Cash for Clunkers.
You can thank Barack Hussein Obama for the loss of millions of cars.
Its called Fundamental Transformation.
It sucks.
The last new car I purchased was in 1965, and I will never buy another new one.
My housekeeper was lamenting her inability to find a good used car. I told her part of that is on her buddy Obama, and Cash for Clunkers. The car market hadn’t fully recovered from that, when the Covid disruptions hit the market for a double whammy.
I know two guys that had a small, side hustle. They’d go to car auctions and buy a few cars. They knew the owners of the different tow I t companies in the city and were allowed to walk the lot before the auctions to find the decent cars. They had a shade tree mechanic that could fix anything he touched. They made some decent money.
Cash For Clunkers ruined it all for them.