Argh! F&%k Cash4Clunkers!

[Disclaimer]

Srsly, they updated the list again: http://jalopnik.com/5342972/ten-most-traded+in-and-purchased-cash-for-clunkers-cars-updated-again/gallery/

Top 10 Trade-in Vehicles

1. Ford Explorer 4WD

2. Ford F150 Pickup 2WD

3. Jeep Grand Cherokee 4WD

4. Jeep Cherokee 4WD

5. Ford Explorer 2WD

6. Dodge Caravan/Grand Caravan 2WD

7. Chevrolet Blazer 4WD

8. Ford F150 Pickup 4WD

9. Chevrolet C1500 Pickup 2WD

10. Ford Windstar FWD Van

Top 10 New Vehicles Purchased

1. Toyota Corolla

2. Honda Civic

3. Ford Focus FWD

4. Toyota Camry

5. Hyundai Elantra

6. Toyota Prius

7. Nissan Versa

8. Ford Escape FWD

9. Honda Fit

10. Honda CR-V 4WD

[dmagicglock]

^^^ maybe thats why they're ending the program early and its not a money issue

[jporter12]

Ya know, instead of going through with the clunkers program on some of them, the dealer should offer them a decent trade-in value and sell them to someone that woudl appreciate them (the good cars that is, the hi performance ones.)

[Disclaimer]

Makes me soooo mad I want to chokeslam a puppy through plate glass.*

*Not really, but that would be stress relieving after the heart attack this article gave me. Honestly though, these people need smacked upside their dumbass heads for 'turning in' some of these rides.

Originally found here:

Ten Most Exotic Cars Destroyed By Cash For Clunkers

http://jalopnik.com/5365954/ten-most-exotic-cars-destroyed-by-cash-for-clunkers/gallery/

^------ this has pictures of the cars to click through if you don't know what some of them look like (or are).

Linked from:

Exotic clunkers also got the crunch under program

http://www.freep.com/article/20090923/BUSINESS01/90923004/1322/Exotic-clunkers-also-fueled-recent-program

At its creation, a 1997 Bentley Continental R was one of the most

powerful and exclusive cars in the world, with every hand-built copy

from the English countryside valued at $300,000 and beyond.

A few weeks back, the owner of one such Continental R decided

it wasn’t worth more than $4,500, had its engine destroyed and shipped

it to a junkyard with the rest of America’s clunkers.

It’s

one of several rare or surprisingly new vehicles destroyed under the

Obama administration’s cash for clunkers program designed to sweep old

gas guzzlers off U.S. roads. According to new government data, the

rebates of $3,500 or $4,500 were enough to doom the Continental and a

’97 Aston Martin DB7 Volante that once had a sticker price of $135,000

to the crusher.

And 37 people decided to clunk models that were less than a year old.

Beyond

car lovers’ grief over why anyone would destroy sweet rides like a 1999

Mercedes C43 AMG, the value of the junked jalopies plays a major role

in deciding whether the $3 billion program helped the economy. Two

economists at the University of Delaware said Tuesday that assuming the

average clunker was worth just $1,000, the costs outweighed all benefits by $1.4 billion.

While

the data provided by the federal government doesn’t give any indication

of the clunkers’ mileage or condition when they were turned in, the

vehicles had to be in running condition and insured for at least the

past year.

Some enthusiasts would have paid many thousands

of dollars for the rare 1987 Buick GNX destroyed under the program;

only 547 were built. The nation’s supply of used Chevrolet Corvettes

was thinned by 131, including 34 convertibles, and the program also

liberated 22 Americans from the burden of owning a Peugeot.

The

2008 model year vehicles deemed clunkers ranged from a Scion xD to 10

Mercury Grand Marquis sedans to two copies of special edition F-150

pickups, sporting 450-hp V8s and Chip Foose-designed paint jobs.

The

most popular clunker was the Ford Explorer, with 69,887 copies turned

in, accounting for roughly 10% of the trade-ins under the program.

Under federal law, only vehicles built after 1984 were eligible for the

program, and the trade-in rules favored trucks over cars to spur the removal of less efficient models.

Cost analysis

Backers of the program have credited it

with snapping the U.S. auto industry out of its worst slump in decades

and bringing factory workers back on the job as automakers ramp

production and spurring sales of fuel-efficient models.

President

Obama’s Council of Economic Advisors estimated last month that the

program saved or created 21,000 jobs and boosted the national economy

in the third quarter.

But several economists have questioned

those claims, contending that the clunkers had a value to society that

has to be added into the program’s costs. Burton Abrams and George R.

Parsons, professors at the University of Delaware, said in a study

published Tuesday that the clunker program likely cost the country

$2,600 per vehicle while producing benefits worth only $596 per trade –

leaving a gap of about $2,000 on every clunker.

Abrams and Parsons said all of the program’s benefits derived from burning less fuel, and any increase in auto production or employment were a transfer of wealth rather than real economic growth.

Clunkers

“gives participants a substantial gift,” they said. “Meanwhile the

burden of the program is dispersed over a large group of taxpayers.

Concentrated benefits create vocal advocates while diffused costs

produce silent apathetic opponents.”

Contact JUSTIN HYDE : 202-906-8204

[Disclaimer]

Here's the official list:

http://www.cars.gov/files/official-information/trade-in-vehicles.pdf

[Bodyman]

A bunch of those dealerships are not junking them like they are supposed to! They are reselling them. Eventually the government will catch up with them. I think that it is a bunch of "B.S." Because it is our tax dollars being used. So, why are they trying to double dip on this situation. We are the ones getting screwed in this deal. Without a kiss!!!

[ReconRat]

Craigslist has FOUR PAGES!!! of Jeep Grand Cherokees for sale by the dealers...

Tell me those weren't turned in as part of the program...

[max power]

Craigslist has FOUR PAGES!!! of Jeep Grand Cherokees for sale by the dealers...

Tell me those weren't turned in as part of the program...

Theres a metric ton of them in the junk yards too. Time to build a badass offroader. Woohoo.