Re: [AMC-list] AMC-list Digest, VRe: Cars, Clunkers and Greenup

[Bill Serckie <realtorbill@xxxxxxxxxxxxx>]

Aaah !  wise deduction, but what a lot of people don't realizeis that this attempt to stimulate the economy will also put them in debt for another 36,48,or 60 months and with the job market being what it is, they would probably be better off with a lower gas mileage vehicle rather than a car payment that they  ultimately can't afford.
 
I, being self employed have realized that if my current vehicle dies I'll drag my 1978 Cutlass w/36,000 miles out of mothballs, plate it and drive it.  I'd hate to use it or the 1965 American as a daily driver but if I can sleep at night and not sweat a new car payment, I'll bite the bullet.
 
Bill Serckie
Coldwell Banker Real Estate & Mortgage Services
2 River Place Suite "K"
Lansing, IL 60438
 
Office # (708) 889-2739
Fax #    (708) 360-5787
Cell #    (773) 251-5234

--- On Sat, 8/1/09, Bruce Griffis <bruce.griffis@xxxxxxxxx> wrote:


From: Bruce Griffis <bruce.griffis@xxxxxxxxx>
Subject: Re: [AMC-list] AMC-list Digest, VRe: Cars, Clunkers and Greenup
To: "AMC, Rambler, Nash, Jeep and family" <amc-list@xxxxxxxxxxxx>
Date: Saturday, August 1, 2009, 9:08 AM


Moving back to cars, clunkers and greening - I was driving my Rambler
around yesterday and it slowly dawned on me that my sedan will NEVER
be worth what it would fetch in a cash for clunkers trade-in.

At first I thought the program would never hurt collector cars (well,
mine isn't a collector car - it's a hobby car) - but I could see the
program causing some attrition among low-value stalled projects that
are otherwise running and driving.

Let's see:
500 bucks for the car
100 bucks for towing
some 1,500 bucks in parts and fixing stuff
some more for garage labor where I decided not to finish up fiddly bits

Still needs window gaskets front and rear
Still needs the rubber around the doors and the windlace
Still needs the window fuzzies
Still needs a clutch
Got a few small rust spots

After all that's done, it could use a spray

Once done, it will STILL not be worth as much as a cash for clunkers trade-in.

I don't know if the program accepts cars that old, and I wouldn't get
rid of the car - but I can see where somebody could be seriously
tempted to just say the heck with it, crush it and pick up a new
subcompact.

Wonder how we could track collector or project cars traded in.
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