Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
Adding this fiasco of changing ratings to the fact that people already think it is unfair that the trade in has to be under 18 mpg, may mean that in CFC II, they'll perhaps just require that the new car rating be, say, 25% above the old or just that the new car be above some mpg threshold.
My m-n-law will be trading in her 1997 Mercury Villager for a small SUV. Any reluctance from dealeships in discounting from MSRP, obviously not in your case?
Also, both considered category 1 trucks, so increase of 4 mpg more means $3,500, and increase of 6 mpg more is $4,500?
Lucky!!
I am not sure my clunker's rating will change tomorrow morning when I arrive at the dealership. I am going to get it done ASAP tomorrow!
I wounder how many clunkers Hyundai dealers (and those dealers taking trades before the rating change) will own because of the ranting change. :confuse:
I am not sure my clunker's rating will change tomorrow morning when I arrive at the dealership. I am going to get it done ASAP tomorrow!
Well, I just hope they don't lose the listing for my Dodge truck completely! At 13 mpg, with a market value of less than $1k and a lot of repairs necessary to bring it up to what I would consider to be proper condition, it's absolutely perfect for this program.
I wish Ford made a vehicle that would suit my needs and preferences. The Focus is just too drab, the Fusion is more than I want to spend, and I just don't want another pickup or SUV. The Fiesta would come closest, especially if they will sell the hatchback version here, but I doubt that any form of C4C will still be going when the Fiesta makes its official US debut.
At the salesman's suggestion, I went to the Toyota website to where you can "build your own" car, and I started playing a little what-if game: What if I decide I don't really have to have ______, then how much would it cost?
It turns out that I can get one for around $4500 less than one we almost bought, and this will be the color and interior I wanted instead of a color and interior I was going to settle for. It has all the features I really need, just not some of the bells and whistles the industry tries to make us think we need. Like, who really needs a back-up camera on a Prius? Tacoma, maybe, but a Prius? And do I really need a 6-CD changer and GPS? So, this week I am planning to order my Blue Ribbon Metallic Prius with Bisque Leather interior and tinted windows instead of settling for a boring white one with hot dark gray interior. Yippee!
Does the CFC apply to salvage titled cars-if they are driveable,registered and insured for an year.
I checked the cars.gov website and found no info on this.
Does anyone have any details about this?
Thanks.
TIA Jack
I don't think dealer would really loss in any deal.
Compare with the economic right now, the price of a new car just drop a little bit.
Is there really so many buying power out there with increase of unemployment rate?
The requirement that the trade-in vehicle be registered to the same owner for a
continuous period of one year prior to the transaction requires clarification. The agency interprets this provision as requiring the trade-in vehicle to be registered to and owned by the person purchasing or leasing the new vehicle under the program. In a transaction involving more than one person, the trade-in vehicle must have been registered to and owned by at least one of the persons purchasing or leasing the vehicle under the program.
http://www.cars.gov/official-information (click on "download the rule")
If dealer choose to structure a
transaction before the final rule is
issued, they will bear the risks
associated with later demonstrating that
the transaction meets all of the
specifications of the final rule
Of course, the July 2 notice also said:
The fuel economy information available through
http://www.cars.gov will be the same as that now
available only through http://
www.fueleconomy.gov.
Which seems to be untrue for some cars.
I emailed many dealers and found the one nearest to me was willing to deal the most. It also included a Mazda $1750 rebates for a cash transaction & $500 rebate that Mazda is giving for Cash For Clunkers deals. I've heard of many people getting low 18's like 18050.
I would like to trade in one of my family's company vans with my new car purchase; however it sounds like the company, as an entitiy, would have to purchase my new car, and I'm not even sure entities can participate in the program for sure...?
From the last excerpt posted, it sounds like maybe I could co-sign with the company....?
It's actually just a ford econoline van which i believe is classified as a cat 2 vehicle. my name is NOT on the van though, just the companys so that is where it gets fuzzy. not sure if the company would have to buy the car, which will screw up my insurance, maybe even finance rate, etc. so im hoping i will be able to be a co-signer on the purchase...
The reason I as is because I found an old print out that shows all the varieties of the T-100 2WD before the change on Friday. The only thing that is different between the automatic that I have and the manual is that on the old copy the automatic has a footprint of 10.2 and the manual is 9.6 -- after the automatic switched from 18 MPG to 19 MPG and the manual flipped form 19 to 18 the carbon footprint numbers switched too. Just wondering which one determines the other.
I am pretty untrusting of this whole process.My car had a hitch in that I could not find my title so they have to send away for a replacement.I realize I may miss the deal because of this.
But they were telling people at other tables the same thing,that the clunkers program date to start changed till Monday.
Actually i am pretty sure they will sell the car I picked out if they get the chance as my transaction is slowed due to title replacement.It would be a risk to them to hold my car in hopes of my title making the deadline.But if they get my voucher and the car I want is gone,do they then have a hold on me to complete a deal with them due to the voucher in my name? I hope not but not assuming anything.
At least the dealer I went to is going to get voucher in hand before giving the 4500 off.
I am hoping that there isn't a way for them to bind me to buying if the clunker voucher doesn't come through for me as those payments would be too much for me.
.I did have the salesman put in writing if the voucher did not come through I was out of the deal,but just in the first 20 minutes of our dealings he said something then came back and said he was wrong,he didn't know.So there is no trust.I am kind of feeling like I would just like to keep my clunker and put money into.Wait till I have my title and more money so this was not such a
tense transaction.Then I'll buy at carmax or online without a salesman.
"NHTSA intends to provide ongoing information about the balance of funds remaining available for these and all other categories of transactions under the program."
and
"NHTSA intends to maintain an up-to-date running balance of available funds on the website at www.cars.gov."
I don't see any such information on cars.gov yet. Also note that there will likely be a lag between what the website reports and the actual balance.
I don't think the dealer lied to you. My Toyota dealer told me the same.
My understanding is that starting on Monday (7/27) dealers will be able to enter the transaction data into the government's computer system and get paid (10 days later, hopefully).
http://digg.com/autos/Can_NHTSA_Fuel_Economy_Data_Be_Trusted_for_Clunkers_Progra- m
Please Digg the article if you can so it gets more attention.
“I went to Fueleconomy.gov again to look up my 1991 Camry v6 automatic. If you look up the original old window sticker mpg numbers (18/24) and then use the converter they have on the site to update the pre-2008 MPG numbers to the new 2008 calculations you will get (16/22) which is not what the CARS calculator is showing. 16/22 is what fueleconomy.gov had listed up to July 24th which allowed me to Qualify for the money. As of July 24th the numbers 16/23... ”
makes me think my thoery is correct that the EPA had previously just posted numbers based on calculating from the rounded off original window sticker numbers and then rounding off again. With the cars thing, I bet they went back to the original data and recalculated.
Lucky for you. That dealer misinterpets the program. The consumer does not recieve any proceeds from the scrap.
It is already costing us $35 for every deal we do. The gov gives us $50 the service dept charges $85 to disable the engine.
At the dealerships, the Service Department and Parts Department usually likes to use the Sales Department as a profit center. Sometimes unfairly.