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Video: Used Car Prices Up 30% as ‘Clunkers’ Program Disrupts Supply
http://www.cardealerreviews.org/?p=116466 ^
| 8/18/2009
| video
Posted on 08/18/2009 10:27:45 AM PDT by wrrock
click here to read article
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1
posted on
08/18/2009 10:27:45 AM PDT
by
wrrock
To: wrrock
2
posted on
08/18/2009 10:28:18 AM PDT
by
CodeToad
(If it weren't for physics and law enforcement I'd be unstoppable!)
To: wrrock
Poor and minorities hardest hit.
3
posted on
08/18/2009 10:28:51 AM PDT
by
magellan
To: wrrock
Small dealerships that relied on income from trade-ins being sold are likely hardest hit
4
posted on
08/18/2009 10:30:52 AM PDT
by
GeronL
(Pro-Freedom Fiction Writers Unite! - http://libertyfic.proboards.com)
To: wrrock
Let the poor ride the bus!
5
posted on
08/18/2009 10:31:53 AM PDT
by
Dallas59
(Hows My Posting? Please Contact flag@whitehouse.gov)
To: wrrock
“Used Car Prices Up 30% as the government CARS program disrupts supply for used cars. Results: Poor people have trouble finding decent cars and the larger economy will suffer.”
Gosh!
This is such and unexpected terrible news for the poor, the minorities, and the illegals.
Just WHO exactly could have predicted this? I know I didn’t.
And certainly not the eggheads at Congress and the White House. I know they pored over every possible detail and potential outcome of the Cash For Clunkers program. But this was never foreseen.
6
posted on
08/18/2009 10:32:36 AM PDT
by
Sparko
("My name is Barack Obama. I love to hear myself speak. Tune in and drop all independent thought.")
To: wrrock
Seems to me a bunch of people (mostly conservatives) were warning that this very thing would happen.
7
posted on
08/18/2009 10:32:42 AM PDT
by
Domandred
(Fdisk, format, and reinstall the entire .gov system. I am Jim Thompson.)
To: wrrock
Someone needs to give these Harvard and Princeton graduates an economics course.
8
posted on
08/18/2009 10:33:05 AM PDT
by
HollyB
To: Dallas59
Let the poor ride the bus! Let 'em walk. I don't have to subsidize that.
9
posted on
08/18/2009 10:33:31 AM PDT
by
Graybeard58
( Selah.)
To: wrrock
The law of unintended consequences strikes again.
10
posted on
08/18/2009 10:33:57 AM PDT
by
Ben Mugged
(Unions are the storm troopers of socialism.)
To: wrrock
How many more months before Obama and Congress try to bail out those who bought a new car under the Cash-for Clunkers program and can't make the payments???
11
posted on
08/18/2009 10:34:03 AM PDT
by
Dixie Yooper
(Ephesians 6:11)
To: wrrock
Imagine that... who could have foreseen THAT coming????
12
posted on
08/18/2009 10:34:53 AM PDT
by
Mr. K
(THIS ADMINISTRATION IS WEARING OUT MY CAPSLOCK KEY DAMMIT DAMMIT DAMMIT!!!!!)
To: wrrock
My father just told me yesterday — he has an ‘07 Chrysler Town and Country on which the lease is up in September. Buyout is around $13.5K. Used ‘07s are listing for $17.5 to $18K where he’s at now due to lack of inventory.
13
posted on
08/18/2009 10:36:07 AM PDT
by
model B
(attitude is a little thing that makes a big difference -- Sir Winston Churchill)
To: Sparko
And certainly not the eggheads at Congress and the White House. I know they pored over every possible detail and potential outcome of the Cash For Clunkers program. But this was never foreseen.It gets better. When the Senate was considering the legislation to add two billion to the Clunkers program, Tom Coburn proposed an amendment that would allow the donation of the trade-ins to charities or the poor. Just about every Dem voted against it. That should be a good wedge issue in 2010.
14
posted on
08/18/2009 10:37:21 AM PDT
by
dirtboy
To: wrrock
Man, Obama is just making my policy class for next term. I won’t even have to make a syllabus, just tell the class to turn on the news and pick a story! So many policy failures, so little time. : )
15
posted on
08/18/2009 10:37:22 AM PDT
by
radiohead
(Buy ammo, get your kids out of government schools, pray for the Republic.)
To: wrrock
16
posted on
08/18/2009 10:37:37 AM PDT
by
ryan71
(We out number them so lets act like it)
To: wrrock
Well now we’ll be forced to buy them Chinese cars so they can go pick up the welfare check
17
posted on
08/18/2009 10:37:41 AM PDT
by
1000 silverlings
(everything that deceives, also enchants: Plato)
To: Dallas59
Bingo! They WANT the poor on public transit (and will eventually work their way up the food chain to get all the rest of us)
To: Dallas59
That’s the plan. Obama said he wants America off oil by 2020. He is the anti-Henry Ford.
19
posted on
08/18/2009 10:39:00 AM PDT
by
massgopguy
(I owe everything to George Bailey)
To: wrrock
of course, all of the demand is being front loaded, and if C for C is not renewed we may see prices for ALL cars, new and used, collapse in the 4th qtr.
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