Saturday, August 01, 2009

Update Cash for Clunkers

I learn this morning that the Gummint is trying to extend the C4C program because it is so wildly popular. Giveaway programs are often wildly popular and demonstrates the folly of such things. Government doesn't have any money except that they take from us, so having them extend a program doesn't cost them anything; it costs us.

Even so, you can't trade in your full-size Ford pickup for a new full-size Ford pickup. The gummint doesn't allow that. You've got to trade in your full-size pickup for something with better gas mileage. Unless you know how to game the system. Here's how it works. Looks perfectly legal to me.

Basically, you trade in the gas-guzzler pickup and take possession of a nice little economy car. You've got your $4500.00 rebate. Then sell the damned thing. Even if you lose a thousand on the new car, you're still ahead on the pickup deal. Then take that chunk of cash and go put it down on a new full-size pickup.

It'll take a little finagling, a little planning, but it's do-able.

As for myself, I don't buy new pickup trucks. I let someone else drive the new off of them and buy used pickups. My '01 F150 had plenty of miles left in it.

1 comment:

Old NFO said...

Yep, people are going to "game" the system... Hell, I wish I'd thought of that :-)