Comments on: Cash for Clunkers Update (Car Allowance Rebate System)

By: Dwayne

Dwayne — Mon, 10 Aug 2009 16:49:07 +0000

@Jackie It will be interesting to see if your prediction is right. For those who do their homework first this is a great way to get into a new car (if you qualify). Manufacturers are giving some great rebates, match that up with a 4500 credit, that can mean getting a car at a fraction of the price you would normally pay. This also has the additional benefit of keeping some jobs going (see Toyota Plant Closing

By: Jackie

Jackie — Sun, 09 Aug 2009 21:02:55 +0000

Cash for clunkers is just another way to do away with the American way of free enterprise. If the cars traded in could be resold it might be alright but to do away with the parts which could be reused or recycled is crazy. The engine is rendered inoperable permanently. The car is crushed and shredded. This takes away from the at home mechanic to have to pay a higher cost for used parts and the new cars which are being sold the parts for them will cost a arm and a leg to replaced because the parts are unfortunatly are made overseas. Plus the car payments will have to be paid, the full coverage insurance still has to be paid, and the taxes will still be due. I am afraid in the next 8 to 12 months we will see the biggest repo that we will see in a long time.

By: Car buyer

Car buyer — Sun, 28 Jun 2009 04:42:33 +0000

Looks like the program will only go on until Nov 1, 2009 or until the amount of money that was set aside runs out.

By: Car Allowance Rebate System

Car Allowance Rebate System — Sun, 28 Jun 2009 04:39:12 +0000

Another resource is the Car Allowance Rebate System site that was set up specifically to handle questions about the program.

By: Ford

Ford — Sat, 27 Jun 2009 22:11:09 +0000

This is a great time to get rid of your old clunker and get an unbeatable deal on a new more fuel efficient car!