If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
Clunker program - no joy
I was hoping to leverage the clunker program somehow to take advantage
of the "free" $4500. I've got a 92 Explorer 4x4 in perfect shape, and an 89 S-10 in excellent shape. The Expy only has 134K on it, the S-10 has 193K. There seems to be no way to replace either of them with anything remotely similar without spending 18K to 25K. It just doesn't make sense to me to get rid of two perfectly good vehicles and spend upwards of $13K. And that's not really getting like for like as far as the explorer, I'd wind up with considerably less heavy dutyness without spending much more then that. So I gave up and figure with the $13K I didn't spend I can buy a lot of gas and repairs. In the process another issue dawned on me that I have not heard anyone talking about... If I spent the $20K or so I would have to pay $1600 in sales tax. So depending on whether I got the $3500 or the $4500 rebate that lowers the actual value of the rebate to $1900 to $2900. Still some nice coin but I wanted to dump the S-10 and that was only good for the $3500 and to get a similar truck I'd have to spend nearly the $20K so it's only a $2000 freebie. Plus I'd have to buy a 4 cylinder. I drove some,... eh, they're OK I suppose but nothing to get excited about. While trying to find the absolute cheapest way to make something work for the least money I eventually settled on the Jeep Patriot as the only option that meet all criteria of lowest final cost as an S-10 replacement, even though it's not a pickup. Just try to find one you'd want to own though. I also drove one and the road noise is just horrendous once you get over about 45 or 50 mph. I decided I could not live with that racket. The final issue was the thought that instead of getting stuck with a vehicle I don't really want (4 cylinder, bottom of the line) I could do better by just keeping what I've got and if and when they need a repair that's too expensive for what they are worth just go out and buy a one or two year old NICE vehicle and probably get it for $5000 to $10000 less then what I would be paying now for the lesser vehicle. I'm sure there are people where all the things line up right for them and this cash for clunkers is a decent deal but I can't make it work for me. |
Ads |
#2
|
|||
|
|||
Clunker program - no joy
On Aug 9, 11:53*pm, Ashton Crusher > wrote:
> I was hoping to leverage the clunker program somehow to take advantage > of the "free" $4500. *I've got a 92 Explorer 4x4 in perfect shape, and > an 89 S-10 in excellent shape. *The Expy only has 134K on it, the S-10 > has 193K. *There seems to be no way to replace either of them with > anything remotely similar without spending 18K to 25K. *It just > doesn't make sense to me to get rid of two perfectly good vehicles and > spend upwards of $13K. *And that's not really getting like for like as > far as the explorer, I'd wind up with considerably less heavy dutyness > without spending much more then that. *So I gave up and figure with > the $13K I didn't spend I can buy a lot of gas and repairs. > > In the process another issue dawned on me that I have not heard anyone > talking about... If I spent the $20K or so I would have to pay $1600 > in sales tax. *So depending on whether I got the $3500 or the $4500 > rebate that lowers the actual value of the rebate to $1900 to $2900. > Still some nice coin but I wanted to dump the S-10 and that was only > good for the $3500 and to get a similar truck I'd have to spend nearly > the $20K so it's only a $2000 freebie. * > > Plus I'd have to buy a 4 cylinder. *I drove some,... eh, they're OK I > suppose but nothing to get excited about. > > While trying to find the absolute cheapest way to make something work > for the least money I eventually settled on the Jeep Patriot as the > only option that meet all criteria of lowest final cost as an S-10 > replacement, even though it's not a pickup. *Just try to find one > you'd want to own though. *I also drove one and the road noise is just > horrendous once you get over about 45 or 50 mph. *I decided I could > not live with that racket. > > The final issue was the thought that instead of getting stuck with a > vehicle I don't really want (4 cylinder, bottom of the line) I could > do better by just keeping what I've got and if and when they need a > repair that's too expensive for what they are worth just go out and > buy a one or two year old NICE vehicle and probably get it for $5000 > to $10000 less then what I would be paying now for the lesser vehicle. > > I'm sure there are people where all the things line up right for them > and this cash for clunkers is a decent deal but I can't make it work > for me. From what I have seen, the only people who gain with the program are those who had planned to buy a new car anyway. Trading up just for a gain of some MPG does not make economic sense. The Gubmint, of course, will hammer on the "good for the ecological system" aspect. Harry K |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Helll! I just bought a Clunker. Obammer 'aint got me yet. | Anumber1 | Technology | 8 | August 12th 09 04:42 PM |
RETRY: Hope you've traded in your clunker | Hachiroku $B%O%A%m%/(B[_2_] | Technology | 58 | August 7th 09 12:05 AM |
Top 10 worst reasons not to trade your clunker (or) maybe it's timeto let go of your Chrysler Cordoba | Auto_Writer | Technology | 1 | August 6th 09 03:41 PM |
Top 10 worst reasons not to trade your clunker or maybe it's time tolet go of your Chrysler Cordoba | Auto_Writer | Chrysler | 0 | August 5th 09 09:59 PM |
how to program key fob | G-dog | Chrysler | 17 | December 19th 06 01:24 AM |