07-31-2009, 02:15 AM
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Well, so much for that. Cash for Clunkers is broke.
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07-31-2009, 02:24 AM
How timely! Got a related thread running on the milk and honey side.
07-31-2009, 04:21 AM
cbelt3 wrote: If the goal was to get people to buy, it obviously worked.
07-31-2009, 05:45 AM
Even Tucson's biggest car dealer (and arch-Republican) said it has helped to jump started the auto market.
07-31-2009, 06:17 AM
what did you expect? And Chrysler was matching funds too......
07-31-2009, 07:54 AM
The plan was a one billion dollar appropriation by congress. The plan did not have any way to replenish itself, so it would obviously "go broke" eventually. A poor choice of words, IMHO.
The quicker the funds run out, the more popular the plan is, eh? I deliberately avoided the term "successful" since I have no idea if it is/was.
07-31-2009, 11:39 AM
And the phrase "jumpstart" is kind of misleading IMO since there is no more "gas" to keep sales going after the fact.
07-31-2009, 11:51 AM
"jumpstart" could also mean concentrated sales with lean times for the balance of the year.
Results might be interesting. Cleared lots of 2008 models off of lots ? |
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