Auto Finance Blog

I was out sorting thought various news items when I came across this bit of info.  It did not give any credit to the author but I thought I’d share the math on the clunkers program with our readers.
I’m really not trying to be judgmental but as they say, you do the math.  Let me [...]

In an article distributed by Auto Remarketing, written by Group Editor J. Reed, it recapped Edmunds.com’s analysis of the just concluded “Cash for Clunkers” program statistics provided by the DOT. Why is this important?  As hard as we try to trust our leaders and rely somewhat upon what they say to be true, huge discrepancies [...]

With the passing of the ‘Clunkers’ program, there is plenty of speculation remaining as to whether or not the program was successful.  That sort of depends upon where you are viewing it I suppose, but no doubt, some good things did happen.  Putting cash in the hands of consumers via the rebate clearly sparked some [...]

Regardless of how you feel personally about the “cash for clunkers” program, there is little doubt that some positive things came out of it.That doesn’t over-ride any gasps that have been heard about the unintended consequences of such a program, but you still have to acknowledge it got a lot of buyers excited about buying [...]

There is no doubt that if you have been watching TV or even reviewing RSS articles on Clunkers you have found out that the media is overwhelmingly of the opinion that “cash for clunkers” has worked well and will benefit the economy.   I’ve never really expected an objective observation or evaluation from the Whitehouse, but [...]

Holy Smokes! If you have not been listening to the news lately, it’s being reported that the Government’s ‘Cash for Clunkers’ program has basically run out of money in 4 days?  Well, forgive the observation but isn’t this the same group of representatives that plan on giving you and me a Healthcare Overhaul for $1 [...]

Cash for Clunkers Financing
The government of the United States is offering $3,500 and $4,500 vouchers for vehicles traded in toward the purchase of a new car.
Here is a quick overview of the Cash for Clunkers program.
1) Visit the www.CARS.gov for current information about the program.
2) Determine if you qualify for the program and locate a dealer.
3) When you [...]