re: #570 kansas

Well, I’m thinking if you are driving a clunker there is probably a reason, the reason being you can’t afford a new car. I’ll bet there are many who are going over their ability to repay with this 4500 rebate, and in about 12 months we’ll see some repos.

And destroying these cars is stupid. One of my cars is on the clunker list, a 2000 Isuzu Rodeo. Looks new, is paid for, and I could trade it because it gets lousy mileage, but I can buy a lot of gas, even at 4 bucks as opposed to borrowing 15 grand or more and paying interest on it since I don’t have 15 G’s laying around to pay for one cash.

My point being, you are not going to get a loan if you can’t afford a new car. And according to the reports I am hearing from dealers and car sales people, the folks coming in are people who can certainly afford the loan, not poor people.