Cash For Klunkers

[WestEndAngler]

A LOT OF THOUGHT WAS GIVEN TO THIS PROGRAM BEFORE IMPLEMENTATION
The person who calculated this bit of information is now and has been a
professor at The University of West Virginia in Morgantown, West Virginia
for the last forty some years.

A clunker that travels 12,000 miles a year at 15 mpg uses 800
gallons of gas a year.

A vehicle that travels 12,000 miles a year at 25 mpg uses 480
gallons of gas a year.

So, the average Cash for Clunkers transaction will reduce gasoline
consumption by 320 gallons per year.

The government claims 700,000 clunkers have been replaced so
that's 224 million gallons saved per year.

That equates to a bit over 5 million barrels of oil. 5 million
barrels is about 5 hours worth of US consumption.

More importantly, 5 million barrels of oil at $70 per barrel
costs about $350 million dollars.

So, the government paid $3 billion of our tax dollars to save
$350 million.

We spent $8.57 for every $1.00 we saved.

I'm pretty sure they will do a better job with our health care,
though.

[FP10]

That is also per year. You are also forgetting how much pollution it is saving. Plus all of the taxes it generated from the sale of the new cars. Also the dealerships sold a bunch of cars. I only had one clunker deal here, but toyota and honda did well.

[boom]

That is also per year. You are also forgetting how much pollution it is saving. Plus all of the taxes it generated from the sale of the new cars. Also the dealerships sold a bunch of cars. I only had one clunker deal here, but toyota and honda did well.

It generated taxes with my taxes? The dealership would have sold those cars anyway, the cfc program just moved the sales up a month or so. As far as polution goes, do you know how much polution goes into creating a car?

[JT]

It generated taxes with my taxes? The dealership would have sold those cars anyway, the cfc program just moved the sales up a month or so. As far as polution goes, do you know how much polution goes into creating a car?

This

[PasadenaMan]

If a volcanoe erupts it creates more polloution that cars have made since they hit the road.

[reeltime]

I heard on Beck or rush this moning that Washington state is gonna Tax E-car's 100dollars a year because of the lost rev. in gas taxes what a crock of sheet.I can't reelly say how i feel about foodstamps for Klunker's on this site.

[WestEndAngler]

BP's disaster caused more harm to environment than the whole Klunker program, only person that saw any money from the deal was the darn used car salesman (sorry Jeremy)

[3rd Coast Aggie]

It's not so much saving money as it is diverting it. The money it saved the individual was probably used to purchase goods from local businesses thus putting the savings into circulation within the local economy rather than sitting in some oil company execs offshore bank account.

[FP10]

Go car salesman!!

[JT]

It's not so much saving money as it is diverting it. The money it saved the individual was probably used to purchase goods from local businesses thus putting the savings into circulation within the local economy rather than sitting in some oil company execs offshore bank account.

That makes no f*****ng sense.

[WestEndAngler]

It's not so much saving money as it is diverting it. The money it saved the individual was probably used to purchase goods from local businesses thus putting the savings into circulation within the local economy rather than sitting in some oil company execs offshore bank account.

Careful a few execs frequent here lol, how come FWE didn't see anything we are a small business

[JT]

This guy was able to spend more money at Walmart from his savings:

[coachlaw]

Is that FlatoutFishin' in the pic?????????????

[Gilbert]

how many of those that did that cfc program are still driving their new cars? how many are back driving clunkers with repo's on their records now? It was a stupid program. Screw car salesmen.

[FP10]

lol love you too gibby...lets go fishing