Win.its from the new season of Its Always Sunny..."i dont know enough bout that to dispute it"
5
Win.its from the new season of Its Always Sunny..."i dont know enough bout that to dispute it"
Only one of the top five is Ford:I'd like to see what brands those Top 10 are being traded for. If they're Fords, it is a win.
autoblog said:The more things change, the more they change back again. Or something. As of August 3, Reuters reports that the number one car Cash for Clunking consumers were purchasing was the long-in-the-tooth Ford Focus. Well, just two short days later, the Focus has been dethroned and Toyota's Corolla the best selling car in the history of the world has reportedly taken the crown. Two fun piece of relevant (if tangential) trivia Corolla means "little crown" in Latin, and one example is sold about every 40 seconds, meaning that by the time you finish reading this post, two more will have found homes. In case you were wondering, Ford's price leader drops to number two and the Honda Civic has shifted into third place. Toyota has two other cars rounding out the top five, the Prius and the Camry. And just over 80% of the clunkers being traded-in are still trucks.
While Toyota releases the Yaris 5 door. I would have bought the Yaris 5 door if it were available when I was shopping.Have you guys seen that Ford ditched the hatchback Focus? WTF?
Just in the US which has an old and crappy 1st gen version. 2011 we'll get the same Focus as everyone else including the hatchback.Have you guys seen that Ford ditched the hatchback Focus? WTF?
2010 actuallyJust in the US which has an old and crappy 1st gen version. 2011 we'll get the same Focus as everyone else including the hatchback.
Quoted for awesomeness.This may stir up 2-4 more sales a MONTH at a dealership but that is not much at all. No stimulating sales there.
Through Thursday, auto dealers have made deals worth $1.9 billion and are on pace to exhaust the program's $3 billion in early September. The incentives have generated more than 457,000 vehicle sales. Administration officials said they have reviewed nearly 40 percent of the transactions and have already paid out $145 million to dealers.
Such a well reasoned response, tops the birthers and town hall crowd for sure.It's still dumb.
I thought we already went over this 4 or 5 times in this thread?Such a well reasoned response, tops the birthers and town hall crowd for sure.
Who knew 2-3 sales a month would do that to a program?Looks like its going to end on Monday. Cash depleted again.
Perhaps it would be better if they weren't as careful processing the rebates and let dealers rip them off instead
Cnn.com said:The government's results showed small cars as the top choice for shoppers looking for Cash for Clunker deals. But an independent analysis by Edmunds.com disputed those results, and showed that two full-size trucks and a small crossover SUV were actually among the top-ten buys.
The discrepancy is a result of the methods used. Edmunds.com uses traditional sales measurements, tallying sales by make and model. The government uses a more arcane measurement method that subdivides models according to engine and transmission types, counting them as separate models.
For example, the Ford Escape is available in six different versions including two- and four-wheel drive and hybrid versions. The government counts each version as a different vehicle using guidelines from the Environmental Protection Agency. Only the front wheel drive, non-hybrid version made the government's top ten list.
The Ford Escape crossover SUV, instead of being the seventh-most popular vehicle under the program, as the government ranked it, was actually the best seller, according to Edmunds.com. The government pegged the Ford Focus as the top seller.
Trucks tend to be available in more variations than cars. That's because truck buyers have a wider variety of needs than car buyers, General Motors spokesman Brian Goebel said.
keep the jeepI did a KBB, 2 door sport 4.0 liter (got the straight 6), with 105,000 (I ride my bike to work a lot), plus alloy wheels, etc, etc. and KBB says 4425 for trade in fair condition. So for now its looking like a push on the cash for clunkers program. I don't know if its worth picking up a car payment when I havn't had one in 5 years, even with the trade of in MPG. The straight 6 in those things is good for at least 200k properly maintained.
Thoughts?
On June 24, 2009, President Obama signed into law the Car Allowance Rebate System (CARS, commonly known as 'Cash-For-Clunkers'), one of several stimulus programs whose purpose was to shift expenditures by households, businesses, and governments from future periods when the economy is likely to be stronger, to the present when the economy has an abundance of unemployed resources that can be put to work at low net economic cost.
Critics of the CARS program argued that it would have little ultimate effect because most of the purchases under the program would have happened soon anyway - they were merely 'pulled forward' from the following few months. In contrast, the CEA's September 10 economic analysis of the program argued that a substantial proportion of the CARS sales were pulled forward from a far more distant future, and thus represented an important increment to aggregate demand at just the time when such demand was sorely needed.
With seven months of post-Clunkers sales data in hand (September 2009 through March 2010; see dark blue line in figure), now seems a good time for a reckoning.
...
According to a survey conducted by the Department of Transportation as part of the program, the average timeframe over which new car purchasers said they would have otherwise sold, traded in, or disposed of their old vehicle was 2.87 years - far longer than the timeframe of a few months that the program's critics hypothesized. A plausible interpretation of the available data, in fact, is that many of the CARS sales were to the kinds of thrifty people who can afford to buy a new car but normally wait until the old one is thoroughly worn out. Stimulating spending by such people is very nearly the best possible countercylical fiscal policy in an economy suffering from temporarily low aggregate demand.
It also did a lot of good for the thousands of people with Accords and civics from the early 90's that got jack $hit.I loved C4C, I got rid of my pos dodge pickup that got 11mpg and now I get 30mpg in my civic.