cashforclunkers
| 3:00PM 8/11/2009
New York Attorney General Andrew Cuomo has issued cease-and-desist orders to nearly 40 auto dealerships in his state, accusing them of misleading and deceptive advertising practices in their advertisements about the Cash For Clunkers program.What? Car dealers misleading people? What's next?...
| 11:00AM 8/10/2009
I've been ranting about the Cash For Clunkers program for quite awhile -- mainly because I think it's the dumbest idea anyone has had in a long time.But here's yet another reason to hate it; It's making low-priced used cars unavailable, and depriving low- and moderate-income families of badly...
| 12:00PM 8/05/2009
When car manufacturers fell in love with rebates, some car dealers found that these programs didn't increase sales very much; they simply drew the shoppers who intended to buy in the near future. I wondered if Cash For Clunkers might be doing the same thing, leading to a sharp decline in sales...
| 11:30AM 8/03/2009
Lost in the gloating over car sales figures tied to the Cash For Clunkers program is the original intention -- to help clean up the environment by purging the roads of exhaust-belching jalopies. Instead, the legislation has become a handout to the auto industry, or, more accurately, another handout...
| 9:30AM 7/31/2009
It seems timing really is everything. If I had waited just one more day to join the thousands filing into car dealers across the country looking to cash in on the government's latest attempt to reboot the economy, the Cash for Clunkers program, I might not have scored my rebate. "There are quite...
| 11:00AM 6/25/2009
Now that the "Cash for Clunkers" bill is federal law, it's a good time to see if your car is eligible for the $3,500 or $4,500 rebate when buying a new car with better gas mileage.UPDATE: The program was so successful that after learning the program is running out of money, the House of...
| 2:00PM 6/04/2009
Yesterday I wrote about how increased vulture floor traffic at GM and Chrysler dealers has diminished the likelihood you'll be able to negotiate a great deal on a vehicle from these manufacturers. Afterward, I had a chance to discuss the current state of the car shopping market with Phillip Reed,...
| 6:00PM 5/01/2009
Now that President Obama has come down as a supporter of a "Cash for Clunkers" program, lawmakers are getting in gear to move the legislation through the house and the senate. Right now there are two Cash for Clunkers proposals out there, S.247, sponsored by Diane Feinstein back in January, and...
| 1:00PM 1/18/2009
I'm not sure if this goes into the category of greening America or bailing out Detroit, but U.S. Senators Feistein, Collins and Schumer have introduced a measure to set up a voucher program for American auto owners that would pay them thousands of dollars to junk their old, low-mileages vehicles...