Unless you’ve been in a monastery, you’ve got to have heard about the US Government’s C.A.R.S. or Cash for Clunkers program. It seems like every commercial break on TV has three commercials for car dealers desperate to make the most of it while it lasts. But, now that it’s almost over, we’re hearing about problems the dealers have getting their money and customers having to wait for their cars.
We all saw how they have to destroy the trade-in’s engine by running it with the oil drained and replaced by a mixture that quickly destroys the engine. We also know that the program is only for new cars that get at least a certain number of miles per gallon more than the trade-in.
So, I’m surprised at how little fuss this has received from Joe Public. Let’s look at who this multi-billion dollar program benefits… Continue Reading…