heh, spend a couple hundred bucks on an 80s pickup, take it to a “push, pull or drag” trade in sale, then add on the $4500 gov’t bonus. you could easily make $5,000-$6,000 on it.
This kind of legislation has been proposed before. It’s called the “junk yard dog” law.
Once it becomes apparent that a junker is worth a pile a dough, the value of the junker increases. Markets have a way of outfoxing politicians, every time. Of course, the politicians don’t really care, they want to appear to be doing something, something preceived as catering to their supporters.