No wonder people are broke.

By: Cash For Clunkers Suspended - Now Deadline Extended - Why? | Debt Free Adventure!

Mon, 03 Aug 2009 14:12:59 +0000

[...] Clunkers For Cash: Is It Even Worth It? [...]

By: 2009 Cash For Clunkers Program - Do Your Car Qualify?

2009 Cash For Clunkers Program - Do Your Car Qualify? — Sat, 01 Aug 2009 00:20:27 +0000

[...] Clunkers for Cash – Is it even worth it? [...]

By: Saturday Staples: Cash for Clunkers : Yielding Wealth - Personal Finance Tips - Money Management Advice

Sat, 25 Jul 2009 14:32:35 +0000

[...] Amateur Asset Allocator [...]

By: The Cash For Clunkers Program Will Not Work - Amateur Asset Allocator

The Cash For Clunkers Program Will Not Work - Amateur Asset Allocator — Wed, 22 Jul 2009 11:02:44 +0000

[...] deal. The American rules, on the other hand, are far more stringent. In order to trade in your clunker for cash, your vehicle must be less than 25 years old, must have gotten an EPA-estimated 18 miles per gallon [...]

By: Cash for Clunkers Bill Details: CARS Program | Prime Time Money

Cash for Clunkers Bill Details: CARS Program | Prime Time Money — Tue, 21 Jul 2009 21:31:14 +0000

[...] Clunkers For Cash: Is It Even Worth It? Email this to a friend?Tweet This!Share this on FacebookShare this on RedditShare this on del.icio.usShare this on TipdShare this on PFBuzz [...]

By: karenc

karenc — Mon, 20 Jul 2009 19:17:10 +0000

Cash for clunkers is really designed to get older pickups and SUVs off the road, since most passenger cars get over 18 mpg and are therefore not eligible. As you indicated in your article, the improvements to the mpg required to get a voucher for these vehicles is so little, its almost meaningless. Since the clunker has to be crushed, you kinda have to wonder what the point is.