Under the Cash for Clunkers bill passed by Congress in June 2009, the passenger car you trade in must meet two criteria:
1. The car has been registered and in use for at least a year (this provision prevents people from buying an old beater from a junkyard and trading it in for a new car);
2. The vehicle must have a combined city and highway fuel-economy rating of 18 mpg or less.
The new car you purchase also has two criteria to meet:
1. To qualify for the Cash for Clunkers program, the new car must be priced at $45,000 or less;
2. The new car must have a federal fuel-economy rating that is at least 4 mpg better than the old car you’re trading in to qualify for a $3,500 voucher, or be rated at least 10 mpg better to get the maximum payment of $4,500.
For light- and standard-duty model trucks, which includes most sport utility vehicles (SUVs), vans and pickup trucks:
* The old vehicle must have a fuel-efficiency mileage rating of 18 mpg or less
* The new vehicle must be rated at least 2 mpg better to qualify for the $3,500 voucher or at least 5 mpg better for the $4,500 payment.
For heavy-duty trucks, which includes models with a gross vehicle weight of 6,000-8,500 pounds:
* The old truck you’re trading in must be rated 15 mpg or less.
* The new truck must be rated at least 1 mpg better to get the $3,500 voucher and at least 2 mpg better to qualify for the $4,500 voucher.
That's the criteria.
I'm pretty much against government intervention as a whole. It's a free-market, the government just needs to keep it free.
People who support this seem to also support a national health care system to help those who cannot afford health care. This is where I ask, "where the hell is the consistency?" With cash for clunkers, those who could afford new cars got new cars and we destroyed a lot of good used cars. So we drove up the price of good used cars because there are fewer of them on the road and so now the poor have to pay more to get something of quality without buying new. Awesome. In addition to that, those who cannot afford to buy a new car and have to fix it, good used parts just became more scarce. I want consistency!!!! This was an auto-industry bail-out! This wasn't to help the environment because the requirements for the new vehicles don't off-set most of the carbon footprint from manufacturing, hauling and destroying.
And even more awesomely, we screwed over the people who cannot afford a new vehicle and have to rely on older vehicles. Way to go! I want as little government as possible. Make sure my military is good and strong. My roads are safe. And my teachers paid so they teach. My emergency response teams well-funded and staffed. That's it.
1. The car has been registered and in use for at least a year (this provision prevents people from buying an old beater from a junkyard and trading it in for a new car);
2. The vehicle must have a combined city and highway fuel-economy rating of 18 mpg or less.
The new car you purchase also has two criteria to meet:
1. To qualify for the Cash for Clunkers program, the new car must be priced at $45,000 or less;
2. The new car must have a federal fuel-economy rating that is at least 4 mpg better than the old car you’re trading in to qualify for a $3,500 voucher, or be rated at least 10 mpg better to get the maximum payment of $4,500.
For light- and standard-duty model trucks, which includes most sport utility vehicles (SUVs), vans and pickup trucks:
* The old vehicle must have a fuel-efficiency mileage rating of 18 mpg or less
* The new vehicle must be rated at least 2 mpg better to qualify for the $3,500 voucher or at least 5 mpg better for the $4,500 payment.
For heavy-duty trucks, which includes models with a gross vehicle weight of 6,000-8,500 pounds:
* The old truck you’re trading in must be rated 15 mpg or less.
* The new truck must be rated at least 1 mpg better to get the $3,500 voucher and at least 2 mpg better to qualify for the $4,500 voucher.
That's the criteria.
I'm pretty much against government intervention as a whole. It's a free-market, the government just needs to keep it free.
People who support this seem to also support a national health care system to help those who cannot afford health care. This is where I ask, "where the hell is the consistency?" With cash for clunkers, those who could afford new cars got new cars and we destroyed a lot of good used cars. So we drove up the price of good used cars because there are fewer of them on the road and so now the poor have to pay more to get something of quality without buying new. Awesome. In addition to that, those who cannot afford to buy a new car and have to fix it, good used parts just became more scarce. I want consistency!!!! This was an auto-industry bail-out! This wasn't to help the environment because the requirements for the new vehicles don't off-set most of the carbon footprint from manufacturing, hauling and destroying.
And even more awesomely, we screwed over the people who cannot afford a new vehicle and have to rely on older vehicles. Way to go! I want as little government as possible. Make sure my military is good and strong. My roads are safe. And my teachers paid so they teach. My emergency response teams well-funded and staffed. That's it.
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