komp55

They're eligible:

CharlyE500

So ??????? they only give you max of $4500 to trade in

prodigymb

i thought they give you 4,500$ on top of the trade in value of your car

msheredy

Sure some cars are indeed clunkers but half (probably a conservative guesstimate) of the cars being traded in aren't clunkers.

Once traded in the dealerships must rendering the engine inoperable [Read] destroy them!

http://jalopnik.com/5327580/video-ho...r-clunkers-car

What a freaking waste

RHBENZ

All my but one of may cars are considered clunkers, the oldest clunker is a 2005 Suburban with 33k miles. How will this effect the used car market?

komp55

The trade in value won't be for more than the scrap value of the car. From cars.gov:

"In addition to this credit, will I get the full value of my trade-in vehicle?

No. The law requires your trade-in vehicle to be destroyed. Therefore, the value you negotiate with the dealer for your trade-in vehicle is not likely to exceed its scrap value. The law requires the dealer to disclose to you an estimate of the scrap value of your trade-in vehicle."

I can only imagine the number of people who are getting screwed by car dealers on trade (salvage) values by this incredibly stupid government program. Why should my taxes be subsidizing your purchase of a car? Freakin' insane.

dpavid

Hell no! Not an AMG. Unless you can show me a fuel efficient car that puts a bigger smile on my face every time I start it....

prodigymb

heheh wait till communism healthcare rolls around

i can't believe people actually fall for his non-sense

Jen_Kenne

I have a new car. I'm waiting for the rest of the socialist programs:

1. Cash for Carpeting;
2. Cash for Condominiums; and,
3. Cash for Condoms.

As Churchill said, "The inherent vice of capitalism is the unequal sharing of the blessings. The inherent blessing of socialism is the equal sharing of misery."

AZIPOD

The "clunkers" will ultimately be destroyed. The dealer has a responsibility of disabling the car before it gets destroyed, this makes sure that the car will never see the streets again. Someone at the dealer told me that they poor some sort of liquid into the engine to disable the power plant. Then at some point the cars will get hauled off to the scrap yard where they would be destroyed.

Since the car will be scrap, there will be NO TRADE-IN VALUE offered by the dealership for your car. The $4500 is all the credit you are going to get, plus some. A friend of mine who traded in a mini-van got $200 from the dealership on top of the $4500 for "scrap value."

You'll be better off trading in your car for credit as oppose to taking the government's $4500. I can't imagine someone wanting to surrender their lovely E55 so that it could be crushed and scraped for metal. That's a horrible thing to do to an E55.

zoink

I'll pay $4500 for your E55, OP (or whoever is thinking of doing this).

Yacht Master

Repost from other form....
Can't wait to see a W210 go through the cash for clunkers.
Calling all spring perch victims!

http://www.youtube.com/watch?v=waj2KrKYTZo

YouTube - Cash for Clunkers: How to destroy an engine.

http://www.youtube.com/watch?v=qjBilHH5z2A

http://www.youtube.com/watch?v=BfeiEwetEkU

This program C.A.R.S. (cash for clunkers) goes against any good reason. I do not endorse it or approve of it in any form, it is wasteful.
The Japanese manufactures stand to gain the most new car business and China gets all the scrap. US tax payers get a loose loose situation.

MBZFAN55

Can you imagine standing there as they pour the sodium silicate into that hand built E55 AMG engine ?

Oxygen

Let's see them pour sodium silicate in the SL65 AMG Black Series - The REAL polluter!

Jen_Kenne

If you are considering the Federal program, PM me. I'll buy your car for more than Obama.

blackbenzz

+1

Vic55

E55 is not on the list and as mentioned the max is 4500.00 I am only seeing junkmobiles come in right now. If your car is worth more than 4500 ACV on trade why use the program?


1990 Mercedes-Benz 300-Class 3.0L 6cyl 4A RWD Passenger Car
1990 Mercedes-Benz 300-Class 2.6L 6cyl 4A RWD Passenger Car
1990 Mercedes-Benz 300-Class 3.0L 6cyl 4A AWD Passenger Car
1990 Mercedes-Benz 300-Class 3.0L 6cyl 5M RWD Passenger Car
1991 Mercedes-Benz 300-Class 3.0L 6cyl 4A RWD Passenger Car
1991 Mercedes-Benz 300-Class 3.0L 6cyl 4A AWD Passenger Car
1991 Mercedes-Benz 300-Class 3.0L 6cyl 5M RWD Passenger Car
1992 Mercedes-Benz 300-Class 3.0L 6cyl 4A RWD Passenger Car
1992 Mercedes-Benz 300-Class 3.0L 6cyl 4A AWD Passenger Car
1992 Mercedes-Benz 300-Class 3.2L 6cyl 5A RWD Passenger Car
1992 Mercedes-Benz 300-Class 3.0L 6cyl 5M RWD Passenger Car
1993 Mercedes-Benz 300-Class 3.0L 6cyl 4A AWD Passenger Car
1993 Mercedes-Benz 300-Class 3.2L 6cyl 5A RWD Passenger Car
1992 Mercedes-Benz 400-Class 4.2L 8cyl 4A RWD Passenger Car
1993 Mercedes-Benz 400-Class 4.2L 8cyl 4A RWD Passenger Car
1990 Mercedes-Benz 420-Class 4.2L 8cyl 4A RWD Passenger Car
1991 Mercedes-Benz 420-Class 4.2L 8cyl 4A RWD Passenger Car
1990 Mercedes-Benz 500-Class 5.0L 8cyl 4A RWD Passenger Car
1992 Mercedes-Benz 500-Class 5.0L 8cyl 4A RWD Passenger CarBack to top
1993 Mercedes-Benz 500-Class 5.0L 8cyl 4A RWD Passenger Car
1990 Mercedes-Benz 560-Class 5.6L 8cyl 4A RWD Passenger Car
1991 Mercedes-Benz 560-Class 5.6L 8cyl 4A RWD Passenger Car
1992 Mercedes-Benz 600-Class 6.0L 12cyl 4A RWD Passenger Car
1993 Mercedes-Benz 600-Class 6.0L 12cyl 4A RWD Passenger Car
1994 Mercedes-Benz E-Class 3.2L 6cyl 4A RWD Passenger Car
1994 Mercedes-Benz E-Class 4.2L 8cyl 4A RWD Passenger Car
1995 Mercedes-Benz E-Class 3.2L 6cyl 4A RWD Passenger Car
1995 Mercedes-Benz E-Class 4.2L 8cyl 4A RWD Passenger Car
1997 Mercedes-Benz E-Class 4.2L 8cyl 5A RWD Passenger Car
1998 Mercedes-Benz M-Class 3.2L 6cyl 5A AWD Category 1 Truck
1994 Mercedes-Benz S-Class 3.2L 6cyl 5A RWD Passenger Car
1994 Mercedes-Benz S-Class 4.2L 8cyl 4A RWD Passenger Car
1994 Mercedes-Benz S-Class 5.0L 8cyl 4A RWD Passenger Car
1994 Mercedes-Benz S-Class 6.0L 12cyl 4A RWD Passenger Car
1995 Mercedes-Benz S-Class 3.2L 6cyl 5A RWD Passenger Car
1995 Mercedes-Benz S-Class 4.2L 8cyl 5A RWD Passenger Car
1995 Mercedes-Benz S-Class 5.0L 8cyl 4A RWD Passenger Car
1995 Mercedes-Benz S-Class 6.0L 12cyl 4A RWD Passenger Car
1996 Mercedes-Benz S-Class 3.2L 6cyl 5A RWD Passenger Car
1996 Mercedes-Benz S-Class 4.2L 8cyl 5A RWD Passenger Car
1996 Mercedes-Benz S-Class 5.0L 8cyl 5A RWD Passenger Car
1997 Mercedes-Benz S-Class 3.2L 6cyl 5A RWD Passenger Car
1997 Mercedes-Benz S-Class 4.2L 8cyl 5A RWD Passenger Car

Marcus Frost

I think he was being sarcastic guys...

-m

zoink

Heyyy.... see post #11... get in line, buddy! This ain't ebay

You too blackbenzz.... seniority doesn't apply here. LOL

Pay2Play

That's just to F'in funny. Oh, and when cash for breast implants comes around, I'm all in.