Potential for another Cash for Clunkers

[Anonymous]

https://www.motortrend.com/news/cash-for-clunkers-revival-2020-car-deals/

[Anonymous]

I really think this only a good deal if you were buying a 20-30K car. Anything more than that and the $5K off really isn't all that great.

[Anonymous]

That's annoying. I just bought a new car and had to donate it as no one would buy it.

[Anonymous]

This is tempting, and I'm sure that's the point of it. We have a very low mileage (90k miles) 15 year old Honda Odyssey. It still runs pretty well, but it won't last forever.

[Anonymous]

Anonymous wrote:This is tempting, and I'm sure that's the point of it. We have a very low mileage (90k miles) 15 year old Honda Odyssey. It still runs pretty well, but it won't last forever.

I wouldn't be surprised if you could get more than $5K for that by selling private party.

[Anonymous]

LOL I have a 1999 Subaru with a dead battery and rusting wheel wells sitting in front of my house right now. It's my junk car for hauling garbage and Home Depot runs. I can probably get $1500 for the car on craigslist.

Daddy needs a new ride!

[Anonymous]

We'd love to buy a new car, but we want a custom order and they can't place new orders. We've been trying since January. I think they're missing parts or the production line stalled?

[Anonymous]

Did the original Cash 4 Clunkers require that you buy a new car? Or could you buy a pre-owned vehicle?

If I recall correctly, the value of the voucher was tied to the gain in combined MPG when you traded in the old vehicle for the new vehicle with better tech.

I'd really love to get a certified pre-owned pickup truck with good gas mileage.

[Anonymous]

Anonymous wrote:

Anonymous wrote:This is tempting, and I'm sure that's the point of it. We have a very low mileage (90k miles) 15 year old Honda Odyssey. It still runs pretty well, but it won't last forever.

I wouldn't be surprised if you could get more than $5K for that by selling private party.

I agree. That's probably more than $5k.

I would potentially consider taking the $5k on my 17-year-old CRV with 250k miles.

[Anonymous]

Anonymous wrote:Did the original Cash 4 Clunkers require that you buy a new car? Or could you buy a pre-owned vehicle?

If I recall correctly, the value of the voucher was tied to the gain in combined MPG when you traded in the old vehicle for the new vehicle with better tech.

I'd really love to get a certified pre-owned pickup truck with good gas mileage.

I'm pretty sure you had to buy a new car, because that's what directly helps the automakers.

[Anonymous]

Terrible idea.

[Anonymous]

Anonymous wrote:LOL I have a 1999 Subaru with a dead battery and rusting wheel wells sitting in front of my house right now. It's my junk car for hauling garbage and Home Depot runs. I can probably get $1500 for the car on craigslist.

Daddy needs a new ride!

$1,500??? Dream on.

Try $500.

[Anonymous]

I’m not buying a car til this is over

[Anonymous]

That program took tons of useful cars off the road and wasted a lot of money and energy. What a joke.

My 2006 Matrix with 68,000 miles is probably worth a grand. but it runs perfectly, and I keep it maintained. Its like a money printing machine compared to buying any new car.

It is not flashy. But I hate flashy, so its perfect.

And its only worth a grand because the tires are 3 years old. I got 500 bucks out of the ATM and thought "hey, this car's worth 50% more!"

[Anonymous]

Anonymous wrote:That program took tons of useful cars off the road and wasted a lot of money and energy. What a joke.

My 2006 Matrix with 68,000 miles is probably worth a grand. but it runs perfectly, and I keep it maintained. Its like a money printing machine compared to buying any new car.

It is not flashy. But I hate flashy, so its perfect.

And its only worth a grand because the tires are 3 years old. I got 500 bucks out of the ATM and thought "hey, this car's worth 50% more!"

Tires don't increase how much its worth.