Gas runs out on Cash for Clunkers

Full story: WHEC-TV Rochester, NY

The government's Cash for Clunkers program has run out of gas. It's been so successful that the program is running out of money, and now people who were hoping to trade in their gas guzzlers are out of luck.
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1 - 20 of 22 Comments Last updated Aug 1, 2009
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That Guy

Rochester, NY

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#1
Jul 30, 2009
 
Obamanomics at its best...
Deb

Elmhurst, IL

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#2
Jul 30, 2009
 
I am MORE THAN DISAPPOINTED!!!!!!!!!! YOU CAN NOT COUNT ON THE GOVERNMENT FOR ANYTHING!!!!!!!!
Paulie B

Ontario, NY

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#3
Jul 31, 2009
 
Lot of people got scammed on this one!
pkt

Rochester, NY

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#4
Jul 31, 2009
 
Ok..... So let me get this straight. They ran out of money a week into it. Hmmmmmm.... So, I have an idea!!! Lets pass a health care plan as fast as possible because I'm sure they have lots of money for that! Common sense people!!!! Duh! Oh wait! I have a better idea! Lets go have a beer!
Rochester

United States

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#5
Jul 31, 2009
 
This was a SCAM folks by OVOMIT! And you want them to run healthcare -start emailing/calling your senators/congressman to stop this!
It was stupid anyway

Ontario, NY

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#6
Jul 31, 2009
 
They would buy foreign cars anyway.
Jamit

Rochester, NY

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#7
Jul 31, 2009
 
Lets not blame the govt. for this. Surely it could have been run in a better manner. They clearly stated that the program would run until Nov 1 or when money ran out. Some dealers have been taking trades on this since July 1 when they really were not supposed to. Top economic analysts also told people not to wait and that the money would be gone very quickly. The old time phrase applies here, you snooze you lose.
Cooden

United States

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#8
Jul 31, 2009
 
I agree with Jamit, every ad I saw about Cash for Clunkers said till Nov. 1st or when the money runs out. I mean, that isn't really hard to follow. If you are one of the people upset about it, get over it--you were just late getting to the deal. It's called life, so learn to accept it.
Seriously

Rochester, NY

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#9
Jul 31, 2009
 
Looks to me like this program was a rousing success! The idea was to provide an incentive to buy a new vehicle.... and they FLEW off the lots!

Anyone that is complaining that it was a scam or poorly managed obviously doesn't get the point!
sandy-Rochester

United States

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#10
Jul 31, 2009
 
Ah-ha-ha-ha! Man, why am I not surprised at this? A week into it and the money's dried up. TOO successful! Congratulations to those who didn't "snooze", the rest of us will just have to wait for the next bright idea.
care-a-lot

East Aurora, NY

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#11
Jul 31, 2009
 
How about a little pre-planning and stop rushing everything.. Your ideas keep backfiring on you. Everyone is losing faith in Obama and the system all together. Leave healthcare alone... See what happens when the government gets involved. Land of the free home of the brave... Don't seee this being upheld...
Seriously

Rochester, NY

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#12
Jul 31, 2009
 
care-a-lot wrote:
See what happens when the government gets involved.
Um, what happened when the government got involved? It appears that they created a successful program that helped a segment of our economy that had been struggling - while (albeit in a very very SMALL way) helped us become a little more fuel efficient.

I wish you would see that it hurts your anti-government crusade when you try to shoe-horn it into every current event.

And for those that are against healthcare reform..... you must be luckier than I. My spouse and I both have full time jobs (fortunately) but we have to live in constant fear of losing those jobs. A wood working accident just cost an unemployed (recently laid-off) friend over $5000 in medical bills! By closing your mind to change of any type, you're perpetuating a clearly broken system.
Michelle

Brooklyn, NY

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#13
Jul 31, 2009
 
my sister traded in her cluncker for a new car, she picked up her new car yesterday. she received a phone call from the dealer to indicating that now she owes $4500 as the dealer maynot be able to collect the check from the gov't. all paperwork were done earlier in the week, can the dealer do that?
just a joke

Rochester, NY

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#14
Jul 31, 2009
 
Like any program stats can be skewed to make things look good. There were many who would have purchased cars months ago(regardless) but waited for this program to take effect. Has some incremental sales come about? sure but not to proportion the media and the obam admin claims. So to call this program a success is premature.
Wondering

Honeoye, NY

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#15
Jul 31, 2009
 
"It's being suspended because it's so popular. The nearly one billion dollars set aside for rebates is quickly being used up.
The program offered owners of old cars and trucks up to a 45-hundred dollar government rebate toward a new, more fuel efficient vehicle.
Through Wednesday, nearly 23,000 vehicles had been purchased with nearly $100 million dollars spent."

It's early morning yet, but is something wrong with the math as presented? 100 mil is close to 1 Billion?
Not 4 Nothing

Rochester, NY

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#16
Jul 31, 2009
 
Does this makes sense:

"The nearly one billion dollars set aside for rebates is quickly being used up."

"Through Wednesday, nearly 23,000 vehicles had been purchased with nearly $100 million dollars spent."

So where's the other $900 million? How can the program be over with only 1/10 of the funds spent?
Fil

Rochester, NY

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#17
Jul 31, 2009
 
The program has not been suspended at all. It's the dealerships that are backing off on their part of the program because some jumped the gun (greed) by offering rebates prior to getting all the facts on how the program works. Some dealerships that made deals last month failed to forward the required paperwork within a seven day filing deadline (because they didn't know the filing criteria). Hyundai might be taking a big hit on this due to jumping the gun.
Seriously

Rochester, NY

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#18
Jul 31, 2009
 
Michelle wrote:
my sister traded in her cluncker for a new car, she picked up her new car yesterday. she received a phone call from the dealer to indicating that now she owes $4500 as the dealer maynot be able to collect the check from the gov't. all paperwork were done earlier in the week, can the dealer do that?
I also got a car through this program on Tuesday, 7/28. When did your sister sign the papers? Haven't gotten a call from the dealer yet and don't think we should. All the paperwork was done by 8pm on Tuesday.
Fil

Rochester, NY

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#20
Jul 31, 2009
 
If anyone gets a call like that from a dealership, start naming the dealership. There's additional funding being approved for this program to cover costs over the original one billion dollars. The original funding for the CARS program was proposed at four billion dollars and they only intially approved one billion to see how it took off, so sure more dollars will be approved.
Hockey Lover

Rochester, NY

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#21
Jul 31, 2009
 
I'm still in love with my clunker. My truck runs well too.

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