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Get Ready for Mega Cash for Clunkers, Morgan Stanley's Adam Jonas Says
Barron's ^ | April 19, 2020 | Jack Hough

Posted on 04/20/2020 9:54:28 AM PDT by SunkenCiv

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To: SunkenCiv

I’m absolutely keeping my 30 year old car (Corvette)!


21 posted on 04/20/2020 10:22:22 AM PDT by the anti-liberal
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To: dhs12345
If I thought this was a go, I'd swing down the street and nab a used car for under $3000, *any* used car that I thought would qualify, but it's a gamble, and by the time I'd be more sure of this, the prices of all clunkers would suddenly spike, leaving me with the clunker I like, the one I drive, the only car around here. :^(
The other problem is, I don't want to go into debt (even if I thought I could get a loan, which I probably can't right now) to buy a brand new vehicle with the $5000 off the sticker price (no other deals will be forthcoming).

22 posted on 04/20/2020 10:24:40 AM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: SunkenCiv

After the last CASH FOR CLUNKERS deal, my now ex-wife traded off my 2003 Nissan Sentra, that I had given her in the divorce and had been my commuter car and that I paid $7,800 brand new, and got $9,200 trade in value.


23 posted on 04/20/2020 10:27:22 AM PDT by shotgun
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To: the anti-liberal

I’ll keep my jalopy project jeeps and blazer.


24 posted on 04/20/2020 10:28:33 AM PDT by wally_bert (Transmission tone, Selma.)
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To: SunkenCiv

the definition of insanity is trying the same failed thing over and over and expecting a new result

Socialism doesn’;t work, cash for clunkers doesn’t work- the cash for clunkers fiasco was a colossal failure-


25 posted on 04/20/2020 10:28:51 AM PDT by Bob434
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To: napscoordinator

Agreed. Wife has an ‘09 Camry bought new, 225,000 miles on it. Last year my kid traded in an 06’ Camry I gave her. Bought it in ‘07 with 14,100 miles on it. It had 265,000 when she traded it in for $1500. The only non-routine maintenance were 2 water pumps on the ‘06, a top motor mount on the ‘09. Maybe $600 total for all 3 repairs. Prior to the these, wife and I owned a Ford, an Olds, a Saturn, a Chevy, a Buick. All bought new or a year or 2 old. Not one of them got anywhere near 100,000 miles without repeated, expensive repairs. I will never buy another American car.


26 posted on 04/20/2020 10:29:12 AM PDT by wny
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To: SunkenCiv

The last time, the poor could not afford a decent vehicle because of that program. Most of the good, secondary market cars were ruined.


27 posted on 04/20/2020 10:30:53 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: Trinity5; ProtectOurFreedom; Billthedrill; Bitman; cgbg; Ex gun maker.; Lurkinanloomin; ...
Getting financing for a car loan, with or without this stim package, could wind up being difficult, since there have been a lot of lets-not-pay-our-bills whoop-di-doo going on with this BS shutdown.

28 posted on 04/20/2020 10:31:00 AM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: shotgun
You could have had her hit for five.

29 posted on 04/20/2020 10:32:05 AM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: Bob434; MeneMeneTekelUpharsin
The point of cash for clunkers wasn't to help society, so it was a rousing success. ;^)

30 posted on 04/20/2020 10:32:53 AM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: SunkenCiv

She definitely wasn’t worth. I joked that I used the cash for clunkers to get rid of her


31 posted on 04/20/2020 10:34:25 AM PDT by shotgun
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To: Ex gun maker.

No cup holders??!!


32 posted on 04/20/2020 10:36:15 AM PDT by ConjunctionJunction
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To: SunkenCiv

they touted as a stimulus effort for the hurting economy- that and the ignorant ‘shovel ready jobs’ that never panned out either


33 posted on 04/20/2020 10:36:46 AM PDT by Bob434
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To: SunkenCiv

NO!!! HELL NO!!!


34 posted on 04/20/2020 10:38:14 AM PDT by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: ConjunctionJunction

“No cup holders??!!”

Complex, breakdown-prone technology :)


35 posted on 04/20/2020 10:39:12 AM PDT by Magic Fingers (Political correctness mutates in order to remain virulent.)
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To: Ex gun maker.

“I will not have any newer than about 1980.”

Points, plugs, cap, rotor, condenser every 15k miles?

AND NO cupholder?

Masochist!

(2004 Honda CR-V, 318k miles. Replaced A/C compressor (2x), starter motor, plugs every 100+k}


36 posted on 04/20/2020 10:39:44 AM PDT by BwanaNdege ( Experience is the best teacher, but if you can accept it 2nd hand, the tuition is less!)
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To: SunkenCiv

Don’t do this really stupid thing. Last time around there were no affordable starter cars & the younger generation really took it on the chin.

There is always someone figuring out a way to rip of the tax payer with every government program. The next door neighbor started up a part time car repair business & couldn’t find the engine # for the obama era car someone brought in. It had to be a re-engined clunker.


37 posted on 04/20/2020 10:44:13 AM PDT by Western Phil
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To: SunkenCiv

The last time I had any interest in buying a new car was 1973.
Lotus Europa JPS.
Currently there are NONE available that I would accept even if they were free!
Overly and needlessly complex, made of plastic, and loaded up with unwanted “Features” to pad the price.

Maybe, just maybe, Gov. Org. will realize that manufacturers need to be allowed to offer basic transport again.
Not everyone needs or wants a luxury car/SUV.


38 posted on 04/20/2020 10:47:25 AM PDT by Ex gun maker. (Unconstitutional "Law" is void from inception.....)
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To: SunkenCiv

It seems all the criminal political schemes are feeding on the Corona totalitarians.

Buying used cars with my money so you can smash them?

“Its for the industry”

WTF am I going to buy a new car with BOZO? You spent my money smashing my old one after you took away my Job!


39 posted on 04/20/2020 10:48:02 AM PDT by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: SunkenCiv

Indeed in three months most won’t even remember the virus.


40 posted on 04/20/2020 10:48:42 AM PDT by Vaduz (women and children to be impacIQ of chimpsted the most.)
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