One of my cars is eating oil and anti-freeze. We’ll be shopping for a used car soon. Thanks Obama for “Cash for Clunkers” for folks that could afford a new car . . . because those of us that can’t have to pay 10% more now for used cars. Bastard.
That's a myth. The program only took 690K cars out of 240 million. That's about .03% of all used cars.
The program was attempted feel good payoff to U.S. car unions. It didn't work and the program did nothing to "stimulate".
I see more used car lots filling up around me every day. The real reason that used cars may be higher is that people are buying less new cars. In places where the economy is tanking worse than others used car prices are up because that's all they can afford.
Use your local Craig's list to find a used car. Buy one from an owner. There are good cars available.