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Old 08-27-2009, 04:35   #4
Pete S
Guerrilla
 
Join Date: Aug 2007
Location: Kitsap WA
Posts: 213
I don't like that the program was expanded past it's budget of $1 billion so quickly.
A pause so that a detailed report could be put out before a push for more money would have been better.

Many of the cars that I have seen turned in for this program were decent vehicles that didn't need to be destroyed.

Send them to a non-for-profit organization to help the poverty stricken get to work.
Give them to an Iraqi family instead of having the US government buy them a brand new car.
Take the titles, bundle them into lots, and auction them to junk yards.
Or keep the titles and set a base price of $5,000 for any vehicle and list them on an internet website.
Recoup some of those costs.

It was a good idea, but very poorly executed.

How long until the first lot defaults on their car loans?
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