Sen. Charles Schumer wants the Government to buy your junk car. Congress is developing “cash for clunkers” program that would provide vouchers to consumers who trade in their old cars and purchase more fuel-efficient vehicles. Some members of Congress want to use rejected stimulus money for this program. I have a better idea. Return the rejected money to the taxpayers or use it to reduce the deficit.
If measure passes, your clunker could bring you cash
WASHINGTON — Car shoppers may have a good reason to trade in their old jalopies for vehicles that get better mileage.
Congress is developing “cash for clunkers” legislation that would provide vouchers to consumers who trade in their gas guzzlers and purchase more fuel-efficient vehicles.
Modeled after successful programs in Europe, the bills are designed to get more gas-sipping cars on the road and boost auto sales, which dropped more than 40 percent among the Big Three automakers in March.
“It will jump-start the demand for new cars, helping our auto industries,” said Sen. Charles Schumer, D-N.Y. “And most importantly help families trade in expensive, low-miles-per-gallon vehicles for cheaper, fuel-efficient vehicles,” he added.
Some Democratic senators want the stimulus money that several governors have turned down to be used in the clunker program, to stimulate the beleaguered auto industry instead.(excerpt) read more at chron.com
so how much do we get? I figgure around $20,000 should be a good round number. It will take another $15,000 to get a save the planet type car. Just give me my money back. I'll fix the old one up better than it was when it was made. That will not give me new taxes to pay, plates will be the same low price and the same with the higher California insurance prices you would get hit with when getting a new car.
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