[V8] Cash for Clunkers

Fri Jul 24 12:59:04 PDT 2009

I've been pndering this all day trading in one of my Shop V8 quattros that fulfill the title/insurance requirements and have come to the conclusion that it would be at rather imprudent move...

The only car I would even consider would be a VW at minimum a Jetta Sportwagen Diesel or a maximum of a Passat CC. However the Passat's combined mileage only warrants a 3500 dollar rebate. I have test driven both in in the past few months and although German they are not near the build qualtity of the V8.

I then looked at the other cars in the same price range and all came up lacking, including the toyota Camry, Nissan Altima, and a Honda who's make I forgot . No Gas non hybrid SUV would qualify and even some of the hybrid's wouldn't qualify either. All of these cars essentially felt like tin cans with wheels.

Then I considered that once I drove off the lot that car would instantly been devalued by at least the amount of the Cash for clunkers program would offer meaning the trade in was essentially useless.

Then I researched the amount of pollution, resources, and energy it would take to manufacture a new car versus keep the V8's on the road and the V8 came ahead on this as well. 

Add in the whole car payment and full coverage insurance costs and it's pretty much moot at that point.

Unless your a college kid with a V8 that runs better when turned off and you want to jump into some $12,000 - $15,000 lunch box with wheels I wouldn't give this idea another though.

---- 32VQUATTRO <ALLANVEGA at COMCAST.NET> wrote: 
> Funny, it shows my 92 as having an avg of 15mpg
> 
> http://www.fueleconomy.gov/feg/findacar.htm
> 
> And I don't care if Chrysler tripled the rebate, it would still be a 
> Chrysler. For me, I enjoy the exclusivity of the v8 Quattro. It's not about 
> gas mileage, or cost of ownership for me. In my opinion, if you can't turn a 
> wrench, you shouldn't own one anyway, as the cost to put it in the shop and 
> pay some one to learn to work on it would be ridiculous.
> 
> FYI, just paid the dealer $116us for a pair of headlight/ fender gaskets, 
> and couldn't have been happier  :)
> 
> 
> ----- Original Message ----- 
> From: <J123fs at aol.com>
> To: <Scottp at ippe.com>; <v8 at audifans.com>
> Sent: Friday, July 24, 2009 2:23 PM
> Subject: Re: [V8] Cash for Clunkers
> 
> 
> > All true - But, in fact the V8 is on the list of approved cars it's
> > official EPA ratings is 17 combined (18 is the cutoff) - and the tipping 
> > point
> > for me is that Chrysler will double the credit- ergo- 7000- 9000 dollars 
> > off
> > sticker.
> > Running an old car like the V8 to me is not about the milage issue to
> > rationalize replacement, but because I like it.
> > That said, the car is not getting any younger and the litany of things 
> > that
> > likely will need fixing in the future always grows (like the electrics)
> > unlike a  new car that likely won't need too much for the first 100K. 
> > Lately I
> > really need  the time for my kids and the race cars, not fixing my daily
> > transport.
> > Pondering hard in rainy Ma.
> > Jack
> >
> > You know there are "rules" for getting the $4500 credit right?
> >
> > Namely this biggest one is that the car you have now has to get  LESS
> > than 18MPG d to even qualify, then presuming it does, the car  you
> > replace it with has to get a min of 5 MPG more. That said I'm  fairly
> > sure your 91 gets better than the combined 18 to qualify.
> >
> > And  even then, you're talking about spending lets say 20K, just to get a
> > 4500  credit? That's 16,5 financed over 5yrs or about $250.00/mth; not to
> > mention  that you have to have full coverage insurance on your pretty new
> > penny.. all  to save 5MPG - This is a stimulus to get people back into
> > buying BIG things.  And as a afterthought to help lessen our dependency
> > on oil.
> >
> > But I  gotta tell you, you're NOT going to get anything near the quality
> > of your 91  for 20K. Remember these cars were 50K+, 20years ago. Even
> > then - if you can  dedicate a monthly $350 payment into maintaining the
> > 91 - not only would it  be pristine; but you'd almost never think of
> > selling it.
> >
> > Of course I  might be delusional, but I don't think so and many here I
> > bet would  agree.  I drive my V8's by choice, not because it was a least
> > cost  solution or it was going to be cool to have one.
> >
> > Just my $0.02.
> >
> > -Scott P
> > **************A bad credit score is 600 & below. Checking won't affect 
> > your
> > score. See now!
> > (http://pr.atwola.com/promoclk/100126575x1222377105x1201454426/aol?redir=http://www.freecreditreport.com/pm/default.aspx?sc=668072&hmpgI
> > D=62&bcd=JulyBadfooterNO62)
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