Friday, September 25, 2009

Cash for Clunkers still sucks


Jalopnik had a great article the other day detailing the Ten Most Exotic Cars Destroyed By Cash For Clunkers. On it's surface the article highlights just how stupid some auto buyers can be. Who in their right mind would "junk" an '87 Buick GNX? And that's when it hit me. No one junked a Buick GNX. There were only 500 of these beauties ever made and in mint condition they can go for $50,000 plus. Even if the car is barely running you could part it out for $10,000 easy. There isn't a dealership alive that would kill one of these things, much less a Bentley Continental R or a Rouch Stage 3 F-150 or a BMW 850i. However, I'm sure there are plenty of shady auto dealers out there that would gladly fill out a few forms and cash a 4500 dollar check from the government.

This whole program has really shaken my faith in the current administration. It's such a bad idea compounded by terrible execution how come no there realizes it? Why do they all chalk it up as a big win? Whatever man.. I voted for Kodos.

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