tag:blogger.com,1999:blog-6762928.post2142323467617511977..comments2024-01-03T05:23:36.046-08:00Comments on The Citizens: Cash For Clunkers Post that Isn't About SUVsUnknownnoreply@blogger.comBlogger10125tag:blogger.com,1999:blog-6762928.post-91291035676350484392009-08-04T12:23:51.444-07:002009-08-04T12:23:51.444-07:00I hear you Dr. S. This is the first time I get any...I hear you Dr. S. This is the first time I get anything. I should have been clear in that I meant, or I think I did at the time that everyone in the chain from the dealer to the customer get a benefit. They are trying to target specific markets, like housing. When it works, when a new buyer like myself gets in, then the bank, the seller, the realtor, the inspectors, the title companies all get a piece. My house isn't REO, it's a straight up sale. So in that sense, it worked well. But this is a rare case these days. See my post above. In some instances it works, in others it doesn't.<br /><br />Don't worry, Dr. S, we will find something out there for you! ;-)<br />I can't get a car bump either.USwestnoreply@blogger.comtag:blogger.com,1999:blog-6762928.post-20133382464362948582009-08-04T09:47:07.340-07:002009-08-04T09:47:07.340-07:00If only my old Oldsmobile had survived until now.....If only my old Oldsmobile had survived until now....Raised By Republicanshttps://www.blogger.com/profile/03461006522141969925noreply@blogger.comtag:blogger.com,1999:blog-6762928.post-82011819415965028272009-08-04T09:35:01.849-07:002009-08-04T09:35:01.849-07:00USWest writes, "There is a little something f...USWest writes, "There is a little something for everyone in these stimulus bills."<br /><br />Oh, if only! I did not receive a "stimulus check" last year (or any year) because apparently I was just over the limit. My thirteen year old Ford pickup failed to qualify as a clunker. I leased a car instead of buying, so I don't get to deduct the sales tax this year, even though you pay sales tax on an auto lease. I bought my home two years ago at the height of the market, so I don't benefit from the tax credit USWest gets for buying at the trough of the market. And even though I am now "upside down" on my loan, since I can still make my mortgage payments, the government has zero assistance for me and the banks could care less about negotiating with me. <br /><br />I know I am doing well financially and I am not seriously complaining. I am lucky to be in this position. I just wanted to note that there are quite a lot of folks like me who do not directly benefit from the economic stimulus package. If you qualify, don't take it for granted!Dr. Strangelovehttps://www.blogger.com/profile/14407042105777411150noreply@blogger.comtag:blogger.com,1999:blog-6762928.post-8794604222287576502009-08-04T09:18:42.735-07:002009-08-04T09:18:42.735-07:00When I went car shopping last weekend, I had assum...When I went car shopping last weekend, I had assumed that Ford and GM and Chrysler would have some real deals. I was certain I was going to end up with something like a Ford Focus. But boy, was I wrong! <br /><br />The Ford Focus, their budget car, has a higher starting MSRP than the Toyota Corolla or Honda Civic. For has some new hybrids, but they are not bargains either. The Ford Fusion hybrid is more expensive than the Toyota Prius or the Honda Insight hybrids.<br /><br />But as USWest notes, the entire Ford line is still generally in the midpriced $20-$35 range. GM on the other hand has a surprising number of pricier cars.Dr. Strangelovehttps://www.blogger.com/profile/14407042105777411150noreply@blogger.comtag:blogger.com,1999:blog-6762928.post-18318347232392477922009-08-04T08:33:11.880-07:002009-08-04T08:33:11.880-07:00yes, Anyon. this is why Ford is benefiting and GM ...yes, Anyon. this is why Ford is benefiting and GM isn't so much.<br /><br />Look at the pricing of GM cars . . . . may over that $40K mark.USwestnoreply@blogger.comtag:blogger.com,1999:blog-6762928.post-23066037093004505172009-08-04T07:07:21.010-07:002009-08-04T07:07:21.010-07:00It is great that the program cant be used to buy a...It is great that the program cant be used to buy a car worth more than 40KAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6762928.post-33945322263829988052009-08-04T04:48:18.297-07:002009-08-04T04:48:18.297-07:00Interesting that the auto makers are cooperating b...Interesting that the auto makers are cooperating better than the banks. If it's the way things are really working out then it might be because the banks got a really great bail out all for themselves without having to mess around with annoying costumers and stuff.Raised By Republicanshttps://www.blogger.com/profile/03461006522141969925noreply@blogger.comtag:blogger.com,1999:blog-6762928.post-8553644627496300702009-08-03T21:22:18.091-07:002009-08-03T21:22:18.091-07:00I appreciate Feinstein's approach.
Some frien...I appreciate Feinstein's approach.<br /><br />Some friends of mine have two older cars, an old Acura Legend and a Blazer. They wanted to turn in the Legend, but it got 19 MPG and to qualify, it has to be 18 MPH and no older than 25 years. So they turned in their blazer for Prius. Good for them.<br /><br />Is that people don't understand, of is that they are missing things. My friends don't know yet it they will get the benefit because they had a flood in their house and the title to their car was washed away. They have to somehow get a copy of title from the state to get the cash. So there are things like that that prevent people from taking advantage.<br /><br />This is a largely middle class program. And that is where it was targeted. <br /><br />As a first time buyer of a home, I will get an $8000 credit. So there is a little something for everyone in these stimulus bills. But the housing benefits have failed largely because the banks aren't cooperating. Auto makers are. In the automaker case, it's a clear win. In the Bank's case, it's a loss. That's why the housing plans aren't working.USwestnoreply@blogger.comtag:blogger.com,1999:blog-6762928.post-88287199679916234312009-08-03T17:30:10.432-07:002009-08-03T17:30:10.432-07:00Leaving aside for the moment, the valid points abo...Leaving aside for the moment, the valid points about land fill and junk yards that US West brought up earlier, this does look like a great stimulus program. It's saving jobs and probably saving businesses too in that it will help dealerships to get through the recession. <br /><br />And it's doing it by rapidly improving the average mpg and emissions performance of the cars on the road nation wide. <br /><br />The icing on the cake is that it is doing all this in a way that makes middle class voters really really happy. The most successful government programs keep the middle class happy. <br /><br />The Republicans are FOOLS to oppose this. Democrats should spend the August recess tightly linking Republican opposition to CFC to Republican opposition to health care reform. "See, all they do is oppose worth while programs that benefit real Americans..."Raised By Republicanshttps://www.blogger.com/profile/03461006522141969925noreply@blogger.comtag:blogger.com,1999:blog-6762928.post-80711387809850642622009-08-03T17:25:14.965-07:002009-08-03T17:25:14.965-07:00Cool. Between us we've separated the two aspec...Cool. Between us we've separated the two aspects of that thread!Raised By Republicanshttps://www.blogger.com/profile/03461006522141969925noreply@blogger.com