Comments on: Cash for Clunkers Program May Get More Funds – But is the Program Good for Consumers? http://ptmoney.com/2009/07/31/cash-for-clunkers-program-may-get-more-funds-but-is-the-program-good-for-consumers/ Real Personal Finance for a Life Without Limits! Thu, 18 Mar 2010 03:52:01 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Car Allowance Rebate System Was A Success http://ptmoney.com/2009/07/31/cash-for-clunkers-program-may-get-more-funds-but-is-the-program-good-for-consumers/comment-page-1/#comment-5384 Car Allowance Rebate System Was A Success Mon, 02 Nov 2009 16:02:04 +0000 http://ptmoney.com/?p=3365#comment-5384 [...] sounded like it was a great idea that got bogged down by politics.  Well it seems I was wrong.  Cash For Clunkers is already running out of money! Reports are that the Transportation Department has instructed car [...]

[...] sounded like it was a great idea that got bogged down by politics.  Well it seems I was wrong.  Cash For Clunkers is already running out of money! Reports are that the Transportation Department has instructed car [...]

]]> By: What’s Happening with Cash for Clunkers Program? http://ptmoney.com/2009/07/31/cash-for-clunkers-program-may-get-more-funds-but-is-the-program-good-for-consumers/comment-page-1/#comment-4315 What’s Happening with Cash for Clunkers Program? Tue, 04 Aug 2009 11:20:00 +0000 http://ptmoney.com/?p=3365#comment-4315 [...] you think this program is beneficial in the short or long run? Will you pass on the program or are you taking advantage of [...]

[...] you think this program is beneficial in the short or long run? Will you pass on the program or are you taking advantage of [...]

]]> By: Famous money quotes edition of the COPF http://ptmoney.com/2009/07/31/cash-for-clunkers-program-may-get-more-funds-but-is-the-program-good-for-consumers/comment-page-1/#comment-4307 Famous money quotes edition of the COPF Mon, 03 Aug 2009 15:53:45 +0000 http://ptmoney.com/?p=3365#comment-4307 [...] PT Money from Prime Time Money presents Cash for Clunkers Program May Get More Funds - But is the Program Good for Consumers? [...]

[...] PT Money from Prime Time Money presents Cash for Clunkers Program May Get More Funds – But is the Program Good for Consumers? [...]

]]> By: Alexander http://ptmoney.com/2009/07/31/cash-for-clunkers-program-may-get-more-funds-but-is-the-program-good-for-consumers/comment-page-1/#comment-4298 Alexander Mon, 03 Aug 2009 08:05:54 +0000 http://ptmoney.com/?p=3365#comment-4298 To me this has no win-win situation, but rather its to slow down the Depression we seem to be going into. I like many others see this as another debt ridden legislation but I also see how fixated Americans have become with been more than their status gives them ability to be. To much TV of rich people I guess. To think of it, I don't remember my middle income family back in the 70 and 80 ever buying a new car, mostly 2 and 3 year old and holding them for easy 7 to 10 years. I for one have kept that idea, as long as the car is kept clean and maintained its really the same car as when it was new, sure a nice paint job and some detailing makes more sense than getting saddle with another expensive debt. As my dad and mom still say, Debt is bad, no matter who much marketing hype they do, even education debt is bad considering that so few professions make any real capital gain to a person. To me this has no win-win situation, but rather its to slow down the Depression we seem to be going into. I like many others see this as another debt ridden legislation but I also see how fixated Americans have become with been more than their status gives them ability to be. To much TV of rich people I guess.

To think of it, I don’t remember my middle income family back in the 70 and 80 ever buying a new car, mostly 2 and 3 year old and holding them for easy 7 to 10 years. I for one have kept that idea, as long as the car is kept clean and maintained its really the same car as when it was new, sure a nice paint job and some detailing makes more sense than getting saddle with another expensive debt.

As my dad and mom still say, Debt is bad, no matter who much marketing hype they do, even education debt is bad considering that so few professions make any real capital gain to a person.

]]> By: Gerald Wade http://ptmoney.com/2009/07/31/cash-for-clunkers-program-may-get-more-funds-but-is-the-program-good-for-consumers/comment-page-1/#comment-4295 Gerald Wade Sun, 02 Aug 2009 21:08:57 +0000 http://ptmoney.com/?p=3365#comment-4295 Who was the genus that figured out that the people who could afford new cars were the ones driving the clunkers and needing help improving there gas mileage or buying a car. The Cash For Clunkers program will not help the people who really need help. Who was the genus that figured out that the people who could afford new cars were the ones driving the clunkers and needing help improving there gas mileage or buying a car. The Cash For Clunkers program will not help the people who really need help.

]]> By: Is The Cash for Clunkers Car Buying Stimulus Program Dead? | Mortgage Info Today Blog http://ptmoney.com/2009/07/31/cash-for-clunkers-program-may-get-more-funds-but-is-the-program-good-for-consumers/comment-page-1/#comment-4291 Is The Cash for Clunkers Car Buying Stimulus Program Dead? | Mortgage Info Today Blog Sat, 01 Aug 2009 13:21:58 +0000 http://ptmoney.com/?p=3365#comment-4291 [...] Cash for Clunkers Program May Get More Funds – But is the Program Good for Consumers? at Prime Time Money [...]

[...] Cash for Clunkers Program May Get More Funds – But is the Program Good for Consumers? at Prime Time Money [...]

]]> By: Is The Cash for Clunkers Car Buying Stimulus Program Dead? | Personal Finance - Thecreditcardfiles.com http://ptmoney.com/2009/07/31/cash-for-clunkers-program-may-get-more-funds-but-is-the-program-good-for-consumers/comment-page-1/#comment-4289 Is The Cash for Clunkers Car Buying Stimulus Program Dead? | Personal Finance - Thecreditcardfiles.com Sat, 01 Aug 2009 12:23:08 +0000 http://ptmoney.com/?p=3365#comment-4289 [...] Cash for Clunkers Program May Get More Funds – But is the Program Good for Consumers? at Prime Time Money [...]

[...] Cash for Clunkers Program May Get More Funds – But is the Program Good for Consumers? at Prime Time Money [...]

]]> By: thom young http://ptmoney.com/2009/07/31/cash-for-clunkers-program-may-get-more-funds-but-is-the-program-good-for-consumers/comment-page-1/#comment-4281 thom young Fri, 31 Jul 2009 15:58:27 +0000 http://ptmoney.com/?p=3365#comment-4281 horrible idea just like all the bailouts that were nothing but a banker takeover in disguise, and don't be fooled by this sucker's rally, sell all your stocks and buy gold and its related shares, the dollar is going down big time, notice that the stocks are going up right now, but your purchasing power isn't, obama is being revealed for the puppet that he is, just a pawn in the international bankers cabal horrible idea just like all the bailouts that were nothing but a banker takeover in disguise, and don’t be fooled by this sucker’s rally, sell all your stocks and buy gold and its related shares, the dollar is going down big time, notice that the stocks are going up right now, but your purchasing power isn’t, obama is being revealed for the puppet that he is, just a pawn in the international bankers cabal

]]> By: Bible Money Matters http://ptmoney.com/2009/07/31/cash-for-clunkers-program-may-get-more-funds-but-is-the-program-good-for-consumers/comment-page-1/#comment-4278 Bible Money Matters Fri, 31 Jul 2009 13:24:39 +0000 http://ptmoney.com/?p=3365#comment-4278 My guess is that you're right - far too many people who should not have been buying a new car decided to anyway because of the "incentives". My guess is that the congress and our president will find a way to get the program some more money and have it reinstated. Unfortunately. My guess is that you’re right – far too many people who should not have been buying a new car decided to anyway because of the “incentives”. My guess is that the congress and our president will find a way to get the program some more money and have it reinstated. Unfortunately.

]]> By: My Journey http://ptmoney.com/2009/07/31/cash-for-clunkers-program-may-get-more-funds-but-is-the-program-good-for-consumers/comment-page-1/#comment-4277 My Journey Fri, 31 Jul 2009 13:03:12 +0000 http://ptmoney.com/?p=3365#comment-4277 "Can you afford a new car? Lastly, should the US Government be in the business of encouraging more debt? Isn’t that partly why we’re in our current recession? How many of these consumers are laying down cash for their new ride? Likely not many. And the folks rolling around in a $3,500 vehicle before the program likely should not be financing a new ride. Just my take." Ummm....don't some economists blame our current home problems on Clinton's FORCING OF BANKS to lend to people who couldn't afford the home they were buying? The answer is yes, but links aren't included lol “Can you afford a new car? Lastly, should the US Government be in the business of encouraging more debt? Isn’t that partly why we’re in our current recession? How many of these consumers are laying down cash for their new ride? Likely not many. And the folks rolling around in a $3,500 vehicle before the program likely should not be financing a new ride. Just my take.”

Ummm….don’t some economists blame our current home problems on Clinton’s FORCING OF BANKS to lend to people who couldn’t afford the home they were buying? The answer is yes, but links aren’t included lol

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