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Therefore, the trade-in value of the vehicle is not likely to exceed its scrap value. Purchasers should not expect to receive the same trade-in value as they might if the vehicle were to remain on the road. The Act also requires dealers to disclose to purchasers the scrap value of the trade-in vehicle...
The agency...defines a “purchaser”...as a person purchasing or leasing a new vehicle under the CARS program.
Purchaser means a person purchasing or leasing a new vehicle under the CARS Program.
Hmmm... I wonder if I can get the driver's door to the truck fixed so I can actually open it -- otherwise I will just have to leave the window down all the time and slide in like Dukes of Hazard! :P
Give me a break. That is about like me telling my wife I'm going to charge her $50 to drop her car off for an oil change and therefore the oil change is costing me $75, rather than $25.
By the way you are not quoting the portion of the act I was refering to when it talks about the dealer negotiating scrap value.
No different then the fact it cost the used car department more to get an oil change then it does a customer
If I was a mechanic I would not want to stop on a paying job to mess with something that is not paying me squat. Thats what a $30 charge would get them after you net it out squat. I also have no idea how much Sodium Silicate cost. Thats what the Gov says you have to use.
I didn't say the purchaser is "entitled" to anything, however, one would think that the language requiring disclosure to the purchaser is there for a reason and the statement that the purchaser should not expect to get more than the scrap value of the car, certainly implies that they may expect to get the scrap value, less $50.
I see no use of the term "purchaser" to mean the purchaser of the scrap vehicle in either the law or the code. Maybe you would like to point out exactly what you are refering to?
The law does clearly state that the dealer should expect to get exactly $50:
...permit the dealer to retain $50 of any
amounts paid to the dealer for scrappage of the automobile as
payment for any administrative costs to the dealer associated
with participation in the Program
He also said that even if I had proof that fueleconomy.gov had previously rated my vehicle at 18mpg, for the purpose of the CARS program, the only data that can be used is that which is CURRENTLY on the website.
Since this sudden upgrading of fuel economy appears to have happened to many other people, it might be useful everyone to whom this has happened calls and lets the people at CARS know (be prepared to be on hold for awhile; it's very hard to get through).
Theoretically, Saturn will continue in business under Roger Penske, who historically is a very sharp businessman. GM will theoretically continue in business now that the government is a major stakeholder. Your particular car has a Honda drivetrain. So, I really don't see parts availability as that big of an issue.
Seems to me you are almost always better off financially just driving a car as long as you can....
That said, if you really want a new car, now is the time to take advantage of the 'cash for clunkers' deal.
Just my 2 cents
you get back $150.00.
"The program requires the scrapping of your eligible trade-in vehicle, and that the dealer disclose to you an estimate of the scrap value of your trade-in. The scrap value, however minimal, will be in addition to the rebate, and not in place of the rebate."
many dealers are pocketing the money and giving the buyer a song and dance. Simply turn them in for fraud. A few $15,000 fines per cars will wake them up.
That's not true, the dealer is supposed to give you the scrap value - $50. I am thinking of trading in my 2002 Mazda MPV. If I trade it in regularly I probably will get $2k, if I sell it outside I can probably get $3k, if I trade it under CARS I'd get $4.5k. I don't expect the dealer to give me all the scrap value but considering he can strip the airbags, the doors, the body panels, the leather seats, etc... He can make a lot of money selling the parts.
However, if you had it in mind to replace the '98 pickup, now would be the time for sure, and Chrysler is matching the C4C money, so that would be $9000 off a new Dakota, plus whatever else you could negotiate. Find a bare-bones one, and you could get it pretty cheaply, I would think.
2014 Mini Cooper (stick shift of course), 2016 Camry hybrid, 2009 Outback Sport 5-spd (keeping the stick alive)
Purchase new, he can purchase a Chev 1/2 ton 4wd 5.3 eng, 6sp trans. rated 16mpg. rating -2 mpg. Still get the $4500.
Yet with my suburban, 4wd, k1500, rated at 10mpg, I can't purchase the same vehicle (suburban new) or any other truck with tow capability 4wd. I call it the anti joe amendment. :mad:
The most common vehicle was all generations of Chevy S-10 based Blazers. Next were first gen Explorers, Windstars, Mopar minvans, Durangos, Suburbans, and old Nissan Quests. There were very few cars, of which there were some 90's Town Cars and Caddys.
Just a few pick-ups were in the lots, however. Saw a 94 Dodge Ram and one old F-150.
So I called the Department of Energy informational number that is listed on the fueleconomy.gov website. I asked the very pleasant woman who answered how the combined MPG was calculated. As expected she said it is a weighted average of 55% city and 45% highway -- (city*55%)+(highway*45%)=combined MPG
Then I asked if the city/highway numbers used in the calculation were the whole numbers listed on the website. She answered that yes, those were the numbers used -- then she asked why -- so I told her my whole story about my truck being 17/21 but 19 combined and the manual transmission being 17/22 and getting 18 combined. She agreed that it was odd, but there wasn't anything she could do, except suggest that I email the people in charge of the website. Which I did -- again!
The Saga Continues!
Purchase new, he can purchase a Chev 1/2 ton 4wd 5.3 eng, 6sp trans. rated 16mpg. rating -2 mpg. Still get the $4500. "
I think the website screwed up. Because if you read the actual wording of the rules, it says that "If both the new vehicle and the traded-in vehicle are category 2 trucks and the combined fuel economy value of the new vehicle is at least 1, but less than 2, miles per gallon higher than the combined fuel economy value of the traded in vehicle, the credit is $3,500. If both the new vehicle and the traded-in vehicle are category 2 trucks and the combined fuel economy of the new vehicle is at least 2 miles per gallon higher than that of the traded-in vehicle, the credit is $4,500."
So you need at least a +2 mph improvement to get the $4500 rebate. I still think 2 mph is ridiculously low to get the rebate but that's another story.
But, Last Satureday I rrelized that EPA has changed the information at their web page for a 1993 Toyota Automatic 4-spd, (FFS), from 18 MPG to 19 MPG.
Please check below from Updated MPG
Toyota Camry 4 cyl, 2.2 L, Automatic 4-spd, (FFS), Regular 21
Toyota Camry 4 cyl, 2.2 L, Manual 5-spd, (FFS), Regular 22
Toyota Camry 6 cyl, 2.9 L, Automatic 4-spd, (FFS), Regular 19
Toyota Camry 6 cyl, 2.9 L, Manual 5-spd, (FFS), Regular 18
Dose it make sense that Toyota Camry 6 cyl, 2.9 L, Automatic gets more MPG than Toyota Camry 6 cyl, 2.9 L, Manual ...?
I'm so sad!!! Please return to MY MPG...
A category 2 truck is a large van or a large pickup truck, based upon the length of the wheelbase (more than 115 inches for pickup trucks and more than 124 inches for vans). Note: some pickup trucks and cargo vans exceeding these thresholds are treated as category 3 trucks instead of category 2 trucks.
http://www.cars.gov/faq#category-17
This morning my dealer told me some one will be contacting me to set up an appointment with the financial dept. to finish the paperwork, but that I will not be able to get a credit from them until they get approved, which could be up to 10 days!
Some people seem to be getting the credit on the spot! Is anyone else experiencing these delays??
So once approved, I will have to go back with my clunker and finalize the deal?
One reason I'm being impatient is because MA sales tax goes up 25% on Friday and I would like to save the couple hundred dollars since this all should have been done last week. The dealer says ther are trying as fast as they can but I may not be able to save on the tax if I'm not approved by then.
Does anyone know the rules in MA for this program? Do we have to pay tax on the price before the C4C??
"Category 2 Truck
Large pickup trucks and vans with a GVWR less than or equal to 8,500 lbs. Large pickup trucks are defined as having a wheelbase greater than 115 inches, and large vans are defined as having a wheelbase greater than 124 inches.
Note that the wheelbase used to determine truck category by the CARS program is the shortest wheelbase for a given nameplate (e.g., Ford F-150) and may not correspond to your vehicle's actual wheelbase, especially in the case of trucks with extended cabs."
Really useless and absurd.
Best bet-Dodge ram with rebates or Toyota Tundra without hefty rebates if you want a PU truck.
thanks and congrates on your new Camry.
That's very peculiar. The correct formula should be Combined = 100/(55/CITY+45/HWY). The two methods will give essentially the same result when there is little difference between CITY and HWY but that's not so when the difference is large. How they get 18 mpg for the manual transmission has me baffled as well. Both methods of calculation give 19 mpg.
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