Ok, we now have an idea about our Unifier in Chief's new ,,,,,carmulus,,,, plan.
It's reported that his bureaucrats over at the NTSA(???wtf?) have pulled these requirements out of their collective butts.
* Your vehicle must be less than 25 years old on the trade-in date
* Only purchase or lease of new vehicles qualify
* Generally, trade-in vehicles must get 18 or less MPG (some very large pick-up trucks and cargo vans have different requirements)
* Trade-in vehicles must be registered and insured continuously for the full year preceding the trade-in
* You don't need a voucher, dealers will apply a credit at purchase
* Program runs through Nov 1, 2009 or when the funds are exhausted, whichever comes first.
* The program requires the scrapping of your eligible trade-in vehicle, and that the dealer disclose to you an estimate of the scrap value of your trade-in. The scrap value, however minimal, will be in addition to the rebate, and not in place of the rebate.
I also read somewhere that there will be a $15000 fine for not scrapping clunkers. I don't know if this is per each cherry 64 Mustang that didn't get destroyed or just a blanket fine that lets the '74 goat sell for free.- Oh wait, were talking about the '80's none were worth saving- never mind.
OK, I have my 1967 C-10 I'm tired of getting 10 MPG and want to get rid of the thing because it'll cost too much to restore, but it's too old and I can't afford a newer car.
So I just keep driving the gas guzzler because those DeeCee lifers have never seen a vehicle older than 25 years on the road where they live. Right?
I guess this plan WILL apply to Ford, too- even though they're in competition with the two Peoples Auto Manufacturing Collectives.
AND, lastly- as I was wondering this morning while idling 5MPH below the speed limit...will Ford be doing away with those black and white Crown Vics that was causing the slowdown?
Because Obama Motors will make all .gov enforcement agencies buy from them for their cruiser needs.
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