Cash For Clunkers Could Hurt Charities

[ReverendHellh0und]

Cash For Clunkers Could Hurt Charities


WASHINGON, DC (WUSA) -- The "Cash for Clunkers" program begins Friday, July 24. It's aimed at getting more buyers into dealer showrooms and gas-guzzlers off the road. But it could have one unintended consequence; hurting the charities that depend on vehicle donations such as Melwood based in Upper Marlboro.

The non-profit worries that the new program to get old cars off the road will swallow up the supply of used vehicles it depends on. "Cash for Clunkers targets the sort of vehicles that are usually donated to Melwood," according to Janice Frey-Angel, president and CEO of Melwood. The tend to be older, high-energy, gas-guzzlers, larger vehicles, sometime the third vehicle in the family.

I had thought this a while back, that this program would undercut many charities that were taking clunkers for a tax deduction. And it appears it is. What do you think of this?

As for me, I am also concerned that this program is going to crush many classics and potential classic cars and we may lose a piece of our history in the name of fake stimulous.

 

[disneydude]

I had thought this a while back, that this program would undercut many charities that were taking clunkers for a tax deduction. And it appears it is. What do you think of this?

As for me, I am also concerned that this program is going to crush many classics and potential classic cars and we may lose a piece of our history in the name of fake stimulous.

Of course you do :roll:

 

[TheNextEra]

As for me, I am also concerned that this program is going to crush many classics and potential classic cars and we may lose a piece of our history in the name of fake stimulous.

Yeah because we really need to save those 1974 Gremlins :roll:

 

[ReverendHellh0und]

Of course you do :roll:

Got Trolling?

 

[ReverendHellh0und]

Yeah because we really need to save those 1974 Gremlins :roll:

mustangs, Camaros, ford Falcons, chevelles, etc. But I am sure you knew that and instead wanted to troll a little. it's ok. It's expected. :2wave:

 

[Harry Guerrilla]

Yeah because we really need to save those 1974 Gremlins :roll:

There are many charities in my regional area that take good used cars and rehad them for poor people. Poor people shouldn't be buying new expensive cars.

 

[TheNextEra]

mustangs, Camaros, ford Falcons, chevelles, etc. But I am sure you knew that and instead wanted to troll a little. it's ok. It's expected. :2wave:

LOL given your over-melodramatic statement that we may lose a piece of history just because someone decides to scrap their vehicle, I felt it quite appropriate and to the mark.

 

[ReverendHellh0und]

LOL given your over-melodramatic statement that we may lose a piece of history just because someone decides to scrap their vehicle, I felt it quite appropriate and to the mark.

So in otherwords. nothing on how charities are being undercut, and instead loud mouth unintelligent bloviating will be your contribution....


Cool, well thanks for stopping by! :2wave:

 

[TheNextEra]

There are many charities in my regional area that take good used cars and rehad them for poor people. Poor people shouldn't be buying new expensive cars.

Yes because EVERY poor person is driving around in a brand new vehicle :roll:

Your statement is just as melodramatic.

 

[TheNextEra]

So in otherwords. nothing on how charities are being undercut, and instead loud mouth unintelligent bloviating will be your contribution....


Cool, well thanks for stopping by! :2wave:

They aren't, they are free to do as they wish, but I choose not to subscribe to your usual stimulus ranting over melodramatic paranoia about how history ius somehow going to lose classics lol.

Thanks for sharing your obvious rant over nothing :2wave:

 

[winston53660]

I had thought this a while back, that this program would undercut many charities that were taking clunkers for a tax deduction. And it appears it is. What do you think of this?

As for me, I am also concerned that this program is going to crush many classics and potential classic cars and we may lose a piece of our history in the name of fake stimulous.

I'm not a big fan of charities anymore when they hire lawyers that bill 660 $ per hour. Whatever happened to probono work?

 

[ReverendHellh0und]

I'm not a big fan of charities anymore when they hire lawyers that bill 660 $ per hour. Whatever happened to probono work?

1-888-kars-4-kids? 600hr lawyers?

 

[ReverendHellh0und]

They aren't, they are free to do as they wish, but I choose not to subscribe to your usual stimulus ranting over melodramatic paranoia about how history ius somehow going to lose classics lol.

Thanks for sharing your obvious rant over nothing :2wave:

As for losing classics. This has been contention of many car clubs LONG before Obama.....


That said. You still are not commenting on the topic and instead trolling and baiting. I suggest you start showing you have self control...

 

[winston53660]

1-888-kars-4-kids? 600hr lawyers?

The Salesmanship Club in Dallas who also put on the Byron Nelson. Left a bitter taste in my mouth recently. Also the Dallas Can Academy has as well and they do do the car thing.

 

[Kushinator]

Yes because EVERY poor person is driving around in a brand new vehicle :roll:

Your statement is just as melodramatic.

You have to admit that there is incentive being given to do so. Not that i think it matters much on the grand scheme of charity, but that is based solely on the fact that charities were going to be hurt regardless of this program, due to greater need, and shrinking contributions (due to unemployment and asset value drops).

Rev, that is an unintended consequence. I wonder if this new program automatically scraps them, or tries to sell them first, and then scrap them. It would make much more sense to attempt to up their marginal return.

 

[sam_w]

Caught this a bit ago and thought it might be worth mentioning.


USNews

7. The economic incentive of the bill is to jump-start drowsy auto sales. According to Bloomberg, similar programs worldwide have raised auto sales 25 percent to 40 percent in Germany, 15 percent in China and 8 percent in France.

 

[ReverendHellh0und]

The Salesmanship Club in Dallas who also put on the Byron Nelson. Left a bitter taste in my mouth recently. Also the Dallas Can Academy has as well and they do do the car thing.

Oh there were a bunch of **** charities when this scheme started, its cleaned up some latley....

 

[ReverendHellh0und]

You have to admit that there is incentive being given to do so. Not that i think it matters much on the grand scheme of charity, but that is based solely on the fact that charities were going to be hurt regardless of this program, due to greater need, and shrinking contributions (due to unemployment and asset value drops).

Rev, that is an unintended consequence. I wonder if this new program automatically scraps them, or tries to sell them first, and then scrap them. It would make much more sense to attempt to up their marginal return.

I am 100% sure, they are scrapping them in the name of the environment... It would be quite the scandal if they did not. :lol:

 

[winston53660]

Oh there were a bunch of **** charities when this scheme started, its cleaned up some latley....

Both that I mentioned have a stellar reputation...So much for reputations.

 

[Goobieman]

Yeah because we really need to save those 1974 Gremlins :roll:

Ignorant statement.
The car must be not more than 25 years old.

 

[apdst]

This is going to enable people to buy cars they can't afford, causing a mass repossession. Why does that sound so familiar?

 

[Kushinator]

This is going to enable people to buy cars they can't afford, causing a mass repossession. Why does that sound so familiar?

I do not think they will be offered the financing this time; not without providing income statements, collateral, second party, etc....

 

[apdst]

I do not think they will be offered the financing this time; not without providing income statements, collateral, second party, etc....

Most of the folks that have the clunkers, won't be able to get the financing, if that's the case. However, I'm gonna bet that you're wrong.

 

[Middleground]

Many have failed to mention--including the OP--that the droppage in donation has a lot to do with the economy. Also, with the price of gas going up once again, I wonder how many low income people can afford to drive anyway.

 

[apdst]

Many have failed to mention--including the OP--that the droppage in donation has a lot to do with the economy. Also, with the price of gas going up once again, I wonder how many low income people can afford to drive anyway.

If they can't afford to drive, they can't afford a car note.