• Cars4Charities Posted: 8/11/2009 10:24am PDT

    It isn't just mechanics and the aftermarket that are hurting as a result of cash for clunkers. Charity car donation is also hurting.

  • Dave Posted: 8/10/2009 10:15am PDT

    @John Voelcker
    Thanks for outlining exactly how the CARS program is working perfectly. We're not going to disagree with you there, its working perfectly to doll out money to an industry that has suffered the greatest bout of ignorance, arrogance and down right, management led idiocy this country has ever seen.
    This money could have been used in many other industries to help stimulate the economy and help the environment.
    This program is counter-productive to the process of evolution which we need to undertake, its doing almost nothing for the environment and helping people keep jobs in an industry that will shrink and change drastically, and more painfully if it continues, as Brian said, to build cars like its 2005.

  • Tom Posted: 8/10/2009 6:00am PDT

    Perhps the rate at which cash for clunkers is being utilized is a sign that they haven't been ambitious enough with their fuel economy requirements.

  • Steve Lewis Posted: 8/8/2009 6:15pm PDT

    As far as cash for clunkers goes, I don't know enough about it to really say what's going to happen because of it.
    I just got a kick out of the picture of the "typical" used car salesman that everyone is avoiding when they come to me for help as an auto locator in reno. Great job!

  • John Voelcker Posted: 8/8/2009 1:57pm PDT

    Sorry, forgot the link:

  • John Voelcker Posted: 8/8/2009 1:56pm PDT

    @Pam: Explain to me how "little guys" are being hurt by Cash for Clunkers?
    Also, as per the article linked below, 7 of the top 10 cars bought with clunker rebates are manufactured in North America (despite 4 of them being "import" brands): Corolla, Focus, Civic, Escape, Camry, Caliber, Cobalt. Only Prius, Fit, and Elantra are made overseas.

  • pam Posted: 8/8/2009 12:42pm PDT

    I don't think most folks turning in clunkers are paying cash for their new vehicles, that's a little far fetched.
    Someone has to be hurt in this economy and apparently the chosen one has decided it should be the little guy rather than the big 3. Funny how a lot more imports are being bought through this plan.

  • John Voelcker Posted: 8/8/2009 11:08am PDT

    @Brian: You are assuming (incorrectly) that all the new vehicles are financed! Anecdotal reports from at least a couple of dealers say that roughly HALF the people who take advantage of the vouchers are paying cash, though I don't believe statistics are being gathered on this.

  • Brian DR1665 Posted: 8/7/2009 6:51pm PDT

    An interesting thing to consider, if this program might "inject $18 billion into the economy," how might the economy, and we the people, have been better served by spending that $21 billion (18+3, after all) elsewhere?
    Had program participants not dug themselves deeper into debt for marginal increases in fuel economy (actual CO2 emissions are neither measured nor reported), how might they have spent that money every month that now goes towards their car payments? We see, here, that the mechanics on Main Street are already hurting because of this. The people too worried about getting saddled with a car payment now have one and will be looking to cut spending in other areas.
    Ah well. So long as GM and the lot can keep building cars like it's 2005, right? Who cares about actual demand?