Cash for clunker : Again and again!!

A report was not surprised, car manufacturers have seen sales in August have increased significantly. For Clunkers "thank-cash plan, the manufacturers of automobiles in August to see about 30% of sales were made in July.

Perhaps most impressive, auto sales in August 2009 compared to August 2008 the vehicles. It 'been almost two years, due to the automotive industry have such an increase every year.

But now? Analysts know that sales will fall - but how low that point? Although

only the future, the truth, many experts predict, for Clunkers "cash consequences" of the procedure in the next 3-6 months feeling. During this period, sales of vehicles will be much lower than in August.

Some car dealers are trying to procedures clunkers are still through the funding of cash for Clunkers "cash for existing customers, as the deal" in person. The hope is to capture any customer who is unable to attend government-funded Clunkers "program" cash. Read More.....

Do "Cash for Clunkers Program" help Foreign automakers

For the clunkers "cash" plan to help Ford - and Toyota. Chrysler has seen sales of cars and light trucks increased in July to August, 5%, the modern United States to establish a new sales record.

This is the challenges of government economic stimulus plan. To pay for the taxpayers of a country, can help other companies.

Such cross-border loss, will not produce much, as long as trading partners to stimulate their economic and political tensions. Or, as the number of vehicles, local production.

See the Ford car and light truck sales grew in August, an increase of 17 percent over the same period last year. However, this is only one producer of American cars. GM's sales fell by 20 percent. Although a small increase in sales during July and August, Chrysler has seen its sales decline from last year down 15 percent.

Of course, the Federal stimulated a number of manufacturers in Asia. Sales of Hyundai Motor's Rose 47 percent over last year, hitting a record. Toyota up 10.5 per cent - the automotive industry and to enjoy their best months ever. Its North American-built vehicles accounted for an increase - and so on. Imports of Toyota Motor Sales actually declined by 7 percent a year earlier.

Honda has delivered a return of 10%. Nissan has seen a decline of 3%.

Therefore, the clunkers "cash" would probably fall, as the federal economic stimulus plan in history happened, although it may be useful rather than domestic carmakers abroad. This is a short-term and targeted. As long as the sales of motor vehicles and tanks in the autumn or so, the scheme was also seen as very timely.

The challenge is now to buy other requirements economic stimulus plan in the United States. Canadian companies are angry, are an integral part of the road was closed for the United States and other infrastructure projects to improve the process of tender things. In May this year, China set up its own 'buy their五千八百六十○ Ling Dian requirements billion recovery programs'.

30 years in the 20th century's most severe recession since the stranded, the world has so far avoided hasty protectionist measures in the long term and in depth the Great Depression. However, this does not mean that protectionism is already dead. Instead, it is creeping along, and sometimes upward. Read More.....

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Cash For clunkerfs officially over, the operators still have time

Popular in cash or Clunkers CARS program ended Monday night at 8:00 pm. Even if the discount scheme caused more than 700,000 old and the gas hungry vehicles exchanged for the same number of effective, brand-new cars and trucks, many traders are still trying to bring the correct documentation involved to get their deals approved.
According to the Ministry of Transport, as well as Star Monday, 2.58 billion dollars
worth of bids were accepted for processing - leaving only 42 million U.S. dollars credit to dealers nationally. Fortunately, the deadline for submission of extended until noon ET Tuesday, August 25th - a few hours away.

While some analysts fear that the enormous amount of vehicle sales generated cash Clunkers program could result in some sales "hangover" as the producers, the government argues that the initiative was a success. Most manufacturers planned to increase production for the rest of the year to replenish stocks sold short during the program of CARS. Which translates into more work on the car races across the country.

Many say money Clunkers program has done much to stimulate the economy beyond the automotive sector. Banks are required to OK the loan, and many dealers are an additional allowance for the extraordinary amount of processing documents required for each CARS solution. While there is some buzz about a possible renewal of the program followed the road, for now, legislators, retailers and manufacturers simply enjoy the success.
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Cash for clunkers will end soon , but how about cash for appliances?

First was cash for clunkers, is now in cash for household appliances.

300 million dollars of the federal government's program will allow people to obtain discounts from 50 to 200 dollars for the purchase of energy efficient appliances such as refrigerators, dishwashers and washing machines.


Unlike the program clunkers money, you do not trade in their old equipment to obtain discounts.

Wettsteins in La Crosse said that the rebate is not only the environment but save money in the long term. Wettstein sale Manger Bruce Swanwick says, "when you buy a front-loading washing machine for over 10 years you'll actually pay for a dryer in savings that you need water and soap you use, as in the past .

Wisconsin is scheduled for more than five million dollars for discounts. Funds for the program will probably begin in November. Read More.....

After "Cash for Clunkers"

If you were one of nearly 700,000 people who could benefit from cash for Clunkers program, congratulations, you've probably got a good deal. On the other hand, if you bought a car without a clunker in the last month I overpaid.

Prices for passenger cars during Clunkers program has gone to all but the buyer with an average of $ 3,000 received benefits, others not.

And if you absolutely need to pay to buy a car in the next two months, probably more.

This is a simple matter of supply and demand. Cash for Clunkers highly successful program has proven this wrong. For months, normally a peak period, the stock car buying low and customers are expected to increase car prices and less choice, experts say.


Clunker Program arrived late, said Jeremy Anwyl, CEO of auto website Edmunds.com.

The program was launched in February, when stocks were high and sales are at a record low in cash for Clunkers could help fill a massive fall-off in sales.

"They are probably confused with the longer the automotive industry was uptick, however," he said.

He kicked revenues grow too much, too fast, "he said. Factories could not show the car fast enough, replenishment of stocks, which have been emptied so quickly.

This means that operators are now facing a drought of new models on sale, followed by flooding.
0:00 / 4:37 Warning: Auto Sales Fall Forward

So if you want a new car at a good price, hold and spend the next two months, choosing from a good jacket.

Factories have already begun to churn out new cars to meet the stock drained. Look at the price falls in November and December, after the dealer showrooms filled before what is traditionally a slow season sale of automobiles.

Although it seems that customers want to buy a smaller car now, the program is finished, according to Edmunds.com, the decline in customer numbers fall considerably outmatched stocks.

Before the program ended on Monday evening, the prices on popular models forced upwards.

Average revenue per dealer Ford Escape has increased from around $ 1200 before the program starts Clunkers more than $ 1700 during the program, according to data from Edmunds.com. Dealer profits for Toyota Corolla has grown from less than $ 400 to about $ 830. The average profit more than doubled minibus on an average of about $ 700 to about $ 1,500.

For those who benefit from the trade clunker, the program benefits more than offset the jump in price. On the owners of medium clunker got $ 3000 more for your trade-in vehicles than would otherwise.

"The owner clunker very well," Anwyl said. "Everyone else just paid more."

Prices remain high in coming months, Anwyl predicted.

Only those who buy vehicles that do not qualify for the program as a clunker big SUVs and luxury cars, may still be able to find some offers for the coming weeks, said Jesse Toprak, an analyst at auto website prices TrueCar.com .

"You will see some large SUVs discount of 20% to 30% off sticker," he said.

For the rest, the patient will be rewarded with customers. Big incentives and discounts to get steeper in the month of November and December, Anwyl said. Read More.....

Cash for clunkers: Still have a little time left

Dealer race until the final documents to deposit cash offer thud of 3 billion U.S. dollars

Program funded by the government discount, popular among consumers when it comes to its completion and official Monday.

Dealers only on Monday to 8 pm ET to write bids offered under the program.

The government has extended the deadline for submitting requests voucher Clulnker Tuesday
at noon due to technical problems with the licensees to use the website to submit an application, the Department of Transportation announced Tuesday afternoon.

U. S. 625.000 Department of Transportation requests received from suppliers Clunkers payment orders for a total of 2.58 billion dollars from Monday morning, DOT said.

In a statement Friday the company, the National Automobile Dealers Association has urged the government to accept applications for dealer discounts up to 31 August. The group cited a slowdown in the computer, which could result in "huge demand" on Monday.

Some traders said that participate in the crock, until the end. Others said they stopped because they do not want to risk giving a discount of $ 4500 on a machine and must be paid by the government.

AutoNation (Fortune 500), the chain of the country's largest dealership, stopped making transactions in cash for clunker from Friday. AutoNation has been completed more than 12,000 retail outlets, according to spokesman Mark Cannon.

"It 'was a race a lot," says Cannon.

According to Clunkers, which was launched 27 vehicles purchased after July 1 July are eligible for a refund vouchers worth $ 3500-4500 U.S. dollars traded on cars with fuel rating of 18 miles per gallon or less.

Car buyers trading in a vehicle must show that the vehicle was called for at least a year, and most states, the car is insured. Dealers must provide copies of paper documents, among other things, the National Highway Traffic Safety Administration to obtain their discounts.

Virginia Automobile Dealers Association reported last week that about 25% of its members, dealers have left the program because of the uncertainties are paid for their bids.

Report of the Virginia auto dealers' that operators are paid only about 3% of all transactions that have been made in this state. Hall described how difficult the process of administration, with frequent problems and rejection.

E 'ugly, ugly, "said Hall.

The main trade group for operators of last-minute push to delay for traders to submit documents.
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Cash for clunkers trouble

"Cash for Clunkers," the program is a symbol of everything wrong with our political leadership. This clearly demonstrates that the Obama administration and Congress are incompetent on economic issues. It 'hard not to feel bad for Obama. Every decision is the wrong one. Any misstep proposal. It is painfully clear that Obama does not understand the Keynesian policy that set the chief priests, and its explanation is acting childish Teleprompter seems so complicated that by the end of a press conference that someone would want one just relax.

The objective is stated in cash for Clunkers program is to encourage new car purchases and to promote eco-friendly car, but it's just the wage subsidy for workers of the car. This is not very used to tell other benefits. Dealerships, shareholders car, car dealer, new cars, so buyers disappear a few pieces. So what is the big challenge capitalist hero? It 'only a few billion dollars. I think it's a widespread myth that the destruction of capital leads to prosperity, which really irritates me.

One of the criteria for obtaining "cash", requires the seller to destroy the clunker is "the engine and components for transmission, through the vessel" is the income-producing property. If it was not good, then the owner would have discarded long ago. clunker schleps Maybe the gardening tools for different jobs.
Maybe
it's the Wal-Mart, where they earn wages. Or you can use to help their friends move to a new location. Apart from the function which performs its function is to give value to the economy.
If it had a value, then the owner has discarded. The idea that the destruction of capital leads to prosperity because it creates economic activity, while the replacement the city in ruins, which is empirically false. "clunker" that is destroyed, can not be sold to poor families. Poor families could afford $ 1000 clunker, but it certainly can not afford a new car. Moreover, the economic resources ( labor, energy, metals, etc.) is diverted from the active pursuit of this government subsidized projects.

Provided that "money for Clunkers" is a pro-environment, it is equally absurd. The idea is that trade in my old jeep with a combined 18 mpg for SUVs with 22 mpg combined. This increase in fuel efficiency has led to the independence of oil and reduce CO2 emissions. Of course, if you consider all the energy that is needed to destroy the Junker and all the energy that the new vehicle (including energy, transport workers for the plant, thermal plant, run the factory, the mine raw materials for the conversion of raw materials into finished pieces, etc.) net effect is the dependence on oil and more CO2.


"Money for Clunkers" is not able to grant both of his goals. Harm the environment, because the energy needed to destroy the Junker and produce a new car is larger than the energy stored in fuel economy of new vehicles.
It is used to increase their purchases, as car buyers are simply moving the purchases, would in any case, in front, and it is unclear future demand and future buyers to wait for the next trick.

My problem with the "Cash for Clunkers" is that it is patently unfair. It 'only a transfer of wealth. So now I'm expected to subsidize the purchase of my neighbor's stupid of the Hummer H3, while the Hummer H2 (purchased with Heliocare, which is now the default), is destroyed by the seller. Read More.....

Cash for clunkers bill status

Cash for Clunkers Bill status. Sounds like a winner for many car manufacturers in particular.

Yanks are now less driving older vehicles and claim some of the stations.

Moderen more cars are not able to be worked on most of the people from all parts of the computer you have no choice but to take it in a store.

People would be flocking to dealers to trade in gas guzzlers and their purchase of new cars, this could be to help the manufacturers and Awin be for us all.

Although the money for Clunkers Bill seems to work very well

Clunker delares not all are equal. Visit http://CashForClunkersUSA.org for more information.

These are some useful FAQs on the cash for Clunkers Bill.

How do I know when my car was produced? The month and year of manufacture (eg, 1-96 (January 1996)), appear on the label of certification standards of safety that is on or around the door frame of the driver in most cars.

I do not need to obtain a voucher or enroll in this program? No. You do not need a good and are not required to register and join this program. Participating dealers new car you apply a credit, reducing the cost to be paid at the time of your purchase or rental, provided that the car you buy or hire a commercial vehicle in meeting the program requirements. The dealer will then obtain reimbursement from the government.

What is the amount of credit? The amount of the credit is $ 3500 and $ 4500, and sometimes depends on the type of car and you get the difference between fuel economy and trade of cars purchased by car. Diff wants to sign for vans work.

What is the value of the credit for the purchase or lease a new car? The value of the credit for the purchase or lease a new car registration depends on the difference between the combined use of fuel that is traded in the car and the new car that is purchased or rented. If the new vehicle has a combined fuel economy that is at least 4 but less than 10 miles per gallon higher than that traded in the car, the credit is $ 3,500.

If the new van has a price category 1 mixed fuel that is at least 5 miles per gallon higher than that traded in the car, the credit is $ 4,500.
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Cash for clunker's problem again

Here is the Chris Edwards's opinion:

Agricultural subsidies are unfair. Trade restrictions are counter-productive. Great evil of Energy Regulation. Homes because of the financial crisis helped. But to the silence of pure cash splash for the cake.

That's a great appeal because many government programs are very stupid here, but Edwards makes us wonder what it feels to have reached the program.

- A few billion dollars of wealth have been destroyed. More than 750,000 cars, many consumers would value involved for many years, were thrown in the trash. Assuming that each scrapping premium is worth $ 3,000 to an author, this means that the government would be wiped out $ 2.25 billion.

-Taxpayers have been ripped off 3 billion U.S. dollars. The government has taken my money to give people new cars are much better than mime.

-Low-income families, who tend to buy used cars, were harmed because the clunkers program will push up used car prices.

-The bureaucracy of the federal government should treat people in 1100, was added to the overall management of the scrapping premium. Again, the taxpayers lose.

-The automotive industry has received a brief period of sugar high "at the expense of lower sales future, when the program ended. The program seems to be an increase in sales of about 750,000 cars this year, but it is likely that sales will be lower in the coming years to about 750,000. The program could further damage the prospects of auto dealers and car, diverting their attention from market data, fundamental in the fight for federal funds.




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CARS the Tri-Cities Spin

In a week, from July 25 to August 1, Toyota of Tri-Cities in 74 "Clunk" under the National Car Allowance delivery system, better known as "Cash for Clunk.
The program, first of $ 1 billion of funding, is designed to encourage self-distribution of fuel and the street. It allows consumers to trade in their old cars to meet certain specifications on a new car qualifies for a rebate up to $ 4500.

But in a week, the program was financial fuel. And for many traders Clunk in cash for the program was neutral, with the approval of the Senate for $ 2 billion of additional resources.

"Our hope is that the pursuit of $ 2 billion and we have another record in his arms," said John Manterola, Toyota of Tri-Cities General Sales Manager. "Because if you can see, our good, it was new. It 'was a big hit in the arm for the Tri-Town and a wonderful opportunity to acquire customers."
Clunk car, car impact, on the wall next to their distributors Canal Drive.

Manterola said the program was a gift for clients and a boost for traders. But I do not think they are in new jobs for the Toyota of Tri-Cities.

"We do not know if it is a 10 days or 30 days of program, so I do not understand that we have more staff for a couple of weeks of the program," he said.
Craig Cavanaugh, General Sales Manager McCurley, said the concession contract Pasco Clunk has nearly 100 cars, and that in his view, the program was a great success.
But not everyone is crazy for distributors of money Clunk.
Shelley Horton, general manager of cars and trucks in Richland budget revenue, is one of the concerns for the program.

"I see positive and negative, the positive is that people out there still buy cars. And I think the idea is a good idea," said Horton. "Unfortunately, I do not have enough people. And I think it is wrong, as it helps."
Horton, who is in the car, in cash, "said Clunk program to help people, not marketing the car with a car worth more discount. E 'also concerned about the possibility of removing the market.
"My man, he can afford to buy a used car and I have no more car, because someone at work, and it was broken," said Horton.
Horton is not very Clunk, but the effect was strong all the way to the automotive industry uses. With the release of Clunk, indirectly, the government has increased the cost of auction of used cars are sold, including those not on the program, he said.
Horton believes that the program could be improved.
"If the incentive for small, more people and more products, it would be more people and not only those who can afford a new car," said Horton.

The program can also have negative effects on the social groups that can accept donations, such as Elijah's Pit Stop, a program of Bethel Church in Richland in 2006 by John Shultz, Bethel as associate pastor. Elijah's Pit Stop donated cars and gives presents to vulnerable people. There are relationships between the quality and charities afloat. Elijah's Pit Stop is approximately 100 cars per year limit.

Depreciation is a tax incentive to donate, but not with the government rebate, but. Shultz concerns, fewer people have cars, but said it was too early to say whether this will happen.
For more information on the cash Clunk, visit www.cars.gov. For more information on Elijah's Pit Stop in May Shultz at 628-0150 Bethel Church.




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Cash for Clunker

Yes, it is not possible all the people all the time.

This appears in-studio on the success of "Clunk Cash for the program for all its intentions, the promotion of agriculture, replacing the older, less efficient vehicles with new models of energy efficiency.

One of the strong complaints, the camera system of rebates is to compress the sales of a man who would be buying in the coming months, shoving all the figures for car sales in July and August. Some analysts, like George of the machine Augustaitis consultancy CSM Worldwide provides a steep drop-off at the end of cars, as well as a decrease in sales for the month.
Although it remains to be seen whether this is the case, this analysis is not the point of a Clunk main goals was to guide the purchase of fuel for vehicles and, in this regard, it is extremely positive. Until the end of the program, 750,000 vehicles were replaced by those that are about 5-10 miles per gallon more, if current trends continue. It seems unlikely that consumers have the same environmental consciousness leap without a car, especially with gas prices at a reasonable level.

Then you are in your car insurance used car dealer and recycling at the same time complaining that the car is cut off from their respective companies. Used car dealer said that the government incentives for the purchase of new vehicles and debris, which can (and gasoline) of age, while the Auto Recycling Association gripes that the engines are destroyed by the program are most valuable elements of the case of vehicles, 30% to 35% of revenue for each car.
But it is quite ridiculous to say that most of the 750,000 vehicles were up at the end of profits for the auto recycling. Many of these vehicles is enough to use many operators for several months or years, according to analysts CSM. It is not the $ 200 credit for scrapping of vessels on the edge of the car and $ 300 from other parties a simple unexpected increase in a difficult economic period?

Bob Cole of North Shore Towing Services and Recycling in Evanston, Illinois, said so, probably. He told the Chicago Tribune: "I have been very active to see that this is a good thing. It 'good for me and for all."
Clunk same business case for manufacturers of sodium silicate, the chemical engines of killing. 1. Ayd Corp of Illinois has packed and sodium silicate for about 600 cars, General Manager Joe Sostaric - sale and would not have happened without cars.

Of course, this does not stop him from the rostrum to say that ends once CARS: "These are sales of sodium silicate.
Think that is not, so everyone happy.



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Clunker cars program and pollution

Last week commentor's position on the flow of Clunk argued that the new expanded program better than others because of state subsidies its positive effects on the environment. So I have some 'research and it seems that the "green" benefits of this program may be wild exaggeration.

It 'was a good summary of these modest results in the "Washington Post" on Sunday by researchers Lee Schipper, Joel Mehler, Brian Gould, and Chris Ganson. And others, the conclusion that net earnings for the program are very low Clunk.
It 'true that, until now, the car, under the program was a little' less miles per gallon of Classical Age, vehicles, and vehicles purchased under the program, approximately 10% more efficient than auto d 'bought time this year. It 'a good thing.

However, as my colleague Bob Williams and others have stressed the need for new cars, old car. Much more. On average, the party is given a new car is 25% more than 10 years, an old vehicle, and two times more than 14 years, a Clunk. Not so good.

Therefore, new cars more miles per gallon, but because they are still a lot, they drink almost as many gallons. Net-net, from friends and Schipper, CO2 emissions by a measurable just 0.04%.
Others noted the cost of the construction of new passenger cars and suggested that if a clean transport, the true goal of the program, would be the end of the purchase of the model energy efficient. But they are not eligible.
Finally, the program rewards owners and energy inefficient cars and the purchaser of the fuel on. Instead of a fuel subsidy for the new car, would be the effect, the program, instead of links on new car MPG increase over the previous vehicle. It subsidizes marginal for small SUVs, vans and pick-up for cars, to encourage the purchase of containers of fuel.

Thus, a new car for the entire $ 4500 credit, if his period of at least 10 MPG better than Clunk. But an SUV full of credit may include, if not 2 MPG better than the trade in car. Not a real program to focus green that, in this way.
Conclusion: The Clunk trade in new cars can easily reduce. But the program is far from being environmentally friendly way to spend 3 billion dollars. Let's face it, this program is largely for the purchase of new vehicles which are not the reduction of greenhouse gases.


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Another reason to hate Cash For Clunkers: Higher used car prices

I've a sentence in cash Clunk program for some time - particularly because I think of stupid someone had the idea of a long period.


But here's yet another reason to hate, that's during the low-priced imports is not available and therefore low-income and moderate emergency transport at affordable prices. According to USA Today, "The popular cash Clunk program, extended by Congress last week with $ 2 billion more in the Confederation of incitement, calls for all the old fuel for fuel - are not resold." As 750,000 vehicles, there will never be created, for many of the car, which still have many years of life left in them.

How Verriss Clunk performance of up to $ 4500, fully racket, which has a splendid alternative to wasteful auto loans are now in poverty and a brief to support the car bailed industry.How much of the impact of this on? Mike Williams, owner of the test car in Shelbyville, Kentucky, USA Today said that "$ 3,000 - $ 5,000 for the car has just disappeared."

Clunk cash to be good for America, but really force people, car loan, if any Personal Finance expert on the planet are you saying that the bond money to buy a car that is the way to the end of fallow.

Cash Clunk is a violent man, who can at least - and the average people on the trade of used cars car loans instead of savings for retirement.



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Cash for Clunk : A shock to some charities

CHICAGO - vehicles are already lined up for a weekly car auction benefiting Texans Can, a charity which helps at-risk adolescents and their families, potential donors, in name, had changed his mind.

"You said, who went further and trade in the 'Clunk cash" program, "said Cheryl Rios, Vice President of Dallas-based charity, more than 6000 students.

It is believed, can Texas lost $ 75,000 for the Federal Republic of the program.


While "cash for Clunk" was hit by a huge machine trying to attract customers with discounts of up to $ 4500 for trade in gas fuel new cars with low fuel consumption, some industry associations, vehicle donations for funding say that "King is less cars and trucks.

But others, the program is a blessing for the implementation of awareness and economic activity in a market that is suffering.
Mike Muzzi fears Clunk program would be bad news for Good News Garage, an affiliate of Lutheran Social Services of New England. But Muzzi, director of the Vermont program, since the corrections to low-cost cars and families to struggle, which some auto dealers with potential customers, don't strictly "cash for Clunk" requirements companies have Muzzi's fashion.

"It's not a straight line, you can learn from" Money for Clunk "and an increase in donations," said Muzzi. "But we are seeing an increase in donations. Last year was a record year for us.
Lots of love and economic observers says still too early to determine how Clunk in the final analysis, the impact on. It is logical that many charities would be violated, "said John List, an economic professor at the University of Chicago, a collection of funds. "It's intuition now. All the experts recommend."
Goodwill Industries International Inc. uses the $ 14.5 million was donated 28,000 vehicles each year to fund training programs.
Although this is not to draw conclusions about the impact on donations, Rockville, Md.-based charity "is a bit 'skeptical," said President and CEO, Jim Gibbons
"It 's absolutely the risk of negative consequences for us and the other skills, services for people at a time of difficult economic conditions," said Gibbons. "If these results in the capacity, not fund programs, we believe that a new program must be created."
Rick Watkins, Head of Charitable Auto Resources, a company in San Diego automatically donated nearly 800 works of charity, he said not only to its customers than cars, but you can receive is poor form and less money to recover

Charitable organizations, "ask me every day that gives reach, with the Clunk money for the program, "said Watkins."The answer is that we have" even less to get donations, and fetch lower quality. "
Elena Ortega, responsible for numerous Motors, a car donation in Ventura County, California, with the exception of a decline in donations over the past, that's, including the destruction of a car driving down Clunk under the program.
"I've got a waiting list of families waiting for 80 cars," he says. "C's madness, and their breaking




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Clunk yesterday today and Hot Rods

Public service broadcasting, I heard one of billions in an interview on cars sold are the result of incitement to Clunk. Probably their sales efforts for the day. Billion can also told the truth about the problem of cars Clunk acted, but in some areas and other retailers, improvement of cars dumped in Clunk program as many of us and many of 'them better than other cars on the road. Destruction of the best "Clunk" seems like a terrible waste of transport and energy at affordable prices and tearing, etc.


I propose a two-tier system best "Clunk" in it can be repaired and sold by the government (or the broker / dealer of the Government) Persons with vehicles that are even worse for cars from the road really Clunk. The worst are the cars most often people who can not, in new cars today with a gift of $ 4500 to major car manufacturers as a deposit. Trading, more "Clunk" off-the-worse for cars in a dual class system, the worst cars of the road.

It also appears that some minimum repayment of the loan should Clunk. Maybe $ 25 a month for a maximum of 10 years, without interest or is not being paid, if the vehicle is destroyed, etc. If an additional $ 25 per month to kill the payment of an agreement on a new machine, you reach a agreement, that does not begin with no matter how many benefits to retailers or to the environment. Briefly much of the ball Bang.





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Cash for Clunk Mechanics, aftermarket already hurt?

Ive heard a lot of cash good for Clunk program in recent days. E 'essence of off-road vehicles for the benefit of the consumer for, potentially safer, and destroys the economy of dealers and car

In an immediate sense, looks good, right?

But many pages may be acid gradually, as the program officially known as the discount Car System (CARS) has now a second wind in the form of an extension of $ 2 billion. There I saw a series of reports in recent days, as the Reno Gazette-Journal, that the program takes the work of the machinery used by both dealers and auto repair, with its relationship with increased job undone.

The sharp reversal of a trend, which until recent years that if the auto repair business booming, especially for non-mechanical, many owners and repair, instead of buying a new car. But for many customers, the question of reparations, if they have the potential, in fact, a new car at a deep discount ..

Meanwhile, estimates that the program could inject up to $ 18 billion economy, while the finance, insurance, industry, suppliers and their suppliers.

It's an impressive number, but starts very small, considering the potential long-term mechanical and the market. According to the Wall Street Journal, there are about 164,000 independent shops across the country.

A small shop of two-man in Reno reported the loss of about $ 1400 in compensation, a few days. If this occurs throughout the country, that great economic importance, which must also be taken into account. Thus, l likely long-term economic impact on the mechanism could billion.

The WSJ also reports that the market for spare parts of cars as a whole could be one of the biggest losers, it \ 'sa $ 250 billion industry, $ 4.6 million, including non-mechanical

Automotive Service Association (ASA) has successfully completed a lobbying Congress to restore option, such as those currently in California, Texas and on the invoice.

Calculating the economic impact of the program is very complex Clunk. For example, salvage yards and distributors parties are provided to the process, first, even if it could lead to lower prices for the parts used for some very Clunk trade-ins. According to a spokesman for Spokane-audit report, citing a recycler parts, it is expected that "more convenient for decades."

It \ 's also the concern that the 750, 000 jalopies, which are projected from the road, the nation \' s general supply of vehicles used by about five per cent, Kelley Blue Book, and a pinch, to derive values of used cars, temporarily, in a scenario that, at the end of business and low-income households worse, even more, at the end of 'years

Moreover, the ecological point of view, it's not yet clear answer. Environmental costs of construction, as many other vehicles is significant, being replaced by new and older vehicles, instead of simply demolishing them could be in fact a slight increase in vehicle miles path (VMT), do not lead to the presumed reduction in consumption of gasoline.

The expansion allows CARS funds for about half a million more trade-ins, and may already be used in a matter of days. By all means, if you think about a new vehicle in the near future, now it's probably time.

And economic, perhaps a few months after you \ 'll know if this is a good idea or not



Read More.....

Here's a new car, buyers are not reading on the home page of Kelley Blue Book. Via press release, the car DIY Guide wonder what will happen if the federal government ceases to exit free money Clunk buyer control of a new car. Unless the regime of money for an indefinite period Clunk extended (a possibility), and
an increase in other types of vehicles (less possible, but unlikely), the bladder will burst. And then, poor things. The euphoria, the reality.

"The operators have increased the pedestrians, creating a false sense of recovery of the car market," said Alec Gutierrez, senior analyst for the assessment of vehicles Kelley Blue Book. "As a result, distributors are available for the renovation of the warehouse property values obtained. However, to reduce the impact of that magnitude would have a huge impact on these values in the short term, which is already limited auction. If the bull move, traders, at the end of most of the stocks of both new and used and are forced to discount deeply to remove the excess inventory, the guide to decrease the values. Finally, it is possible, a serious decline in sales of vehicles, not just the money for Clunk funding program. " Read More.....

$ 2 billion more for the car trade-ins Clunk passports Senate

If the legislators to Capitol Hill on legislation Wee place an hour earlier, is often seen as a movement of those who smoke feel JET, as you try to leave the city.

In this case, it may be that the senators felt the exhaust gas

In one of the last pieces of business before the Senate a month long recession, a member of $ 2 billion extension of the "Cash for the program that buyers Clunk $ 4500 in exchange for trade in on old cars and fuels.

The Senate, 60-37, and many Republicans complain that this is yet another rescue operation was not necessary. But in recent weeks or so after the first $ 1 billion, has appeared for the unexpected, the car and car insurance clamored more. Ray LAHOOD transport minister, a former Republican member of Congress, has already warned that if the measure was not approved, the program outputs would be really good.
Senator Chuck Schumer, Democrat of New York, announced his chamber, the passage of this extension - (The House had already done so), with the words:
This renewal is a Win-Win-Win. This is a victory for families to purchase new vehicles for the maintenance of jobs in the automotive sector and reduce our dependence on foreign oil. It must and will move to the task of power.
President Obama weighting and immediately with this report on the program, which some have touted data on car sales in the last month or so:
I would like the United States Senate, the two parties in a way for the Recovery Console to use the law to extend "Clunk cash" program. Now, most American consumers have the option to buy new vehicles more fuel efficient and the U.S. economy is always an emergency situation for the impulse. "Clunk for Cash" was a success: The first stores are more than 50% increase in fuel consumption, which generate $ 700 to $ 1,000 in annual savings for consumers to reduce gas, and are always the old, dirty and polluting air and land, heavy weight of the road for good.

Companies across the country - small retailers and suppliers to major automotive manufacturers - the people are still at work as a result of this program. I would like to thank Leaders Reid and members of the Senate, which quickly for a program, that the resumption of our services and our industry, reducing our dependence on oil economy.

There were some interesting on the road this week, or whether, as the program under the microscope for an extension. We have already indicated that sales of cars were in July, perhaps because of delays in implementation of the program.

The criticism that some cars have been purchased abroad, or that the old trading system can be reused as a "limousine liberal", how to purchase car at some point soon.

As you and others have pointed out, the period is $ 2 billion infusion last? The original $ 1 billion was stolen, not just car was disturbing, the way in which they are held. Read More.....

Clunker cars policy makes Automakers run out of cars

Perhaps the Senate should be based on the plan to extend cash for Clunk, at least until the producers and distributors can stock recovery

Unless, WSJ, the program has requested, in order to reduce inventory, will probably work well


Galpin Ford North Hills, California, the country \ 's largest Ford dealer by sales, is low at the time and frequency of discharge compressed Focus, General Manager Terry Miller said Tuesday. Emphasis will be placed on the Top Sellers of the model under Clunker cars program, and the exhaust is in the top 10 best sellers, according to the Transport Division


It is a same story in the Philadelphia area, where the dealer Dodge Chrysler Jeep and businesses owned by David Kelleher Jeep Patriot and Jeep Wranglers and Dodge Avenger sedans almost

Chrysler's stock are more stringent than for most other car manufacturers, the company, because the closure of its work, while the new bankruptcy court in May and part of June, and deliveries to its affiliates down. Read More.....

Clunker cars program seems to have a ploblem !!

The Government of "Cash for Clunk program, consumers with $ 4500 discount if the commercial vehicle Clunk are more fuel efficient, is money - $ 1 billion, was up in November but demand was so high that Funds are provided to evaporate in a few days. So, the house of another 2 billion dollars for the program to the House space for detained last week.

But the Senate is not the cough, the voice, the program, at least until Friday the postponement of its members. A Republican, the "boondoggle" and most Democrats against him too.

Democratic Senator Claire McCaskill of Missouri said he was the instigator of the funds for the program, but opposes an extension

Many of the messages refer to the sales plan for "success" because of strong demand. The analysts, the popularity of the program throughout the country to ensure that one or the other way, the program is still - even if the Congress says "No". Read More.....

Scrambler Government for money Clunk Suspension

It seems certain that the liquidity Clunkers program: Consumers are glad the Government of discounts when purchasing new vehicles.

Apart from the confusion that reigned on Friday.

The fate of 1 billion U.S. dollars in the exchange program was in the air on the concerns that have already burned their May by means of less than a week after it officially started.

And you do not know how long the car buyers are able to trade clunkers according to reports on Thursday evening that the program is stopped.


On Friday, the Obama that he worked with the Congress to try to spend more money and the licenses Clunkers would be honored by the weekend.

"The program is also called" for all those who have, to buy a car at the weekend, the White House spokesman Robert Gibbs told CNN. "This program seems to be a success for the clients of cars, car dealers, car and taxpayers."

One of the greatest masters of the program of the Congress, Senator Debbie Stabenow, D-Mich., CNN said that Michigan, Ohio, Indiana and the delegations in Congress to expand by $ 2 billion Clunkers program.

Stabenow said pressure has an important stimulus for the economy and led to sales of 200,000 cars.

"I am very pleased to hear that all its dealers and vendors are busy they are selling more cars in one day that they were in several months," said Stabenow.

During this time, the Ministry of Transport was sort of how the plan of the funds has already begun.

Cash for Clunkers, the Congress in June, at the end of the 1st November, or each time $ 1 billion of the budget spent. A first version of the proposal Clunkers it is called before Congress to 4 billion U.S. Dollar.

On Friday morning, the official representative of the Government CARS.gov site used to attract retailers and consumers the information on the card, still showed $ 780 million into the coffers.

But many are still agreements that are still be processed, according to traders.

Brian Benstock, president of Paragon Honda Woodside, NY, said that his office had already 60 old scrap heap since 1 July, the date on which bids are accepted.

The agreement was signed in the last night 11:55, Benstock said, according to reports in circulation that the program be suspended.

"We are customers to say, 'We are the only merchants on the Boulevard du Nord. You have four minutes," he says.

The customer in a former Mitsubushi Diamante sedan a new Honda CR-V crossover SUV.

Benstock says he was surprised to hear that already have reached its limits. Like many dealers, "he says, he had already bought ads in newspapers and Friday had 176,000 cards sent directly to the owner in the enjoyment Clunkers in the region.

"Can you imagine the situation we were last night?" he says. "We had 176,000 missiles in the air and we are meeting is invalid."

Bob Goldberg, general manager of Nissan's premium in New Rochelle, NY, said he had already discounts of $ 27,000 to six former scrap heap door when he heard the final reports Thursday.

Goldberg said:"I have not slept at all last night," "I feel terrible. Suddenly, the money is not there anymore. It is a little nervous wracking."

As part of the adoption of the vehicles after 1 July entitled to reimbursement of the vouchers, worth $ 3,500 to $ 4.500 Gas Guzzlers negotiated. The vehicle must be combined for the streets of the city and the fuel economy ratings of 18 miles per gallon or less.

The program aims to promote the automobile industry, under the difficult inefficiency cars off the road and to promote new sales.

"With this program we provide for the automotive industry with a bullet in the arm and the consumer can look for their gas and buying a reliable Guzzlers lower fuel consumption of the vehicle" Transport Secretary Ray LaHood, in a statement on Monday.

Domestic sales of cars were heavily influenced by the recession and credit crunch and help the bankruptcy and government leaders to save General Motors and Chrysler. In June 2009, seasonally adjusted annual sales fell to 9.7 million, representing a rate of fewer than in recent years

Credit: cnnmoney.com Read More.....