You know that whole cash for clunkers thing? You couple that with the crappy job the govt is dreaming up on health care reform and I'm feeling a bit of something that smacks of socialism swirling around me...And now I hear on NPR that the Chinese are worried the govt will print more money to cause inflation and thereby reduce the "value" of our debts as a nation. hmmm...might be a valid point.
This is not a post about socialism however, it's all about the whole cash for clunkers deal...A local dealer here is doubling the cash back if you trade in a car meeting the definition of a clunker (owned for a yr and getting less than 18mpg.) So not a fan of the idea I still felt "obliged" to check it out and see what I could get out of the deal. Based on the whole car fiasco a yr ago with C I bought an SUV last year I would not have otherwise and I really don't appreciate the payments. Upside down in one and owning one that gave tons of profit though...and wanting to reduce the overall debt...it seemed like a good idea at the time.
Now I wondered if I could see a magical shiny light at the end of the tunnel. No deal...I've just barely met the one yr deadline and get ONE.FREAKIN.MPG.TOO.MANY. Sucks doesn't it. I'm all about $9000 coming off the price of a new car.
So I got to thinking...C bought her new money pit 1-2 months ago and it's been in the shop ever since. Hell, she hasn't even transferred the title at DMV yet. I know, I know. Everybody and their Momma told her not to buy this pretty heap of crap over and over (and then told her to go get her money back...even offering to take the issue up with her) but she would not listen.
**Lightbulb** Get A-hole Idiot who sold her the car to go with her and trade it in putting the 9k towards some other car. Yeah, not so much. It's not technically "drivable" and it too gets ONE.FREAKIN.MPG.TOO.MANY. Go figure. The damn thing is 15 yrs old.
One other snippet? I am staggered by the irony of the program name Cash for Clunkers...How can a 15 yr old car not be a clunker but a fuel-inefficient 2009 model qualify?
On the plus side? My friend Nina's hubby traded in his 22 yr old pick-up for a new 4 door Sebring...It made him a bit sad. He really didn't want to, but it did make sense. The car is very pretty. And he deserves a nice car. They work hard for all they have and are wonderful people. That, to me, feels like who should be benefiting from this kind of stuff.