Quote:
Originally Posted by cfg83
theycallmeebryan -
Wow, your sister is "one with the stats".
CarloSW2
|
I guess you can say that
.
Quote:
|
Originally Posted by Vwbeamer
Are you kidding ? Average profit on a new car sale is about $1300.00 The profit comes from the trade in, which was taken away by the rebate.
So the dealer is out $3200.00 until the rebate comes. One local dealer is selling the better Clunker cars rather than waiting on the rebates.
The program was a total failure. The reduction in emmisions is less than 1%. We paid out 3 billion for very little.
|
Well, in my sisters case, the 1996 blazer she had was nothing but a nightmare in every possible way. She kept having to either pour out money for repairs on the thing (if me and my father couldn't fix it in our driveway, or didn't have the time to do it), or she would be left stranded on the side of the road broken down. It got to the point where she was afraid to drive the thing out of town because she was afraid of being left stranded.
Using the CFC program was a no brainer for my sister. She was due for a new car anyway, we would have never got $4500 for her truck, and she more than doubled her fuel efficiency (from like 15-16mpg at best to over 30mpg easy) by getting a brand new fully loaded 09' Hyundai elantra. After all the rebates she qualified for, she walked out the door with the car for $10,900, and the total before rebates was around $21,000.
Hyundai made sure every single piece of documentation that was needed for the CFC program was completed. They required her to go to the dmv to get a registration history (i think), along with a bunch of other legal documentation. Hyundai went out of their way to make sure everything with the CFC program was met properly (pretty much to cover their butts in the transaction).
So overall, it was a good situation for her. She bought the car with cash, so there are no payments to deal with. With all the warranties that hyundai gives you, she'll be safe and covered for the next 7-10 years, and after that.... well the car looks easy to work on
