• 39
A vote could come today on a bill designed to offer credits of up to $4,500 for consumers to trade-in gas-guzzling older vehicles. The so-called "cash for clunkers" legislation is designed to stimulate auto sales, but it also stands to effectively remove gross polluters from the roads and put drivers in safer and more fuel efficient vehicles.

As you would expect, the legislation is supported by automakers and dealers – both consider the program crucial to helping them weather the current sales environment. President Barack Obama has urged Congress to pass such a bill, and the Alliance of Automobile Manufacturers has also petitioned in its favor. Similar "cash for clunkers" programs have already proven effective in many other countries. About the only thing standing in the way of this bill appears to be a competing measure, proposed by Sen. Dianne Feinstein (D-Calif.), that appears to prioritize environmental goals over automotive sales.

[Source: Detroit News]


I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • 39 Comments
      • 5 Years Ago
      this could stimulate NEW car sales. buying a NEW car for a few grand off... trade in your clunker. this is not a plan to make everyone with a car with value of less than 4500 to scrap their car. i too wish it were in effect during the highest hybrid credits, would have considered a new fusion or escape.

      as far as collectibles and restoring older cars, it's not up to you as a private citizen to decide what another citizen does with their property. if you want to keep your hyundai scoupe becuase you feel that in 45 years it'll be collectible, go for it. i doubt we'll run short on civics and 240s still.

      i don't know how the funding for this is supposed to come about, but i would def take advantage of this program for our 96 acura TL. in reality it prob doesn't matter where the funding came from, becuase it comes fromt he people no matter what.
        • 5 Years Ago
        You can forget trading in your Acura as a clunker. Even the 3.2L version gets a combined 19 mpg. A car has to get 18 mpg or less to qualify.
      ROCK WEB MEDIA
      • 5 Years Ago
      I don't qualify because my car already gets good gas mileage. But my dad swears by the car buying process here:
      http://excarsalesman.typepad.com

      I have a feeling dealers are going to automatically increase prices because of the increased demand (artificial) for great MPG cars. So the thousands of savings from this bill for consumers is not entirely accurate.

      With the price increase, I'm certain some markets you'll come out even as if they never offered this voucher. It is poorly written legislation.
      • 5 Years Ago
      Woo-hoo! Come on and pass this bill, doggone it!

      I'll be trading in our old beat-up F-150 for the VW Jetta Sportswagen TDi the SECOND this puppy comes into effect.
      • 5 Years Ago
      I agree Obama and that POS Pelosi should be carried out in handcuffs for what they have done.

      Bush was nothing compared to this. 2 billion a month on a war against terrorists who want to kill us is nothing compared to spending 787 billion in 100 days, having deficits 4 times that of Bush, and nationalizing every industry from banks to auto companies.

      Everyone who didn't vote for that ass called it - we said this would happen and the morons STILL voted for him!

      You screwed yourself America. Enjoy the downfall.
        • 5 Years Ago
        The cost for Bush's illegal and unnecessary war is around 3TRILLION, when you include the interest, healthcare for the injured, and equipment & deployment costs. Oh, and Cheney himself just said Iraq had nothing to with 9/11, and that there was never any evidence suggesting it. Who should be carried out in hand-cuffs again?
      • 5 Years Ago
      So, after Obama's $787 bn stimulus package, does anyone feel stimulated?

      If I sold guns and canned food, I'd be a millionaire by now.
        • 5 Years Ago
        The rethuglican party is nothing but a bunch of extremist, hypocritical, idiotic bigots who believe ANY conspiracy, lie, or distortion that comes out the anus of Limbaugh and the roaches on Fauxnews. This constant whining about EVERY subsidy program is getting old and tired...especially considering the giveaways to corporations during the Bush years. Of course, the rethugs in Congress fought tooth-and-nail to protect the $50Billion in subsidies to the oil companies, so it shouldn't be surprising they oppose anything that might hit the pockets of their corporate pimps.

        • 5 Years Ago
        Once again, this program REWARDS the morons. You know the idiots who've been driving SUVs for the past few years? Free hand out for them. The people driving reasonable cars that get decent mpg? No free hand out.

        WTF.

        Plus it's going to scrap a bunch of classics! If you like ANY older cars, you should be fighting against this program!
        • 5 Years Ago
        @ polo

        Wow, thats not very nice. I mean, all John was pointing out was a positive correlation between Democrats and gun legislation and attempts at blockage of our Constitutional rights. Thats not to say Republicans do better when they provided TARP or did wiretapping (thought technically a "war" had been called by Congress, giving the President "wartime" powers...a stretch on the Constitution I know). At the same time, you are only make generalized claims against Republicans (even though John didn't say he was or wasn't one). If anything, you are playing into the argument that Democrats are fools by requiring an "us vs. them" argument to counter John. I know you are better than that.

        And no, I am not a Republican or a Democrat...I think that the creation of the party system (2 or more) has created a decided lack of connection with the populace by forcing people to declare that they are either one or the other rather than have politicians simply be citizens. Lets just say I am a Constituitionalist and a Libertarian (in case you want to make fun of me or something).

        No hard feelings of course.
        • 5 Years Ago
        The rethuglican party is nothing but a bunch of extremist, hypocritical, idiotic bigots who believe ANY conspiracy, lie, or distortion that comes out the anus of Limbaugh and the roaches on Fauxnews. This constant whining about EVERY subsidy program is getting old and tired...especially considering the giveaways to corporations during the Bush years. Of course, the rethugs in Congress fought tooth-and-nail to protect the $50Billion in subsidies to the oil companies, so it shouldn't be surprising they oppose anything that might hit the pockets of their corporate pimps.
        ======

        Calm down, Qweef Odorman. Just think about how great your Dumbocrap party is, and you'll be just fine.
        • 5 Years Ago
        You got that right. The gun and ammo companies are running 24/7 production right now while they are still legal.

        One day, the bill for all this spending insanity is going to come and everyone is going to feel stimulated. Anyone who believes the campagin fairy tale that only the "top 5%" are going to experience tax increases is a fool.
      • 5 Years Ago
      This law is going to allow for some interesting car deals. Let’s say I drive a car that’s currently worth $6,000 and I’m in the market for a new car. What I want to do is find someone who owns a clunker (worth say about $500). I can make a deal with this said person to sell my car to them for $3000 in exchange for their car free. The owner of the clunker now has a newer car for about $2,500 less than market value. I in turn have $3,000 plus an additional $4,500 “in cash for clunkers money” towards a new vehicle. I’m $1,500 better off and the clunker owner is $2,500 better off. He doesn’t need to buy a new car to benefit and the worse off the clunker the better we both can make off.
        • 5 Years Ago
        The vehicle has to be titled to you, for a year, and have active insurance. Thus, your scenerio does not fly.

        Frankly, not alot of people will qualify for this program anyway.

        However, it worked in Germany............... so it must be the best thing ever.
      • 5 Years Ago
      One man's clunker is another man's classic.
      • 5 Years Ago
      I don't want to buy yuor POS clunker for any reason at any price.
      • 5 Years Ago
      It's just printing money isn't it? I fear no one understands the economics of just printing more and more money. Get ready to duck as the unintended consequences begin to fall!
      • 5 Years Ago
      Another stupid piece of liberal legislation.

      Why?

      I own a 1985 that gets 32 mpg highway and I wouldn't qualify! What is the point?

      The idea is to stimulate the economy isn't it???

      Any car a certain number of years old should qualify and who cares what mpg it gets. This up until Obama got in office WAS the United States of America.

      We USED to have freedom and liberty.

      Impeach that ass NOW before we're really screwed.
        • 5 Years Ago
        You still have freedom and liberty. Get off the La-Z-Boy and take a look around the world sometime - you'll start to feel silly for acting oppressed over a Cash for Clunkers program.
      • 5 Years Ago
      I can buy stimulating the economy as reasoning for this bill but everytime someone says its for the benefit of the enviroment it makes my blood boil, taking perfectly good cars off the road and sending them premeturely to a landfill does not help the enviroment and the increased fuel economy is such a small drop in the bucket of pollution that it makes no difference.
      • 5 Years Ago
      You know. I am getting tired of just helping people buy new houses, subsidizing loans, and generally rewarding failure. I have been thinking about getting a new car anyway. This is the perfect way for me to pay for a car without having any of the draw backs like break downs and oil changes.
    • Load More Comments