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It wasn't a total loss ...
"and the program also liberated 22 Americans from the burden of owning a Peugeot."
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How could you turn in a clunker "less than a year old?" The law said it had to be 2002 or older.
Also, there are two types of idiots here: the morons owners who "clunked" rare cars that were worth much more than the clunker rebate, and the lazy or clueless car dealerships who should have paid the owner the rebate out of their own pocket, and made a handsome profit on the resale.
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Jeebus! A GNX? That thing is worth about 4-5 times what he got for it as trade-in. fargin' idiot!
That and the Typhoon.
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I call BS on that article*. Some things don't make sense (like how do you turn in a 2008 clunker when the program rules don't allow it, not to mention that there's no discussion of the condition of those supposed rare vehicles. Anyway, as Acer indicated, the "FAIL" would be with the moronic owners junking rare and valuable vehicles if true (or the even more moronic car dealers for clunking vehicles they could make money on).
*not to mention that their gawdawful website doesn't render properly in Firefox.
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Will there be similar deal for old bicycles?
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Agree, it's a bogus article. You can't believe everything you read on the net no matter how official it looks. :bs:
Side note regarding the comments about dealers; they were prohibited from reselling cars taken in under the program. I believe Acer was alluding to this with the comment about paying out of pocket, implying that they would not process the car through the program.
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Watch it OP. C4C has a special place in some people's hearts around here. Don't question it or else..