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CARS rebates for your shitty ride
#38 by gtyellow (0.9772) posted on 9:59pm Thursday, June 25th, 2009
President Obama has created a rebate program for those interested in purchasing new more efficient vehicles. Under the law you can trade in any card under 25yrs old that get less than 18mpg. The rebates only applies new vehicles and is capped around 3500-4000. The program will begin in late July to Nov 09. You can find out more detail on this at: http://www.cars.gov
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I personally think this is the best time to purchase a car. Interest rates are low, dealers are motivated to sell and makers are piling up discounts to sell you a car. This is the gravy on top as many new electric models will be rolling out later this year. While they are more expensive this rebate will sure help make the buying decision a bit easier.
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I pee on cultural norms and spit at social faux pas
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Any particular reason?
#45 by BillyMays (0.1005) posted on 3:37pm Monday, June 29th, 2009
I don't think any time is a good time to buy a new car. The amount it will depreciate in the first two years far outweighs the "rebate" you get from Obama.
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Much better financially to just trade in your clunker on a 2-yearish old car thats still under warranty, yet has taken the biggest depreciation hit.
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#48 by gtyellow (0.9772) posted on 3:51pm Monday, June 29th, 2009
Very true, but getting a car is a status symbol. Poor people buy new cell phones, rich people buy new cars, nerds buy new computers.
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I pee on cultural norms and spit at social faux pas
Score: 0 points
Any particular reason?
#49 by BillyMays (0.1005) posted on 3:53pm Monday, June 29th, 2009
I just buy tombstones!
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#51 by gtyellow (0.9772) posted on 3:53pm Monday, June 29th, 2009
what do you want on your tombstone?
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I pee on cultural norms and spit at social faux pas
Score: 0 points
Any particular reason?
Thread Listing » Everything Else » CARS rebates for your shitty ride

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