Cash for Clunkers

[Ann-Marie Senior Member Find all posts View Profile Close Ann-Marie]

Not really big like car but (suppose will start at Nov)

Appliances get their own recycled clunkers programs - USATODAY.com

Jya-Ning

We took advantage of this also. Bought a new refrig and it qualifies for $75 rebate from LIPA.

[Elan Senior Member Find all posts View Profile Close Elan]

Ford adds shifts at two plants

In spite of the bungling of getting the cash to the dealers, this program seems to have been a success.

Ford adds shifts at two truck plants: Thomson Reuters Business News - MSN Money

[4ARedOctober Super Moderator Find all posts View Profile Close 4ARedOctober]

AP IMPACT: Clunker pickups traded for new pickups - Yahoo! News


AP IMPACT: Clunker pickups traded for new pickups

By TED BRIDIS, Associated Press Writer Ted Bridis, Associated Press Writer – 22 mins ago


WASHINGTON – The most common deals under the government's $3 billion Cash for Clunkers program, aimed at putting more fuel-efficient cars on the road, replaced old Ford or Chevrolet pickups with new ones that got only marginally better gas mileage, according to an analysis of new federal data by The Associated Press.

The single most common swap — which occurred more than 8,200 times — involved Ford F150 pickup owners who took advantage of a government rebate to trade their old trucks for new Ford F150s. They were 17 times more likely to buy a new F150 than, say, a Toyota Prius. The fuel economy for the new trucks ranged from 15 mpg to 17 mpg based on engine size and other factors, an improvement of just 1 mpg to 3 mpg over the clunkers.

Owners of thousands more large old Chevrolet and Dodge pickups bought new Silverado and Ram trucks, also with only barely improved mileage in the middle teens, according to AP's analysis of sales of $15.2 billion worth of vehicles at nearly 19,000 car dealerships in every state. Those deals helped the Ford F150 and Chevy Silverado — along with Ford's Escape midsize SUV — climb into the Top 10 most-popular vehicles purchased with the government rebates. The most common truck-for-truck and truck-for-SUV deals totaled at least $911 million.

In scores of deals, the government reported spending a total of $562,500 in rebates for new cars and trucks that got worse or the same mileage as the trade-ins — in apparent violation of the program's requirements. The government said it is investigating those reports and said in some cases they were probably entered incorrectly by dealers or based on outdated fuel economy figures.........

[taffy19 Gold Contributor Find all posts View Profile Close taffy19]

AP IMPACT: Clunker pickups traded for new pickups - Yahoo! News


AP IMPACT: Clunker pickups traded for new pickups

By TED BRIDIS, Associated Press Writer Ted Bridis, Associated Press Writer – 22 mins ago


WASHINGTON – The most common deals under the government's $3 billion Cash for Clunkers program, aimed at putting more fuel-efficient cars on the road, replaced old Ford or Chevrolet pickups with new ones that got only marginally better gas mileage, according to an analysis of new federal data by The Associated Press.

The single most common swap — which occurred more than 8,200 times — involved Ford F150 pickup owners who took advantage of a government rebate to trade their old trucks for new Ford F150s. They were 17 times more likely to buy a new F150 than, say, a Toyota Prius. The fuel economy for the new trucks ranged from 15 mpg to 17 mpg based on engine size and other factors, an improvement of just 1 mpg to 3 mpg over the clunkers.

Owners of thousands more large old Chevrolet and Dodge pickups bought new Silverado and Ram trucks, also with only barely improved mileage in the middle teens, according to AP's analysis of sales of $15.2 billion worth of vehicles at nearly 19,000 car dealerships in every state. Those deals helped the Ford F150 and Chevy Silverado — along with Ford's Escape midsize SUV — climb into the Top 10 most-popular vehicles purchased with the government rebates. The most common truck-for-truck and truck-for-SUV deals totaled at least $911 million.

In scores of deals, the government reported spending a total of $562,500 in rebates for new cars and trucks that got worse or the same mileage as the trade-ins — in apparent violation of the program's requirements. The government said it is investigating those reports and said in some cases they were probably entered incorrectly by dealers or based on outdated fuel economy figures.........

Not only that but people took advantage of getting rid of clunkers and bought a new electric golf cart instead. We are subsidizing golf carts now and your kids will have to pay for this one day. If that isn't absurd, what is?

[PigsDad Senior Member Find all posts View Profile Close PigsDad]

Not only that but people took advantage of getting rid of clunkers and bought a new electric golf cart instead. We are subsidizing golf carts now and your kids will have to pay for this one day. If that isn't absurd, what is?

Read the article again -- that was a separate government program that provided incentives for buying electric vehicles; it was not part of the Cash for Clunkers. Nowhere in there did it indicate that anyone was able to trade in their clunker for a golf cart.

However, it was still an absurd program...

Kurt