[raybbr]

One of my cars is eating oil and anti-freeze. We’ll be shopping for a used car soon. Thanks Obama for “Cash for Clunkers” for folks that could afford a new car . . . because those of us that can’t have to pay 10% more now for used cars. Bastard

That's a myth. The program only took 690K cars out of 240 million. That's about .03% of all used cars.

The program was attempted feel good payoff to U.S. car unions. It didn't work and the program did nothing to "stimulate".

I see more used car lots filling up around me every day. The real reason that used cars may be higher is that people are buying less new cars. In places where the economy is tanking worse than others used car prices are up because that's all they can afford.

Use your local Craig's list to find a used car. Buy one from an owner. There are good cars available.

[November 2010]

You are making assumptions that are incorrect. Used car sales are down. Demand is down, prices are up, which means supply is down.

http://www.autoobserver.com/2009/02/used-car-sales-struggle-along-with-everything-else-auto.html

[November 2010]

Used car prices went up every month in 2009, fueled by a decrease in trade-ins and lower inventories from Cash for Clunkers. Analysts believe prices will start to level off in 2010 as new car sales increase at an expected rate of 15%. While it is good news, these same analysts say it will take several years before supply returns to the levels of the previous decade.

http://blogs.cars.com/kickingtires/2010/01/used-car-prices-could-drop-in-2010.html

[November 2010]

Only figure I could find was 40 million used car sales a year:

40,000,000 and 690,000 = 1.75%

Remember that in a recession most will keep the car they have rather than buy new or used. So less go on the market from that as well, but demand will reduce also.

Used cars can be sold multiple times and this idiot government DESTROYED the cars. So it’s a muliplier past 1.75%

http://goliath.ecnext.com/coms2/gi_0199-1209438/Of-the-around-40-million.html