Quote:
Originally Posted by kgoerz
Just wait six months from now. When people can't pay for all the new cars they purchased with their Clunker Money......IT'S THE CASH FOR CLUNKERS BAIL OUT PROGRAM  |
Not to further the detour too much...but I just shook my head on the whole deal with the CFC.
So someone is driving a "gas guzzler". (Chances are there are reasons for that.)
You give them $4,500 to buy a $13 - 20,000 car (or more)
Quick math shows they have just incurred $8500 - 15,500 in debt
Higher insurance rates
Higher taxes
Not to mention the 250,000 + junk cars that have to be disposed of.
