Friday, August 7, 2009

Cash 4 Clunkers debated

OK, I'm a little confused here. Alexis Glick of FOX News Business Channel admits that she likes and agrees with the "Cash 4 Clunkers" program but yet has nothing good to say about it. I honestly didn't here one positive aspect of this program from her, except that she thinks it generates some false stimulus amongst consumers.

Here is the "Cash 4 Clunkers" program explained in easy to understand terms for people like me.

1 comment:

Anonymous said...

Say what you will, this is a good thing. It is better than just giving cash to people. I used the site WWW.SLICKBUDGET.COM/CASH4CLUNKERS.HTML to get an informed decision on what car to get and it saved me thousands. I ended up getting a Nissan Ultima Hybrid. This saved me $4500 for the clunkers + $2400 in hybrid tax credit + $2000 from the dealer + $3500 from Nissan! That is $12400 off the sticker of $27300 to get me a mid size hybrid that gets 35 MPG for $14900!!! Are you kidding me? AND it has the 100000 mile warranty on the battery.