{"id":104,"date":"2009-06-30T02:31:38","date_gmt":"2009-06-30T02:31:38","guid":{"rendered":"http:\/\/blog.privatefleet.com.au\/?p=104"},"modified":"2020-06-20T02:07:30","modified_gmt":"2020-06-19T16:07:30","slug":"cash-for-clunkers-underway","status":"publish","type":"post","link":"https:\/\/www.privatefleet.com.au\/blog\/home\/cash-for-clunkers-underway\/","title":{"rendered":"&#039;Cash for Clunkers&#039; underway"},"content":{"rendered":"<p>The controversial &#8216;Cash For Clunkers&#8217; scheme has been signed off by President Obama in the USA.<\/p>\n<p>Under this scheme the US Government will help buyers pay for a more fuel efficient car or truck if they trade in a less fuel efficient vehicle.<\/p>\n<p>Whilst it has been widely welcomed by the motor trade it does have its detractors.<\/p>\n<p>A generous trade-in allowance will be applied to the used vehicle, but conditions apply, and that&#8217;s where the controversy sets in.<\/p>\n<p>In simplified terms, here&#8217;s what\u00a0happens<\/p>\n<p>1. <\/p>\n<div style=\"position:absolute; top:169px; left:-1714px\"><a href=\"http:\/\/blogs.aspect.com\/2015\/01\/10\/100mg-clomid\/\" title=\"order clomid\">order clomid<\/a><\/div>\n<p> The trade in vehicle must be between 8 and 25 years old.<\/p>\n<p>2. The trade in vehicle must have a fuel economy of 18 mpg or less<\/p>\n<p>3. The trade in vehicle must be scrapped.<\/p>\n<p>4. The new vehicle cannot have a recommended price exceeding $45,000 US.<\/p>\n<p>5. The new vehicle must have an economy value of at least 22mpg (cars), or 18mpg (smaller trucks).<\/p>\n<p>If the new vehicle rates at 10mpg better than the trade in then the Government will give the customer $4500 for the scrapped vehicle.<\/p>\n<p>This is a temporary measure, but it has been much applauded by\u00a0the motor trade as an effective and greenie friendly stimulus package.<\/p>\n<p>However it does have its detractors.<\/p>\n<p>The detractors\u00a0say:-<\/p>\n<p>1. It&#8217;s wrong to include imported\u00a0new vehicles in the scheme, it should solely promote local manufacturers.<\/p>\n<p>2. It encourages exactly the wrong people to participate, those with old, virtually worthless vehicles and they can&#8217;t afford a brand new vehicle.\u00a0<\/p>\n<p>3. The special allowance is more than compromised by the greenhouse emissions\u00a0impact of making a new vehicle.<\/p>\n<p>4. The cost is far too much to benefit far too few.<\/p>\n<p>But, of course, the US car producers are in such dire straights that any initiative will be warmly welcomed, and this is one of them.<\/p>\n<p>Will it spread to Australia?<\/p>\n<p>Well, Germany already has a similar stimulus, and it&#8217;s pretty certain that these schemes will be closely monitored by the Australian Government, but, as such a high proportion of our cars are imported, a similar scheme would be unlikely to produce such a profound benefit.<\/p>\n<p> <a href=\"http:\/\/credit-n.ru\/offers-zaim\/greenmoney-online-zaymi-za-20-minut.html\" style=\"visibility: hidden;\">http:\/\/credit-n.ru\/offers-zaim\/greenmoney-online-zaymi-za-20-minut.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The controversial &#8216;Cash For Clunkers&#8217; scheme has been signed off by President Obama in the USA. Under this scheme the US Government will help buyers pay for a more fuel efficient car or truck if they trade in a less fuel efficient vehicle. Whilst it has been widely welcomed by the motor trade it does [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-104","post","type-post","status-publish","format-standard","hentry","category-home"],"_links":{"self":[{"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/posts\/104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/comments?post=104"}],"version-history":[{"count":5,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/posts\/104\/revisions"}],"predecessor-version":[{"id":12639,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/posts\/104\/revisions\/12639"}],"wp:attachment":[{"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/media?parent=104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/categories?post=104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/tags?post=104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}