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First Person: 'Cash for Clunkers' a Forms Wreck

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Uploaded by on Jul 31, 2009

Cars are moving off dealer lots as part of the government's "cash for clunkers" program, but some dealers say the popularity comes with a price: confusing rules and onerous regulations, leaving people people scratching their heads. (July 31)

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  • What a waste of perfectly good vehicles. Why go into debt when it is not necessary. Plus this is not helping the environment.

  • well there not forced into it..but its all bullshit to just throw these cars away

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  • maby the guy at the end learned how to spell clunker (clunkr) lol

  • look on the bright side , the imported crap they have got will be junk before they have paid for it

  • scrap yard doesn't gain from it either. when we sit the cars out there and the parts they want are mainly from the motor. and we cant let them take anything off the motor cause of the substance they use

  • My car survived the "Cash for Clunkers" program. I own it free and clear. It runs great.

  • The results of small thinking; the adult equivalent of a roadside lemonade sale. The program blew the administration's cover regarding "going green." They couldn't care less about "green," just the power they gain through scams like this. Getting people who are out of work to go further in debt by taking many perfectly good cars off the road, which could have been used by people who couldn't and shouldn't buy a new one. More idiocy in D.C. Great "change." People should change oil, not the car.

  • lets get everybody that owns a good running car and put them in debt getting a new deathtrap

  • when ppl cant make the payments on them i see more new cars on the side of the road then i do old ones why becouse most of them are junck

  • i drove in a few junckyards and i seen a 2003 gmc suv a really nice no rust f150s i seen a few i also seen a few really nice vans and lots of really nice s10s and blazers what a bunch of bull shit and if there going to take them at least part them out and not blow them up im so out raged they should of basest it on how it ran and how bad it was rusted not mpg nice mint cars/trucks/vans are going to waste for no reson at all whats going to happen to all the new cars

  • Like I said, the problem is called the "liquidity trap". You are right that the after effect will cause a lull in the sales of autos. However the goal is to stop the hemorrhaging of the economy and prime the pump. Preliminary results suggest it has succeeded. It's like shoving a kid on a bike... after they get a little momentum things take care of it's self in the broad economy. The hard part is the start and this program was the shove.. but isnt permanent nor is it intended to be.

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