Just so you know, I have three clunkers. All of them have over 200,000 miles on them. And two have over 300,000!
I’d take $3000 for any of them.
(I think I would, that is. I suppose the best way to test that is for you to make me an honest offer! )
If I were to have the opportunity to do so, should I participate in the government’s cash for clunkers program?
A so-called “cash for clunkers” measure approved by the US Congress could help reignite sluggish auto sales, although the overall impact may be modest, analysts and industry officials said.
[…]
The bill will provide up to 4,500 dollars in incentives to consumers who trade in certain fuel-hungry vehicles for autos which consume less fuel.
Edmunds.com, an automotive research firm, estimates that the measure will spark relatively modest sales — probably less than the 250,000 estimated — and would only provide an incentive for a small number of car owners whose vehicles are worth less than 4,500 dollars.
“Most qualifying ‘clunkers’ are at least 10 years old. Their owners are either not looking for an increased car payment or cannot afford to purchase a new vehicle, which averages nearly 30,000 dollars,” an Edmunds.com report said.
[…]
To qualify, the vehicle traded in must have a fuel economy rating of 18 miles (29 kilometers) per gallon (3.8 liters) and be in drivable condition. The new car must offer at least 22 miles (35 kilometers) per gallon.
So…does new mean brand new?
Or could I take the government’s (that is, your) $4500 for my 1983 Chevy van and use it for a new-to-me rig (say a Chevy Suburban) even if it’s five years old?