Cash for Clunkers buyers are still showing strong preference for smaller cars

Southern Man said:
That's pretty crappy for a four banger, isn't it? A Ford escape will tow the same and get 28. A Ford Ranger can tow 2240# and gets 26 (4cyl).
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yeah the milage, I'm buying it because it's sig under 20,000. The escape with a 6 is 23,000. thinking of a maybe a 19 whaler
 
Topspin said:
yeah the milage, I'm buying it because it's sig under 20,000. The escape with a 6 is 23,000. thinking of a maybe a 19 whaler
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A boat is a hole in the water that you pour money into. Also, that's a big boat for such a little truck. With motor and trailer it probably weighs 3000#. A bit of wind at speed and you'll be shitting your pants.
 
your right about pooring money in, I may go with the 15 whaler which is about half the price. I had a 21 ft sea chaser that I pulled behind a litte gmc jimmy. It's flat as can be down here and I keep it under 70.
 
My Dad was into boats and poured a lot into them. At one time he owned a 20' Grady White that he used on Cape Cod and a less capable boat in Florida. The money he spent on that shit made me cringe. A good friend of mine just bought a huge boat for a lake in NC- its actually bigger than the local regulations allow- and that was the last straw for his wife, who's now divorcing him.

I own a canoe and that's it for my water craft.
 
I have a couple kayaks that I fish out of and the wife like to go.
Pull them with a civic, don't catch as many fish but it's fun and dirt cheap.
 
I doubt you'll decrease your $/pound buying a bigger boat. I have a friend who's a committed bachelor and decided a long time ago to spend 10% of his income on fishing. I asked him one time what was the cost per pound and he said that he didn't talk about things like that.
 
$/lb I'd have killed myself had I done that number when I had the 21ft offshore boat.
Use to drive an hour pulling the boat to drive the boat another 1.5 hrs in the boat to get offshore to the rigs to bring home 10 to 20 fish maybe.
 
He built a big damn house in Hatteras, then a dock, then bought a 32' boat to fish the Gulf Stream. I get mine gutted and filleted at the Food Lion. lol
 
Southern Man said:
This boondoggle doesn't provide much more incentive to buy a fuel efficient vehicle than the market already provides. Do you think people like buying gas?
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If it's such a boondoggle then how comes auto sales have sky rocketed as a direct result of this program? There's certainly a big pay back for trading in your old F-250 for a Corrolla in, from a life cycle analysis point, but that was not the only intent. The primary intent was to increase automobile sales. I'd say it's worked quite well. This is a classic example of Keynesian economic principle working. It's a win, win situation.
 
Mott the Hoople said:
If it's such a boondoggle then how comes auto sales have sky rocketed as a direct result of this program? There's certainly a big pay back for trading in your old F-250 for a Corrolla in, from a life cycle analysis point, but that was not the only intent. The primary intent was to increase automobile sales. I'd say it's worked quite well. This is a classic example of Keynesian economic principle working. It's a win, win situation.
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Folks got something that someone else paid for. Zero sum game. *shrug*
 
Damocles said:
Many of the dealers in our area have simply stopped this program because the government has yet to pay them. Most of them are upwards of hundreds of thousands of dollars outstanding.
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The sales guys hate it too. There low end commisions for them (around $100 ea.) and they have to do a ton of paper work to get the government kick back. Of course, it beats being unemployed! In all it's a good program. It's dramatically stimulated auto sales and has pumped a bunch of money back into the economy and loosened up consumer credit for autos. The government will more then recoup their expenditures on this program.
 
Southern Man said:
Folks got something that someone else paid for. Zero sum game. *shrug*
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You never studied economics did you? This program will more then pay for itself in terms of the spin off economy. More car sales means more people getting paid to build and sell cars. That means more money to pay taxes with (instead of collecting unemployment) not to mention sale taxes, tariffs, down stream increase of revenues from increased consumer spending from those it puts back to work, etc, etc. You're sadly mistaken if you think this is a free lunch program.
 
Southern Man said:
Since the government makes money on gas taxes, I don't see how. *shrug*
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Because silly, thats not where the revenue is going to be generated. Increased demand means more car sales, which means more car production, which means more people working and earning wages to make and sell cars and more people earning wages manufacturing and selling parts, materials and services to car manufacturers and the people making the money from increased manufacture and sales and service generating more personal income and paying taxes on that additional income and spending more of that additional income on consumer purchases (which are taxed) and on and on. You're just not doing the math.
 
Mott the Hoople said:
You never studied economics did you? This program will more then pay for itself in terms of the spin off economy. More car sales means more people getting paid to build and sell cars. That means more money to pay taxes with (instead of collecting unemployment) not to mention sale taxes, tariffs, down stream increase of revenues from increased consumer spending from those it puts back to work, etc, etc. You're sadly mistaken if you think this is a free lunch program.
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Any spin off will be eliminated by destroying the wealth inherent in all those old cars. Plus it raises the cost of used cars by reducing the supply. This rich get soaked with higher taxes and the poor get soaked with higher used car prices. It was a bad program.
 
Mott the Hoople said:
Because silly, thats not where the revenue is going to be generated. Increased demand means more car sales, which means more car production, which means more people working and earning wages to make and sell cars and more people earning wages manufacturing and selling parts, materials and services to car manufacturers and the people making the money from increased manufacture and sales and service generating more personal income and paying taxes on that additional income and spending more of that additional income on consumer purchases (which are taxed) and on and on. You're just not doing the math.
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Each new car sold represents less than one man-week's factory work, or less than $1000 in salary. Yet it cost taxpayers $4500, plus some bureaucrat overhead. That's the essence of the math.
 
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