Saturday Staples: Cash for Clunkers
July 25, 2009 by Miranda Marquit
Filed under Finance
It seems as though everyone but me has written about the Cash for Clunkers program at some point in the last couple of months. I thought about writing about it, but then decided that since it’s already been written 
about rather exhaustively, you can read about it from others. So, here are some great places to read about different aspects of the Cash for Clunkers program:
- Green Panda Treehouse
- Bible Money Matters
- Free From Broke
- Moolanomy
- Military Finance Network
- Amateur Asset Allocator
- Sound Money Matters
- Suburban Dollar
- Mrs. Micah
- My Life ROI
- Frugal Dad
- Saving to Invest
- Cash Money Life
- Prime Time Money
- Richer by the Day
- Consumerism Commentary
- CBS MoneyWatch
- US Post Today
- Huffington Post
I know I probably missed a few, so if you want to share your Cash for Clunkers insight, feel free to leave a link in the comments.
Image source: freeparking via Flickr
Also wrote about Cash for Clunkers on Fiscal Fizzle a few weeks ago:
http://www.fiscalfizzle.com/2009/07/cash-for-clunkers-cars/
Thanks!
havin’ a Southern Saturday mornin’ grandmas apple turnovers and a trip to the flea market. yummy.
You can certainly debate whether taxpayer A should be forced to subsidize taxpayer’s B purchase of a new car, but that just seems to be the way government has been run for quite a while…. wealth redistribution in more and more subtle ways.
That being said, this is a pretty good deal for taxpayer B as long as they aren’t already strapped with debt. In economic terms…. what you subsidize you get more of. Whether this will translate into higher sales for Government Motors or Congressional Motors remains to be seen. My bet is that Honda and Toyota will be the big beneficiaries of this program.
Thanks for the mention!
Based on the FuelEconomy web site I learned that my 1986 Olds Cutlass Supreme is over the combined 18 mpg. The reason, I have a 4 spd automatic (19 mpg) versus a 3 spd automatic (17 mpg). Is there anyway around this? All other qualification are ok.
Thomas
Thanks for sharing your link!
I really don’t know that there is a way around it. You could check with the dealer, and see what they said. But be careful! Some dealers are requiring you to agree to pay back the money if the government doesn’t accept it. So they might give you the discount to lure you in, and then make you repay the money if the government doesn’t come through. There are lots of other incentives right now, though, so while you won’t get the same discount, you could still find some good deals.