I am not into this cash for clunkers deal for 2 reasons
1) I have researched it and the gas and liability insurance money I pay now vs gas plus full coverage insurance plus a car note I would not be saving MY household any money,so I will keep my 95 ford E 350 I paid $1.00 for from my Church,getting 15-17 MPG.
2)I have seen SOME NOT ALL of the people buying into this program who couldnt afford to feed thier family(or the tax payers of this country supporting thier family) go get a car and more than likely in a year or wind up with a car they cant sell or will have it repoed....now my question is on this?
IF YOU CANT AFFOR TO FEED YOUR FAMILY HOW CAN YOU AFFORD A CAR?
and for the statement about supporting foreign companies
Thats part of the reason we are where we are now,buying what other countries are procucing rather than what is AMERICAN made
Sure some of the cars foriegn cars are produced in th US,howevre the pats and pieces are produced overseas
ETA
I remeber the Pinto well a cousin had one with a 351 in it MAN THATY THING WAS FAST
and the 64 valiant was a few years before me,however I almost bout one until the guy told me $6,000 in 91 and the car had been sitting in the field since his Dad died in 72