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It is a CON job by the Federal Government to get people that can't afford a better USED car to spend money they don't have on a NEW car. The MAXIMUM you can get for your 'clunker' is $4,500. If you are not driving a car worth more than that, you can't afford and ADDITIONAL $6000+ for a CHEAP new car.
Edit: Studly needs to read his sources as well. You DO NOT receive a tax credit. You receive a VOUCHER that can be used to purchase the NEW car. If you do not purchase a QUALIFYING new car in the required time, you get NOTHING for the old car. Note: The exact terms were left undecided and will not be known until later this month. Usually you are eligible if your present car's average mileage per gallon is significantly lower than the new purchase. The other thing I learned is that the cash back is in lieu, not in addition to trade in value when you buy a new car. And not every purchase can work out, if the mileages don't quite square. So, for example, I discovered that my 1997 V6 Camry might would not be eligible if I was thinking of buying a 2010 Ford Mustang GT. http://diggingthenews.blogspot.com/2009/…
Cash for clunkers 2009 is a government program that helps people get new cars.
You can read all the details about the cash for clunkers program here: It has not been passed by the senate yet. You can read about what the house proposed so far at http://www.senate.gov/pagelayout/legisla… Ohh so thats what the Cash For Clunkers Program is. Yeah sorry I had no idea you could get a new car like that. What is the cash for clunkers program? What are the basic details of the cash for clunkers program? How much money will I get for my car in 2009 with cash for clunkers. Efflandt needs to actually read the sources he posts to support his answer...it does say that they law was passed and signed already.
How it works is like this. If you own a car made after 1984, and if you have owned it for more then one year, then you can trade it in for a new car and get an immediate tax credit. The amount of the credit (up to $4500) depends on the difference in the "combined mpg" of the new and old cars.
Personally, I think this law is totally stupid, and is nothing but a handout at the taxpayers expense. It will do absolutely nothing to help the climate. It will help to boost the auto industry, which by the way is largely owned by the government. Can you say "conflict of interest"?
But hey! If you can't beat them...join them. I'm trading in my old 1995 TransSport Van for a new Pontiac G3. Worked out a deal with the salesman...then knock off the $1000 dealer incentive, add $1000 employee discount...add the $4500 tax credit....total cost $8200.
While looking I got other offers, and could have picked up a new compact for $7100.
I'm gonna use my new car to drive to the area "Tea Party" rallies.
Edited...Stephen is right. The public understands what a tax credit is....and in the original bill it was designed that way. If you notice in my answer, it does say "immediate tax credit" as opposed to "wait until next year's tax return for your money". However, it evolved into a voucher program on the final legs of passing the bill....and in effect you get the money immediately once you purchase the car. The process adds a few days for the dealer to process the necessary paperwork.
And Stephen....trust me, I read my sources. I've read the entire bill pass by Congress (have you)...I just didn't see the need to put in all of those facts. But thanks for keeping me on my toes.docker pants plaid
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Hope this helps.
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Wisconsin Business Development Finance Corporation provides the knowledge, service and resources that foster economic development solutions to grow new jobs, businesses and communities.
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Thanks,
Management. Hopefully the deceased had some kind of life insurance policy. The funeral home will accept an assignation from the life insurance to cover the costs of burial.
If not, you may need to look at aid from the state or county. The funeral home can give you those options and contact numbers as well.mitsubishi eclipse radio codes
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A grocery store or WalMart probably would if you buy something. A convenience store probably wouldn't. The movie theater might - ask them. I am going to the movies tonight and the ONLY money i have is two $100 bills on my wallet from my paycheck... Are there any stores I could assume would do this? Would the movie theater? or walmart?
I dont want to buy something really expensive or pointless to get cash back if possible. Try taking it to a local bank and asking them to break it.homemade machine pinball
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Skipping payments will KEEP you in debt longer. In addition to what you owe now, you will ADD late fees and additional interest. As you describe your plan, it is the WORST idea conceivable. pay off your debt well i will like to just save money then pay off debt. for example, skip like a payment or two then pay off in full?
i know my credit score will go down but if i dont do it this way i be in debt forever. plus once the debt is gone, and i repair my credit by spending more maturely, it will increase my credit score. so is this a good idea? Skipping payments just so you can make a big payment later is not a good idea. Not only do you get a long lasting ding on your credit, you will be charged late fees and the interest rate will skyrocket on this card and other credit cards you might have.
Making your scheduled payments will save you money and get you to your goal in the same amount of time.
[Added:] Pay as much as you can, not just the minimum payment. At least make the minimum payment to avoid problems with your credit score.wedding invit
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You would need to have the additional 10k you owe in cash available.
They will not accept this as a trade in while you owe so much on it. if you do the deal as you specified , you will be paying 30 000 for a 20 000 dollar car , plus the interest and fees, tax, and title,
i would drive the old car if it runs until i paid for it.
paying 30 000 for 20 000 dollar cars is unwise and will keep you in debt your whole life. but you will look good driving around, if you somehow have gas money. i got my car over a year & half ago. still owe about $17000, but the car value went down to $7000. If i go to trade it in for a car worth $20000, would that be a good idea?? would the dealership work with me?? who wins?? If you trade it in you'd get $7000, still have to pay $10.000 on the old car loan, and have to pay $20.000 for the new car for total payment of $23.000 plus any fines for early repayment of your loan.
Of course they might give you a discount on the new car on top of that, lowering the price a bit.
But you're not going to cheat them out of $10.000 if that was your plan.web master magazine
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I have both a savings account with the bank of Scotland and an ISA with dunfermline building society, I have a card for both (they aren't chip and pin), I have tried to change the pin number on them but the option doesn't come up when I put them into an ATM machine. Any suggestions? Bring it into the bank They will guide you through the steps. Just possibly you aren't doing something correctly now. I had to do this - I am not at all technical, and was doing it wrong. Blog Marketing
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May be...
I have both a savings account with the bank of Scotland and an ISA with dunfermline building society, I have a card for both (they aren't chip and pin), I have tried to change the pin number on them but the option doesn't come up when I put them into an ATM machine. Any suggestions? Bring it into the bank They will guide you through the steps. Just possibly you aren't doing something correctly now. I had to do this - I am not at all technical, and was doing it wrong. Call the bank. Blog Marketing
at
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