The feds are still determined to get my car
Huw Powell
audi at humanspeakers.com
Wed Aug 12 12:16:22 PDT 2009
Ben Swann wrote:
> Put things in to perspective and itemize costs and more imprtantly TCO - Total Cost of
> Ownership (over time), you may find it is worth keeping.
>
> I find it interesting that folks think $4500 trade in to buy a new car they can't really
> afford is a great investment. If you need a new car then this may be reasonable since
> the car as is has little resale value.
This program is perfect for people with an older SUV in their fleet who
having been postponing buying something new and smaller.
It works best for multi-car families where the clunkiest car gets
replaced with a new one, and each vehicle moves down the food chain to
the next driver. IE, mom gets new car, dad gets mom's now 4-5 year old
car, kid with greatest need gets dad's old car, high school kid gets the
oldest one that is being kept and the POS they were driving gets traded in.
Or, I suppose, someone who bought a used SUV or something 8 years ago
and now is much better off and can make the transition to new car
ownership. The fuel cost savings can potentially be quite good, perhaps
even offset the increased insurance/reg. if moving from 15 mpg to 35-40
mpg and driving a lot of miles.
--
Huw Powell
http://www.humanspeakers.com/audi
http://www.humanthoughts.org/
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