John McCain and Jim Demint are leading a movement to stop any more "Cash for Clunker" deals...and calling it "Washington Stupidity"....Do you think it's good or bad...and why.

the Fair Tax group says there is 23% embedded tax in products. The avg. price of a new car is $28,400. That's a return of $6532. Since they are cars, there is also ad velorem of 7%. That's $1988. Sales tax is 6% or $1704. So each purchase should be a tax gain of $5725 or a return of 127%. Add in unknowns like keeping assemblers employed and it goes higher.

I think it's just another government shell game. In 1981 we owned a Dodge K-car that got 50+ mpg on the highway. Here' we are nearly 30 years later they make a big deal about cars that get 40 mpg!?!? Would anyone care to enlighten us as to whose to blame for this regression? It couldn't be the government could it with all it's regulations and standards!? My Corvette gets better gas mileage at 70 mph than most "economy" cars for christ sake!!

How do you guys feel about foriegn cars qualifying for the rebate? Shouldn't the goals of the program also include the potential to return solvency to GM and Chrysler since we sunk so much money into them?

Phil, not sure I agree with your math. Am I mistaken or are the tax figures you've posted for cars bought without the rebate. If that's the case then there is net loss of revenue for cars bought with the rebate versus those bought without. The question would be the difference in number of additional cars sold because of the rebate. They'd have to sell nearly twice as many cars with the rebate just to break even compared to those sold without the rebate.

The intangibles are obviously harder to put a price tag on.

But nothing about the programs is going to guarantee that auto production jobs stay in the U.S.!

quote:

I think it's just another government shell game. In 1981 we owned a Dodge K-car that got 50+ mpg on the highway.

I had 30 in our fleet years ago. 50 MPG is a dream. Your claim would be great news to Chrysler engineers after they stop laughing.

You can't imagine how hard this is to say but...Greg's right! Check this out!

http://www.mpgomatic.com/2007/...-mpg-cars-1978-1981/

K car weighed 2300 pounds. Air bags and emissions put a new Sebring at 3250# and 1 sec. slower in 0-60 (14 vs. 13)

This message has been edited. Last edited by: Phil1934,

quote:

Originally posted by drag57:

quote:

I think it's just another government shell game. In 1981 we owned a Dodge K-car that got 50+ mpg on the highway.

I had 30 in our fleet years ago. 50 MPG is a dream. Your claim would be great news to Chrysler engineers after they stop laughing.

50+ on the highway at 55 mph was a fact.

I can just imagine what your fleet drivers drove those vehicle like! I doubt they were to concerned with mileage compared to my family.

quote:

Originally posted by Phil1934:
K car weighed 2300 pounds. Air bags and emissions put a new Sebring at 3250# and 1 sec. slower in 0-60 (14 vs. 13)

Exactly Phil... and to what gain have those improvements led? Poorer fuel economy and no significant decrease in fatalities.

Does the word "healthcare" come to mind?

No

quote:

http://www.mpgomatic.com/2007/...-mpg-cars-1978-1981/

What kind of lying right-wing extremist hate-monger site is THAT?!


I'd like to do a mileage run with my FF/SA '85 Turismo 2.2L sometime... I remember when NHRA started the muffler/decibel check deal years ago, the car registered under their db limit with the open header! LOL Be interesting to see what kind of mpg it gets in Stocker trim!

I'd a liked the C4C program better if it was restricted to GM, Chrysler, or Ford. No way should that money have gone to foreign car companies.

But then, I suppose I'm just being a protectionist. I'd rather my buddy got it than Won Hung Low

It is terrible. Everyone in America is going to pay for it while only the people that buy a new car get teh benifits. It is tied to only one industry, why not give all of us (based on the amount of taxes we pay) the money off of our taxes? We would actually be shrinnking the debt and putting more money in the economy, THIS IS EXCONOMICS 101 PEOPLE !!!!!

Local, Augusta GA
Woman uses Yugo for daily commute
By LaTina Emerson | Staff Writer
Tuesday, August 04, 2009

Johannah Freund of Appling gets a lot of stares when she drives down the street.

Annette M. Drowlette/Staff
Johannah Freund shows off her 1986 Yugo, with just more than 56,000 miles on it. She travels 60 miles round trip to work from her Appling home; the car gets more than 40 miles per gallon.

The 38-year-old drives a 1986 Yugo -- a small, discontinued car that was originally made in the Serbian town of Kragujevac.
The price tag: $300.

She has had the car for a little more than a year and spent six weeks fixing it up. She bought the vehicle from a friend, and it had only 56,000 miles on the odometer.

"It's a good little car. It's good on gas mileage. The gas tank in it is not even eight gallons. I can go back and forth five days a week, and I live about 30 miles from my job. It gets 40 to 45 miles to the gallon," Ms. Freund said.

She works at Waffle House on Belair Road.

"People look at me and say, 'Where did you get that? I haven't seen one of those in ages,' " Ms. Freund said. "For a while there, some of the car lots had them buy one, get one free. They said they were not a dependable vehicle. So you'd buy one for about $3,500, and you'd get the other one for free because they said they broke down so much. But once I got this one up and running, I've not had a problem."

She found two Web sites that carry parts and spent $2,000 replacing the fuel lines and the brakes.

"It's a 55 horsepower engine. My lawn mower has more horsepower than my car does," she said.

Overall, Ms. Freund said, she feels safe. The car has seat belts and good steering and handling. Still, she hasn't driven the car faster than 80 mph.

"It's so light and at 80 it starts to go all over the place. Everybody tells me that if I hit anything, it's totaled. That it's a little tin box on wheels. I get picked on unbelievably at Waffle House from our regular customers," she said.

Her manager has a friend who knows three other people locally who own Yugos.

"I would like to buy them and get them up and running. It's a cute little car. Everybody knows me wherever I go," she said.

YUGO HISTORY

The Zastava Koral, or the Yugo, is a subcompact vehicle built by Zastava Corp.

1980: First Yugo produced by Zastava Automobili in Kragujevac, Serbia

1985: Yugo brand, priced at $3,990, was introduced in the U.S. by an American entrepreneur.

1989: Yugo America went bankrupt.

1992: Sales of Yugo in the United States ended.

2008: The last Yugo rolls off the production line at the Zastava factory in Kragujevac.







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I remember my brother had a Dodge slant 6 that got 36 mpg. He wanted to buy another one but they stopped making them. I think he said he was at 600,000 miles when it conked out.

What a pisser!! Those who either cannot afford a new vehicle, or choose not to spend the $$ to buy one, will now be paying for YEARS to help pay for new cars for people who already CAN afford them! (Can you say "Steal from the poor, and give to the Rich" - Okay, "...to the Less Poor")??
What about the thousands of neighborhood repair shops, mechanics, parts mfrs & sellers, & used car dealers who will be put out of work by this freakin' joke of a program...
AT LEAST they should have MANDATED that the new cars be from an AMERICAN manufacturer! (NOT foreign cars assembled here, either!)

Of 157,000 cars bought in the government's "Cash for Clunkers" program, four of the five top-selling cars are made by foreign automakers, according to new data released Tuesday by federal transportation officials.

Seen where someone did the math and this 3500-4500 clunkers will be 20000 45000 when its all said and done......

Yep, that sounds about right on par with anything the government does.....

Cant wait to see the "new car sales" numbers for the big 3 down the road a year or so from now after this program fizzles out......

I say give tax breaks to the small businesses and to the people. This will allow more businesses to have a larger employee staff. Thsi will intern generate more income tax (more people working), will generate more people spending (thier own money) and allow business to grow.

This is fundemental economics. Those that do not choose to participate (they all had the same chance to get an education and do the right things) and get a job will suffer. The redistribution of wealth from one person to another is fundementaly wrong and Socialism at its basic form. Taking from the people and giving it to companies is wrong on a lot of levels. Taking from the working people and giving it to select companies is WRONG ON EVERY LEVEL (but that is what Obam-er is doing).
Now someone tell me how that is right?

WASHINGTON (Reuters) - Sales under the U.S. government's "cash for clunkers" auto incentive topped 180,000 with Toyota Motor Corp overtaking Ford Motor Co with the top-selling vehicle, officials said Wednesday.

Separately, a Senate vote on a $2 billion proposal to extend the "clunker" initiative will likely slip to Friday due to slow negotiations on procedural matters, congressional aides and lobbyists said.

Senate Democratic leaders said they had the votes to clear any Republican hurdles and give the bill, passed by the House last week, final congressional approval.


LINK





Zell/Granny 2012

Send Your Thanks To the U.S.Military

Post a Message to our Soldiers

Of all the things I've lost,
I miss my mind the most
Grandpa Bob
Professional Fence Hanger / Spectator
Former Crew Chief
Grandma's Rocking Chair