“The Greater New York Automobile Dealers Association, which represents dealerships in the New York metro area, said about half its 425 members have left the program because they cannot afford to offer more rebates. They’re also worried about getting repaid.”

http://www.breitbart.com/article.php?id=D9A63RC81&show_article=1

And, we want to put our health care into the hands of these people?

Yeah. No good is going to come out of it. I guess some people are thinking that people are only trading in cars that do not work to get a car that does. However, if I was in a situation such as that, I would try to salvage and get what money I could off of the parts of the car that was still good and use that to get a used car that I would be able to down right buy, instead of finance. Of course everyone wishes they could afford a nicer car, but I like my little ‘03 cavalier. When I bought it I was living at home and had no other bills besides my cell and whatever necessities I needed. My mother wanted me to have a reliable car for college and the one I had was not reliable. However, I salvaged what I could from it, got money off of it, saved all my graduation money, and worked for a few months before just going out to buy a car. This way I knew what kind of payment I could afford. My parents were always very financially smart. Even though there was not a tremendous amount of income coming in, I could never tell because they knew what to do with what they had. Thankfully I learned that from living there. Now my car a paid for and still runs pretty darn good, except for the occasional tire change, and air conditioner needing fixed. It may not be the trendy car you see some driving, but it is a decent car and I am not ashamed to drive it. Gotta love those grocery getters. LOl.

You get the feeling we’re selling our children’s and grand children’s and great grand children’s future for gratification now by some people who really haven’t thought this out.The bill for all this has to come due sooner or later and our work force,who pay just about all the taxes,is getting smaller.I believe at some point in all this big give away we will actually see people rioting against it,no matter how well intentioned it may have been.The tax payers are gonna stand just so much before they react.Not a nice thought is it?

I agree that his “cash for clunkers” thing is not a very smart or reasonable cause. Like a said in a previous post most people have their “clunkers” because they can not afford A. The down payment B. or the monthly payment. Yes gas may be a be more with their lass efficient car, but it really is not going to be a great money saving idea if they trade in their car without a car note and lower insurance cost, for a vehicle with a monthly payment and higher insurance cost. It may seem like a deal at the time because you are not having to come up with the cash due to trading in your less efficient vehicle, but over time it will not really save you any money. It will more than likely end up costing more money, which in this tight financial time is not going to beneficial by any means.

Points to ponder on this subject. Who loses out here? The American taxpayer footing the bill so others can purchase a car.  2. American car makers, 6 of the top ten purchases under this program are not from the “Big 3”.  3. People that keep their clunkers and salvage yards that could use the spare parts to keep their vehicles running without making payments to creditors that have already received bailouts. Who gains from this program?  1. Politicians that have instilled the “entitlement” behavior in certain sections of society. 2. The banks/creditors, they are getting the interest from these loans and then when/if the car gets repossessed, they can resell a car for what its worth because the American taxpayer has already eaten $4500 in depreciation.

VERY GOOD! Maybe I can now get that Bugatti Veyron 16.4 sports coupe!That $4500 ought to pay for the hood ornament anyway.Maybe I can get some bailout money to pay for the rest?