Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 08-19-2009, 09:22 AM   #21
Thinks s/he gets paid by the post
Spanky's Avatar
Join Date: Dec 2004
Location: Minneapolis
Posts: 4,125
Originally Posted by Meadbh View Post
1. Toyota Corolla
2. Honda Civic
3. Ford Focus
4. Toyota Camry
5. Toyota Prius
6. Hyundai Elantra
7. Ford Escape (front-wheel-drive)
8. Honda Fit
9. Nissan Versa
10. Honda CR-V (four-wheel-drive)

Top 10 vehicles bought by people trading clunkers - The Globe and Mail
In other words, other than Ford, the program really benefits the Japanese and Korean car manufacturers.

May we live in peace and harmony and be free from all human sufferings.
Spanky is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 08-20-2009, 10:02 PM   #22
Recycles dryer sheets
Join Date: Jan 2007
Posts: 105
Quick follow-up....thanks to everyone's thoughts and feedback.

Despite the fact that we could have probably pulled another 1-3 years out of the existing clunker we decided to go ahead with option (c) and make the purchase. In the long term it's not that big of a difference compared to all the other savings we do and it seems like the right balance. The remaining 10 year old car will now have to last to at least another 4 years so we can keep our payments to one vehicle.

On a related note, I did find it harder to negotiate with various dealers than I thought it would be...inventories here are much drier than they were and several dealers were just starting to pull out of CFC. We still got the average of what other are paying according to Edmunds ($1700 under MSRP), though, and the gas savings each year should be great.

Now time to shop for an auto loan. Will see if we can beat PenFed's 3.99%. Fun fun....

Thx again!

jblack is offline   Reply With Quote
Old 08-20-2009, 10:35 PM   #23
Thinks s/he gets paid by the post
BunsGettingFirm's Avatar
Join Date: Jan 2004
Posts: 1,502
CFC is ending next Monday, and the dealer from which I got the best quote just pulled out, so I guess I will have to wait a couple of months for the inventory to fill up again and the dealers to get ready to deal.
BunsGettingFirm is offline   Reply With Quote
Old 08-21-2009, 12:14 PM   #24
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
kcowan's Avatar
Join Date: Jul 2006
Location: Pacific latitude 20/49
Posts: 6,132
Send a message via Skype™ to kcowan
i would trade the car that has significantly less value than $4500. Otherwise it is only a breakeven at best. No compelling reason to act now. Dealer incentives will probably grow after the C4C program expires.

Get a second opinion on the $2k repairs from an independent.

For the fun of it...Keith
kcowan is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
My car after its annual car wash.... thefed Other topics 11 05-21-2008 10:50 PM
full-time vs. part-time tradeoff WM Young Dreamers 14 01-18-2007 05:39 PM
long time lurker, first time poster grateful Hi, I am... 1 09-19-2006 06:28 PM
Financing a car/car buying advice usc_et Young Dreamers 14 11-01-2005 10:59 AM
Car Insurance Time TromboneAl FIRE and Money 33 08-09-2005 11:58 AM


All times are GMT -6. The time now is 07:36 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.