Comments on: Cash for Clunkers: What You Need to Know

By: 5 Lessons from Cash for Clunkers for the Green Car Market « Energy Portfolio Managers Blog

Thu, 03 Sep 2009 17:18:28 +0000

[...] kick in ,500 towards new vehicles getting as little as 18 MPG, depending on the trade-in), but it beat out a competing proposal that wouldn’t have taken fuel efficiency into account at all in the criteria for trade-in [...]

By: aaron

aaron — Thu, 06 Aug 2009 18:55:15 +0000

where do the cars we traded in go?

By: dan

dan — Mon, 03 Aug 2009 22:09:59 +0000

wish they'd consider the effective MPG or the current value rather than listed, cuz my 1995 accord is not getting 24 MPG anymore... Hate to get screwed by doing the right thing to begin with.

By: Cash for Clunkers Update: Incentives End Tomorrow Unless Senate OKs More Funds

Cash for Clunkers Update: Incentives End Tomorrow Unless Senate OKs More Funds — Mon, 03 Aug 2009 18:56:53 +0000

[...] more funds without some green strings attached, the Wall Street Journal reports. As we’ve explained before, the cash for clunkers proposal that ended up getting the OK in June beat out a competing proposal [...]

By: patrick

patrick — Sun, 26 Jul 2009 15:30:38 +0000

what about the insurance do you have to have full coverage on it

By: Ford Posts Profit, Eyes Fuel Sippers to Aid Full Turnaround

Ford Posts Profit, Eyes Fuel Sippers to Aid Full Turnaround — Thu, 23 Jul 2009 18:11:09 +0000

[...] van for small businesses — which gets 22 MPG for city driving and can qualify for the new cash-for-clunkers vouchers – stateside. (It’s been available in Europe since [...]

By: Josie Garthwaite

Josie Garthwaite — Fri, 17 Jul 2009 01:02:08 +0000

@Mike Massa - Do you think there should be an upper limit for qualifying MPGs? It seems to me that since there isn't an infinite supply of cash, the top priority should be getting the worst, dirtiest clunkers off the road.

@Cash for Clunkers Ford Dealer - I agree that there has to be a limit somewhere.

By: Cash for Clunkers Ford Dealer

Cash for Clunkers Ford Dealer — Thu, 16 Jul 2009 22:00:00 +0000

“As Business Insider points out today, there’s also the problem that if a car is worth more than the voucher for which it qualifies, the driver would be better off just taking the regular trade-in value.”
I’ve never really thought about that… In reading some other blogs regarding Cash for Clunkers, people seem to be really upset about the fact that the program does not apply to used cars. The program cannot satisfy everyone and if it applied to used and new cars, how much money would the government then be giving out?

By: Mike Massa

Mike Massa — Wed, 15 Jul 2009 10:49:53 +0000

This legislation needs amended to include folks who are willing to trade their cars that average MORE than the 18MPG for cars that get at least 5 MPG More….no matter WHAT they are driving. I would gladly take the deal but my car gets about 22 MPG average already (according to the NEW MPG ratings). I’d like a PRIUS….but they are way too expensive. That would about DOUBLE my gas mileage. In essence, this law penalizes those of us who were frugal in their car purchase in the first place, by buying cars that got decent mileage in the first place…but now cannot use the plan since the requirement is UNDER 18 MPG average! I have 175,000 miles on my 2001 car….but looks like it will be on the road a while longer.

By: fred armstrong

fred armstrong — Wed, 01 Jul 2009 15:32:41 +0000

what about senior who are retired and have these old clunker, and live on a fixed income. can we apply.? if we can afford the monthly payment.