- Location
- MilkyWay Galaxy
My favorite bumper sticker!
"Don't laugh, It's payed for!"
"Don't laugh, It's payed for!"
I am considering doing this. trade in My XJ @ 228k, replace wife's ailing Corolla, at 201k (and working on it every week) to get her a new yaris, 16k and change new, with the 4500 incentive, plus another 3600 saved up, we pay for half, finance the rest for 36 months at 5.9% apr it is about $250 a month. I drive the corolla till i get a new job, then i sell it and buy a newer XJ. I can only hope the vehicles go to the pick and pulls, where we can all feast on the huge influx of parts. I of course will pull EVERYTHING that has any value to me, and sell or put it on my next jeep. Knowing that it is going to the bone yard or the crusher, it really only has to get me to the dealer. and yes, I have been debating buying a new car for months now. look at the used values for yaris and corollas. you pay 5000.00-6000.00 less for a 5 year old toyota with 60-100k mi on it than you would for a brand new one with a waranty and no miles. duh.
crap, they changed the MPG rating for the old cars... the XJ now has 18... DANG IT!!!
are you upset because you were wrong? thanks for calling me an a**hole in not so many words. what do you have a notification set for if i make a post?
I was going to be buying a new car for the wife anyway and this deal falls in my lap, might as well take it. I'll end up buying something else to fill the gap that I use the XJ for, but I've been wanting to get rid of it and get a 4Runner anyway. You know, something that doesn't break down every other week.I am considering doing this. trade in My XJ @ 228k, replace wife's ailing Corolla, at 201k (and working on it every week) to get her a new yaris, 16k and change new, with the 4500 incentive, plus another 3600 saved up, we pay for half, finance the rest for 36 months at 5.9% apr it is about $250 a month. I drive the corolla till i get a new job, then i sell it and buy a newer XJ. I can only hope the vehicles go to the pick and pulls, where we can all feast on the huge influx of parts. I of course will pull EVERYTHING that has any value to me, and sell or put it on my next jeep. Knowing that it is going to the bone yard or the crusher, it really only has to get me to the dealer. and yes, I have been debating buying a new car for months now. look at the used values for yaris and corollas. you pay 5000.00-6000.00 less for a 5 year old toyota with 60-100k mi on it than you would for a brand new one with a waranty and no miles. duh.
X2This is obviously another "smoke and mirrors" program designed to make Green people feel good and real people more angry at our govermental leaders.
The cost of the program will be absorbed by all taxpayers, it will net little to no benefit to our society. We already have too many programs that are focused on making special interests feel good, are finanaced by the masses and bring no benefit to our society as a whole.
If these jackasses in Washington wanna keep coming up with this crap and presenting it as "money well spent and a benefit to society", then I want them to produce a business plan with a clear and concise Return on Investment strategy, just like any prospective business must do, in order to secure financing. I also want them to be held accountable and any new project that is approved must also have an end date, if the business plan is not met.
If it's not "profitable", it's shut down. :smsoap:
You are not going to be the only one in this situation. Nobody is going to turn down a scrappage deal that clearly saves them money acquiring their next vehicle. That's why these schemes are popular around the world.I know some people might be pissed because I'll be doing it with a very clean 99 with only 105k on it, but unless someone wants to pony up 4500 bucks for it I don't mind seeing it scrapped.
In Europe no part of a scrappage vehicle is rescued. The whole lot goes to materials recovery, melted down, shredded, whatever.It's been nothing but a pain in my arse anyway. I'm glad I kept all my old parts, it will be getting turned in throwing about 17 different codes and barely running.
It looks like scrapping the engine/trans will be required, but the fate of the rest of the vehicle lies with whatever yard ends up with it.
Nope, not good news. The term "drivetrain" can easily be designed to include axles and driveshafts along with engine, transmission, and transfer case. Basically, what it's telling you is that you are not able to buy anything except interior pieces and body panels. For our hobby, the drivetrain is the most valuable portion of the crushed vehicle.Well good news, I think.
www.cars.gov
Under their FAQ:
What happens to the vehicle I trade in?
The CARS Act requires that the trade-in vehicle be crushed or shredded so that it will not be resold for use in the United States or elsewhere as an automobile. The entity crushing or shredding the vehicles in this manner will be allowed to sell some parts of the vehicle prior to crushing or shredding it, but these parts cannot include the engine or the drive train.
Just like Japan. Five years, 100,000km, and they tax it till you squeal. It's a good thing they don't do it here, our driveway would be empty. Talk about artificially stimulating your economy.....