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Comments
It is disappointing to see a program that is so narrow in focus which may not really help American car manufacturers since most of the high gas mileage cars are Japanese or Korean. If the intent was to help U.S. car manufacturers (especially GM and Chrysler), it should not have been combined with the gas mileage requirement.
Also think how bad all the real guzzlers from that era are in comparison to your Maxima. If you've fallen from say 19 mpg to say 15 mpg a 91 Chevy 1500 began at 15 mpg. It's probably scraping by at 10 mpg now.
The intent was to help all the automakers, and all the parts of the transaction from raw material supplier to parts maker to auto maker to trucker to clean up crew to salespeople to dealers to state tax revenues.
Toyota has 16 vehicles by my count, I am not counting the Solara as it is a 2008 model and being discontinued, so not really a big difference there.
Dealers are gonna look just to unload whatever they get and a smart scrap yard will just low ball them on a value. Plus, they probably won't even deal with it until after the deal clears anyway,so they won't even know what, if any money they are going to get.
I just reread this on the web site. This applies to the negotiations between the dealer and the purchaser of the POS car, not the you the consumer, but the scrap yard. So there is no foot note stating that you the consumer can negotiate what the dealer may or may not get for your clunker. You are getting $3500 or $4500 and thats it.
If I had written the US regs I would have had an age or gas mileage provision. Any car over 15 yrs old or any with a mileage under 18 combined MPG.
If not, that is understandable. Not too many people driving a qualifying car will have the bank account to sign for a new Lexus.
No flames please, just because YOU might be the one guy who can doen't make you representative of the ar buying public at large. Dealers ALWAYS play the odds.
For the average Lexus dealer, even one of these sales might be seen as too much of a PITA to bother with.
People will receive 3500-4500 for their POS junkers yet some will still want to quibble over scrap value?
I think we will be lucky if they don't charge us to haul these cars away!
I guess I shouldn't be surprised.
$50 is going to make it worth your while?
the scrap value will probably cover the lot storage until it is taken away.
I think getting one mpg combined is a pretty good improvement for a car that weighs 700 lbs more with 130 extra horsepower.
That car has improved substantially. There is no way a nearly 400 hp 4,400 lbs car would get 19 mpg combined in 1990.
Off the top of my head I can't even think of a 380 hp car in 1990 that wasn't an exotic or the ZR1 corvette and honestly I would consider the ZR1 an exotic.
Most people don't come close to using what they already have, and frankly wouldn't noitce +/- 50 HP. They would, however, notice getting 5 mpa extra!
Heck, the average Lexus owner? Yo ucould probably unplug 1/2 the spark plugs, and they wouldn't notice!
same with handling. many people would soil their pants if they hat a ramp at .4 g's, never mind .8, and really don't need 40 series tires!
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
I guess I never really appreciated the term "grinder" or when you said a "lousy $100".
OK, I get it...now. :sick:
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl
They certainly ought to after spending so much money forging those public wants with compelling advertising campaigns. :P
tidester, host
SUVs and Smart Shopper
They shouldn't listen to the public. If Henry Ford did, they would have told him they wanted faster horses.
So far 0 have been used because it hasn't started yet
They don't count. I thought we were talking about real cars here.
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl
Since I work at a Nissan Dealer I can only assume your $14k out the door includes the Govt. rebate of $4500.....
I just don't want consumers believing that they can buy a Altima new for $14k... that is how trouble starts :surprise:
I wish you the best of luck.... I do have to commend on your quest to get the deal for your money..... LOL, But as far as money to the dealer for scrappage profit.... seriously????? Are you kidding me? That is the first I heard of a dealer recieving profit for the scrap metals..... I believe the scrap yard will just benefit from that. this bill is supposed to help everyone out.... from manufacturers, dealers, tow companies, vendors, and scrap yards...... Why can't you just be happy with the $4500 you are recieving form the bail out. If everyone satrts chipping away at every little doolar than no one will progress... and that is what this is all about right? Progress in a positive way?!?!?!
anyway good luck in your transaction!
GP
LOL.... I hadn't even heard of the profit being made on the scrap metals.... Some people never quit.... It just cracks me up :P
On the other hand I have 3 deals pending the whole CFC program. For the record no one asked for a extra discount on the scrap money profit
I try to suggest to people to start shopping now and make deals now so you can have the avialibilty of vehicles.... I have a feeling this last week of August is going to be bell to bell every day plus some time..... I can't wait to see what my bonus check looks like next month :shades:
GP
Exactly..... Keep in mind consumers.... this will be a PITA :sick:
I know everything sounds honky dory but there is a reason that the GOVT is putting all the responsibility on the dealers.... they don't want to deal with it either. People should be happy it didn't stay at the original idea of having a tax credit :surprise:
GP
C'mon now GP, you know that idea was doomed from the start. Buyers would never go for waiting that long to get the scrap value for their POS.
No...the government knows how to sell cars. Now we have to wait to see if they know how to make them. :confuse:
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl
No...the government knows how to sell cars. Now we have to wait to see if they know how to make them
Speaking of waiting....... We will be one of the dealers who will be signed up this program.... The funny thing is we are still "waiting" to find out how this program will work and go into effect.... It is less than a week away and MNGT is not sure what is going to happen :sick:
GP
Why is this hard to believe?
The hard part is the manufacturer knowing what the public wants and being able to deliver it.
Did you know that if you wait for "Cash For Clunkers" to kick in Honda will be at an all time low with inventory?
Did you know the government is only allowing 250,000 "Cash For Clunkers" transactions in this country. There are 300 million people in the United States alone!
This program could be over in 1 day!
Do you know your trade in has to run?
Do you know you have to have owned and insured the car for one full year!
If you wait, you will miss out on this opportunity.....so what is Honda Of Tysons Corner doing about it?
How about no restrictions!
How about now, while we still have inventory!
How about a $3,500 guarantee on any trade regardless of miles, make, model, how long you have owned it, if it runs or condition!
Drive it, push it, pull it or tow it in!
$3,500 for any trade in period. Ends 7-23-09
Here is the small print:
Must purchase a new Honda at the manufactures suggested retail price plus the cost of any dealer installed accessories if applicable. Can not be used towards the purchase of a Fit or Insight. One trade per transaction. This offer can not be combined with any other offers or special finance rates.
Small print says you have to purchase at MSRP and you are not eligible for special interest rate.
For example, Accord LX spread between MSRP and invoice is just over $2500. There is another $1500 in intensives. Therefore if you just do an invoice deal (which is a nobrainer, no negotiations required type of deal) without a trade in, you will be $500 better off. And that is not taking into consideration the special interest rates that you will be forfeiting if you go with their program.
yeah it's a rip off on accord, figured it would be.
And not ignoring your customers when you know you didn’t “deliver it” right when you made it.
If you have a minute go look at my post 12522 over on Stories from the Sales Frontlines. Given GM’s problems, I’d be willing to bet I wasn’t the only customer they turned their back on.
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl