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Cash For Clunkers - The Untold Story

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Uploaded by on Jul 29, 2009

My story of my own participation in an outrageously irresponsible program executed by the United States government. Owners of perfectly good (or junky) older vehicles are given $4500 to trade it in for a government approved new vehicle as long as it has been licensed and insured for the previous 12 months. The traded in vehicle is then destroyed, even if there's nothing wrong with it and it could be used by families in places like Guatemala to dramatically improve their lives. If traded for a new Obama approved Chysler product, another rebate up to a second $4500 is matched by the Chysler Corporation. In my case, I got $4500 + $3500 as a total trade in allowance for a 1991 Ford F150 which was in fine condition but will be scraped anyway. What a shameful expensive waste.

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Uploader Comments (pwarr3n)

  • I can't believe you got $8K for that truck, you should be thanking our shitty U.S. President!

  • @OldboySaint - Well, calling him a "shitty President" is a tad rude (tisk-tisk), although highly accurate. He's the worst since Jimmy Carter. Typical anti-business liberal. They love taking money away from people who earn it and giving it to people who don't. I rather enjoyed turning that scenario on its head for once. I do feel for the young guys who'd love to have had that truck, and to be honest I really miss it. But my wife hated it and wouldn't get in it, so away it went for a cool $8000.

  • Not gonna lie man, I hate to see that you went and did that. True, it's your money and vehicle, so do what you will with it. But, I'm a twenty something year old in the Army and I've been trying to find a truck like this for a good six months now and can't find anymore good ones worth buying. Nice to see what happened to the good ones. True, you're only one, but I'm sure many others did the same thing to nice trucks. Now I've got to waste money on newer less reliable trucks.

  • @TheArmydude050290 You nailed the true upshot of Cash For Clunkers. It was welfare for the well to do and it screwed people who needed a good deal. And here's the deal: the car I bought I haven't put more than 1000 miles on since I bought it in August of 2009 (two weeks of use since then). I don't really need a car in the States but when I'm in the country the "new" car I got with the CFC money can hold my family whereas the F150 couldn't. Ordinarily I would just rent a car when in town.

Top Comments

  • Let's see now. You traded in a paid-for truck with nothing wrong with it for $8,000 off a $30,000 to $50,000 new truck and a big fat car note. So if you lose your job, you're on the hook for all those monthly payments, with interest. If you get behind, your brand new Dodge truck gets repo'd, your credit score takes a hit and you've got no truck at all. Yep, you're a real genius.

  • @SpeedingStudent fords are awesome trucks, and im not gonna say anything bad about chevys theyre good strong workhorses too but fords especially the 4.9 straight six, that was in my opinion the best motor ever built you pretty much couldnt do anything to kill one thats the same engine this guy had and he would have had it until there was no frame left for the engine to mount to unfortunately he got a dodge, better stock up on extra transmissions

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  • @juliengarneau That $8000 has to go towards a new car

  • @juliengarneau

    Because that truck could have gone through 5 other people before dying. For the young kids that first start driving just like me, they need something cheap because they basically just started working. But every vehicle that goes through this stupid ass program makes it harder for less wealthy people to achieve a vehicle that they would be able to buy.

  • Guys, he got $8000 for an 18 year old truck with likely over 200k miles on it. It's not like he could have just sold it to some random guy for 8k so why not take the deal?

  • I think the guy who KNEW he was selling a perfectly decent, well-maintained efficient truck to the gov in a quick-cash program is as much party to the fraud as the corrupt bureaucracy he criticized. Way to GO! Blame the gummint for idiocy and then become party to another stupid, short-sighted act of idiocy -- the American way!

    KARMA will be a bitch when decades of venal mendicity, foolishness & Imperialist conceit catches up with USA Inc.

  • WHY did you send that nice truck to cash for clunkers??? you know,, there are teenagers like me who need that truck... you know, youre sick.

  • what a waste of an awesome truck....

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