Reply to "Cash For Clunkers Program is a Clunker!"

quote:
each of which will cost taxpayers a whopping $20,000, according to Edmunds.com's research.

Funny they never justified how they came about this figure. So to me it is just some reporter trying to get his copy published. From the figures they have published the $96,000,000 that was spent on the 22,000 "clunkers" that have been traded in equates to $4363.63 average per trade in. So how do you think it cost the government $20,000.00 per vehicle??? You can only recieve $3500 or $4500 for your trade in. With one billion dollars set up to fund this program at $20,000 they would have already spent $440,000,000
The numbers in these articles just dont add up.
Jeff

7/31/093:18 PM

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