The Federal
“Cash for Clunkers” program officially kicks off today. It allows Americans to trade in cars with bad gas mileage and receive up to $4,500 towards fuel efficient vehicles. Some dealerships already began offering it and The Takeaway talks to Mary Dubois from Oklahoma City who traded in her clunker for a new, more fuel efficient vehicle. And we talk with Dan Neil, auto critic for the Los Angeles Times about the clunkers program and why Hyundai is doing so well right now. Also joining the show is Rick Halstead, a Hyundai factory worker. He's going to be talking to us from the factory in Alabama before starting his shift working on 4-cylinder engines.
"One of the problems of making cars that last 20 years, is that cars last 20 years. The rollover rate is so slow."
—Dan Neil of the Los Angeles Times on the Cash for Clunkers program
Comments [1]
We live on Long Island, NY and are trading in our beloved Mazda MPV and also privately selling a Mitsubichi Galant in order to purchase a 2010 Ford Fusion HYBRID!
We loved the Mazda and purchased it when we were expecting our daughter 10 years ago. It will not be able to pass it's next inspection as it is burning gas and needs a new catalytic converter. So while we love it, it is worth nothing in blue book value and it is polluting heavily.
In looking for a hybrid we went to several Toyota and Ford dealerships that were disinterested and actually derisive about the program.
We then found a Ford dealership in Bay Shore, L.I. that was glad to work with us. We are SO thrilled to be able to purchase an American car. Ford has sufficiently improved it's quality and reliability so for the first time in many decades, we feel comfortable not buying a Japanese car. YIPEE!
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