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Cash for Clunkers...
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<blockquote data-quote="The Other Side" data-source="post: 588200" data-attributes="member: 17969"><p>Now, before you right wing followers of FAUX news get your panties in a bunch because the Goverment hasnt issed the checks fast enough to the dealers.</p><p> </p><p>Remember this, the dealers are in a <strong><span style="font-size: 12px">"win win"</span></strong> situation. They take in cars that are considered "clunkers", most werent and are re-sellable. (profit) because NO actual cash value was paid by the dealer.</p><p> </p><p>Next, for those that cant be wholesaled or re-sold, they are sold to the scrap yards, again, profit because NO actual cash value was paid by the dealer.</p><p> </p><p>So, lets make it clear. The dealer gives the consumer up to 4500 dollars of "their" own money back as a cash incentive for a trade in, then, it gets that money back from the goverment at some point and breaks even, then it either re-sells the trade for profit or sells the trade to a wholesaler for a reduced profit or it sells the trade to the scrap man for a bigger reduced profit over and above the money it recieved from the US Treasury.</p><p> </p><p>How are they losing money again??</p><p> </p><p>DUH</p><p> </p><p><img src="/community/styles/default/xenforo/smilies/FeltTip/peaceful.png" class="smilie" loading="lazy" alt=":peaceful:" title="Peaceful :peaceful:" data-shortname=":peaceful:" /></p></blockquote><p></p>
[QUOTE="The Other Side, post: 588200, member: 17969"] Now, before you right wing followers of FAUX news get your panties in a bunch because the Goverment hasnt issed the checks fast enough to the dealers. Remember this, the dealers are in a [B][SIZE=3]"win win"[/SIZE][/B] situation. They take in cars that are considered "clunkers", most werent and are re-sellable. (profit) because NO actual cash value was paid by the dealer. Next, for those that cant be wholesaled or re-sold, they are sold to the scrap yards, again, profit because NO actual cash value was paid by the dealer. So, lets make it clear. The dealer gives the consumer up to 4500 dollars of "their" own money back as a cash incentive for a trade in, then, it gets that money back from the goverment at some point and breaks even, then it either re-sells the trade for profit or sells the trade to a wholesaler for a reduced profit or it sells the trade to the scrap man for a bigger reduced profit over and above the money it recieved from the US Treasury. How are they losing money again?? DUH :peaceful: [/QUOTE]
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