Breaking down the Cash for Clunkers program

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Uploaded by on Jul 27, 2009

If you've got an old clunker in your driveway, the government just made it more enticing to trade it in for a new car. KXLY4's Annie Bishop has more on the incentives available to car buyers.

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  • Thank you, US government for stealing my money to someone can buy an new car, and I can barely afford a 10year old automobile. Thieves!

    Oh yeah, and the car dealers scam us/the newer buyers by increasing the price of their cars, or not giving as much of a discount off the MSRP as they would before this scam program.

  • Clunkers only cost Obama atleast 4 billion. Yet he bailed three gian auto industries, and wasted the money. We dont know where did it go. Also, Obama bailed out financial institutions for Only 700Billion dollars. The financial institutions also do auto insurance. Auto insurance are now at high stake. People are now mandated to pay the hiking taxations, on every State. I dont know how people could believe such program could work, if 3/5 peopleare now working and facing job loss. Hope cannot found

  • really when it comes down to it.

    Who is really paying for cash for clunkers?

    yes that is YOU AND I.

    not only does it hurt used car dealers

    It is a waste of many good autos that that are affordable .

  • Yeah, you also lose your computer...

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