Comments on: Series – Cash for Clunkers (CFC) #1 http://www.thedisciplinedinvestor.com/blog/2009/07/10/series-cash-for-clunkers-cfc-1/ Investment Disciplines and Timely Advice. Fri, 10 Feb 2012 21:15:03 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Matt http://www.thedisciplinedinvestor.com/blog/2009/07/10/series-cash-for-clunkers-cfc-1/comment-page-1/#comment-7234 Matt Sat, 11 Jul 2009 05:52:24 +0000 http://www.thedisciplinedinvestor.com/blog/?p=4150#comment-7234 If they would have raised the required MPG like you said then that would cut out the option to buy the majority of US cars and trucks. Still it's better then a bailout. If they would have raised the required MPG like you said then that would cut out the option to buy the majority of US cars and trucks.

Still it’s better then a bailout.

]]> By: Jim Sutton http://www.thedisciplinedinvestor.com/blog/2009/07/10/series-cash-for-clunkers-cfc-1/comment-page-1/#comment-7221 Jim Sutton Fri, 10 Jul 2009 18:35:45 +0000 http://www.thedisciplinedinvestor.com/blog/?p=4150#comment-7221 I agree with your assessment that the mpg should have been set higher to encourage fuel efficiency. And some of the other points as well. However, I am planning on taking advantage of this program. Turning in my 96 Explorer for a Prius. The Explorer is in poor condition worth approx $1900 from KBB. (I think it's worth less than that). Also, keep in mind that I have a well paying job (under 6 digits) but have been waiting for an incentive to not drive my current vehicle or purchase another one. Just another perspective on this issue. Jim I agree with your assessment that the mpg should have been set higher to encourage fuel efficiency. And some of the other points as well.

However, I am planning on taking advantage of this program. Turning in my 96 Explorer for a Prius.

The Explorer is in poor condition worth approx $1900 from KBB. (I think it's worth less than that).

Also, keep in mind that I have a well paying job (under 6 digits) but have been waiting for an incentive to not drive my current vehicle or purchase another one.

Just another perspective on this issue.

Jim

]]> By: Chris http://www.thedisciplinedinvestor.com/blog/2009/07/10/series-cash-for-clunkers-cfc-1/comment-page-1/#comment-7220 Chris Fri, 10 Jul 2009 18:27:32 +0000 http://www.thedisciplinedinvestor.com/blog/?p=4150#comment-7220 "Undoubtedly you have heard of this and probably you are not too keen on the idea of the government funding another $1 billion or so in an effort to create better fuel efficiency, while pushing money to the auto industry. "- I actually wouldn't mind it so much IF we were demanding they buy vehicles with GREAT gas mileage like 30 MPG or something. We have given how much to GM and Chrysler, $50 billion, i don't even know? I would much rather subsidize the money to them this way, at least it could help jobs potentially and encourage them to work, but why couldn't they force them into fuel eficient cars? Damn lobbyists ruin everything "Undoubtedly you have heard of this and probably you are not too keen on the idea of the government funding another $1 billion or so in an effort to create better fuel efficiency, while pushing money to the auto industry. "- I actually wouldn't mind it so much IF we were demanding they buy vehicles with GREAT gas mileage like 30 MPG or something. We have given how much to GM and Chrysler, $50 billion, i don't even know? I would much rather subsidize the money to them this way, at least it could help jobs potentially and encourage them to work, but why couldn't they force them into fuel eficient cars? Damn lobbyists ruin everything

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