Need help on Senior Project

[BIGBILL105 45]

I'm doing my Senior Project on the negative effects on the Cash for Clunkers program and I'm having more trouble than expected finding information. Any help would be appreciated. Links, person experiences, things of that nature would be a big help!

[Zytek_Fan]

jalopnik.com
Search there for clunkers

[cpayne6335]

It sux for me. I could not afford a new car or truck, and I am still paying (taxes) for it. I saw many "clunkers" nicer than my own car and truck, and they just scraped them out.

I belive mostly the people who had money and looking for a newer car took advange of it, but people without money could not use it, but we sure are paying for it.

On the flip side, the people who used it have to claim it as income on thier taxes (from what I have read about it), and have to pay taxes on the money, so they are partialy paying for it.

Overall, I think our goverment could have spent the money better (all the bail outs and CFC). I do think it did help the econemy some, but that was jsut a short surge and that was it.

Hope that helps. If you need some more info from me pm me. I remember doing the referance page and it suxed.....

[thesmokinstroke02]

yeah i saw quite a few 05 and 06 strokes in the junkyards around me. they didnt do it like they were susposed to lol they just ruined the engine then sold whatever theey could on the body. lol.

[Ryan Rønning]

It seems to me that it had a much more positive affect on the overseas car makers then it did on ours. Plus so many of the clunkers were really nice cars that should never have been qualified.

[ianstew]

the effect on the used car market, the down and dirty financing used to get people into cars they can't afford, the artificial "bubble" of new car sales it created......

[Ryan Rønning]

That sig vid of the a tIGER IS SCARY JUST TO WATCH

[ianstew]

Originally Posted by RRonning1984

That sig vid of the a tIGER IS SCARY JUST TO WATCH

i know right???? i'd shart myself real quick like. kinda funny that he tries to defend himself with a little stick.....I bet he got eaten lol

[05_PSD_Erik]

Originally Posted by RRonning1984

It seems to me that it had a much more positive affect on the overseas car makers then it did on ours. Plus so many of the clunkers were really nice cars that should never have been qualified.

I agree 100% they should have made it only apply to the big three if they reallt wanted to boost the AMERICAN economy

Originally Posted by ianstew

the effect on the used car market, the down and dirty financing used to get people into cars they can't afford, the artificial "bubble" of new car sales it created......

Agree here also, no offense to anyone, but most of those people were driving 'clunkers' for a reason, i.e. cannot afford a new car payment, now they are saddled up with a nice fat car payment. I wonder how many people who took advantage of the CFC program have lost those cars already to repo

[BIGBILL105 45]

Thanks for all the info guys! Personally I think that the program should of only supported the big three and one of the qualifications was the car had to be newer than 25 years old. I think they should of had it set so the cars should have to be older than ten maybe 10-15 years old but newer than 30 years old. Not only was this program supposed to help get money flowing in the failing auto market but it was to get more fuel efficent cars on the roads to save on emissions.