Tuesday, June 10, 2014

Review of 500 dollar cars::Used Cars under 700 Dollars?







Review of 500 dollar cars::Used Cars under 700 Dollars?








I               don't               think               anyone               could               have               anticipated               the               wild               success               of               the               U.S.

government               Cash               for               Clunkers               program.

Aside               from               hearing               constantly               of               the               collapsed               credit               markets               and               the               urgency               of               a               787               billion               dollar               stimulus               program               to               prevent               an               even               greater               depression,               you'd               think               two               things:               that               people               didn't               have               any               cash               or               credit               left               to               apply               to               new               cars               and,               two,               that               there               weren't               that               many               "clunkers"               out               there.

Wrong               on               both               counts!

Auto               dealers               are               reporting               a               run               on               cars,               taking               in               so               many               "clunkers"               that               some               dealers               are               worried               that               the               program               would               run               out               of               money               before               they               get               the               rebates               for               clunkers               already               taken               in.

There               is               a               reported               $1               billion               dollars               invested               in               the               Car               Allowance               Rebate               System               and               each               qualifying               person               or               vehicle               could               get               up               to               $4500               dollars               depending               on               the               mpg               improvement               on               the               vehicle               purchased.
               There               are               some               rules               required               for               qualified               participants               in               the               program.

The               "clunker"               must               not               be               more               than               25               years               old               and               must               get               less               than               18               miles               per               gallon.

You               have               to               have               had               the               vehicle               insured               for               all               of               the               last               twelve               months,               and               this               is               verified               through               contact               with               your               insurance               company.

You'll               need               a               clear               title               to               the               vehicle               you're               giving               up.

Because               of               the               paperwork               mountains,               the               additional               workload               has               stressed               both               dealers               and               customers.
               I               needed               a               new               truck               and,               while               my               present               truck               is               qualified               for               the               program,               I               couldn't               afford               the               truck               I               needed,               even               with               the               discount.

In               order               to               buy               the               truck,               I               would               have               had               to               take               on               too               much               debt,               not               a               wise               option               in               this               economy.

New               vehicles               lose               thousands               in               value               during               the               first               year               of               ownership.

Cash               for               Clunkers               doesn't               make               sense               for               those               who               might               take               on               too               much               debt               outside               of               the               $4500               you               might               get               from               the               program.
               So               I               then               responded               to               a               mailer               from               the               Ray               Price               Ford               in               Stroudsburg,               Pa.

and               decided               on               a               small,               high-mileage               compact               car.

The               ad               brochure               was               targeted               for               the               low               end               trim               Ford               Focus               S-model.

Applied               discounts               included               a               $254               dealer               discount,               a               $1500               Ford               cash               rebate               to               customer,               an               additional               $500               dollar               Ford               Motor               Credit               discount               for               those               who               took               the               Ford               financing.

I               didn't               need               the               financing               but               took               it               anyway               in               order               to               get               the               maximum               discount               off               the               base               price               attached               to               that               model               Ford               Focus-a               base               price               of               $16,200.
               There               were               a               few               conditions               put               upon               my               freedom               of               purchase               by               my               wife.
               "Don't               come               home               with               a               red               one               and               be               sure               that               whatever               you               get               has               an               automatic               transmission.

And               no               black               interior!"
               The               automatic               transmission               option               would               cost               about               a               $1000               bucks               more.

Red               cars               are               the               ones               most               often               ticketed.

Black               interiors               showed               dirt.
               The               ad               brochure               had               displayed               in               bold               italics               the               phrase               "No               Gimmicks"               so               I               pointed               that               out               to               my               salesman,               Larry               Gordon.

The               dealership               had               only               one               Ford               Focus               S               in               stock               and               that               one               had               a               manual               transmission               Gordon               went               to               the               company               computer               and               located               the               nearest               Focus               with               the               S               trim               at               a               dealership               in               Phillipsburg,               N.J.

We               did               the               arithmetic               and               decided               to               write               up               the               deal.
               "Wait               a               minute...I'll               call               the               dealership."
               He               came               back               a               few               minutes               later,               disappointed.
               "Sold,"               he               said.
               Under               normal               conditions,               that               would               be               an               opening               for               the               famous               auto               sales               bait               and               switch,               but               not               in               these               tough               times.

I               took               a               look               around               the               relatively               small               dealer               outlet               and               noticed               that               the               chairs               and               desks               were               filling               up.

A               few               weeks               earlier               I'd               stopped               at               a               large               dealership               in               another               town               and               you               could               hear               the               wind               whistling               through               the               gravestones-cars               in               this               case.

Nary               a               soul               to               be               found;               it               was               sad.
               There               was               a               middle-aged               couple               in               the               process               of               buying               a               Ford               Escape               at               the               table               next               to               us.

I               had               a               chance               to               talk               with               that               couple               and               look               over               their               car               while               Gordon               perused               the               internal               Ford               listings               of               nearby               dealerships.

The               middle               aged               couple               had               traded               in               a               van,               they               told               me.
               Across               the               room,               there               was               a               young               African-American               couple               working               with               a               salesman               to               get               their               monthly               payment               down.

All               I               got               from               eavesdropping               was               that               the               guy               was               operating               some               sort               of               business               and               their               trade               car               didn't               qualify               for               the               $4500               Cash               for               Clunkers               Plan.

He               was               trying               to               get               a               leased               vehicle.
               At               another               station,               there               was               an               old               couple               patiently               waiting               for               their               salesperson               to               return.

They               appeared               to               be               in               their               80s,               well               groomed               and               dressed,               and               appeared               well-to-do.

While               Gordon               searched               the               internal               computer               listings               for               another               vehicle               that               the               dealership               refused               to               give               up,               I               sleazed               over               to               talk               to               the               senior-senior               citizens.
               They               were               disappointed               because               their               car               didn't               qualify               for               the               "Clunkers"               program.
               "What               kind               of               car               are               you               trading               in?"               I               asked.
               "A               2000               Ford               Escort,"               they               said               in               unison.
               For               the               year,               their               trade-in               had               low               mileage-73,000.

They'd               had               a               transmission               problem,               though,               which               they               said               was               fixed               twice               by               the               dealer               under               warranty[V1]               .
               Along               about               that               time,               Gordon               called               me               over               to               look               at               another               vehicle               resembling               the               one               I'd               first               picked               out.

We               called               that               dealer               and               were               similarly               disappointed.

They               had               a               buyer               for               that               one               and               didn't               want               to               give               it               up.

I               was               a               little               irritated               and               said               so.
               "You               mean               those               dealers               won't               relinquish               those               cars               to               other               dealerships               even               when               they               have               a               sure               thing               sale?"
               Gordon               explained               it               to               me               and,               after               I               thought               about               it               for               a               minute,               it               made               sense.

I               could               see               that               the               Cash               for               Clunkers               was               beginning               to               look               like               a               bank               run               as               more               and               more               people               came               into               the               dealerships,               and               the               sales               staff               ran               around,               sweated,               dodged               out               to               smoke               cigarettes               at               the               side               and               rear               entrances.

Just               about               everyone               with               a               clunker,               a               bank               account,               and               a               decent               FICO               score               needed               a               new               car-as               I               did.

The               writing               on               the               wall               of               the               Ray               Price               Stroud               Ford               dealership               said               "Let               Ford               Recycle               Your               Ride"               but,               if               you               looked               hard               enough,               you               could               also               see               that               it               said               the               dealerships               would               soon               run               out               of               cars               and               the               government               could               likely               run               out               of               money               for               the               program.

So               I               pushed               for               a               deal               on               the               available               Ford               Focus               cars               on               the               lot-higher               trim               models               as               it               turned               out.

I               selected               the               middle               trim               level               Ford               Focus,               the               SE,               which               had               added               options               of               alloy               wheels,               Sirius               radio               complete               with               subscription,               MP3               hookups,               and               power               door               and               window               and               mirror               controls,               and               a               few               other               things               I               didn't               need               but               liked.

I               told               Mr.

Gordon               of               my               unwillingness               to               pay               more               than               $200               dollars               extra               for               those               options               and               that               I               wanted               to               buy               a               Focus               close               to               the               original               price               we               bargained               for.

To               my               surprise,               the               dealership               agreed               and               we               started               writing               up               the               contract.
               While               Gordon               called               my               insurance               company               to               prove               that               I'd               been               driving               my               own               clunker               and               kept               it               insured               for               the               past               year               or               more,               my               elderly               neighbors               came               over               to               ask               me               what               car               I               was               buying.

I               pointed               it               out               through               the               showroom               window.
               "That               one?

That's               the               one               we               wanted               to               buy,"               said               Mrs.

Elderly               Woman.
               She               explained               they'd               looked               at               the               car               before               I               got               there,               drove               home,               had               a               change               of               mind               and               come               back               to               buy               the               car.

Too               late,               I               thought,               irreverently.

The               car               was               mine.
               So               the               sticker               price               had               been               $17,000               and               some               change               for               the               2009               Focus               SE               as               opposed               to               16,100               for               the               Ford               S               model               Focus.

I               got               a               total               of               $7,000               off               the               17K,               including               $4500               for               my               clunker.

I               got               some               options               I               hadn't               counted               for.

I               got               a               car               with               an               automatic               transmission,               one               that               wasn't               read,               and               had               a               "charcoal"               as               opposed               to               a               black               interior.

I               put               $1500               down               to               shrink               the               amount               owed               and               I               financed               $9,276.39               for               3               years               though               I               will               no               doubt               pay               the               loan               off               in               three               months,               the               earliest               I               can               do               that               without               penalty.
               That               was               two               days               ago.

There               is               new               news               on               the               auto               front.

The               Obama               administration               warned               Congress               yesterday               that               it               may               have               to               cease               the               Clunker               program               because               they're               running               out               of               money.

Obama               assured               members               that               existing               contracts               would               be               honored,               an               assurance               that               did               not               calm               all               dealerships.

Many               dealerships               have               already               stopped               taking               orders               within               the               program.

Others               were               forced               to               do               so               because               they               have               run               out               of               cars.

Just               a               moment               ago,               I               queried               the               Ford               system               for               new               Ford               Focus               cars               by               inputting               my               zip               code.

The               search               turned               up               seven               nearby               Ford               dealers               but               no               Ford               Focus               cars.

All               of               these               dealerships               have               posted               a               standard               apology.

A               Wall               Street               Journal               today               included               an               article               titled               "Government's               'Cash               for               Clunkers'               Program               Runs               Out               of               Gas               Early."               The               same               article               tells               of               a               single               dealership,               the               Lee               Auto               Group               of               Southern               Main,               where               Adam               Lee,               proprietor,               has               stopped               taking               in               "clunkers"               now               that               he               already               owns               100               of               them               and               is               waiting               to               be               reimbursed               $450,000               by               the               Cash               for               Clunkers               Program.
               Finally,               a               government               program               that               works!

Well,               almost....






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    College               students               need               transportation.

    Usually               this               means               wearing               out               the               bottom               of               shoes;               however               this               does               not               mean               the               average               scholar               does               not               rely               on               his               legs               alone.

    Bicycles               and               mopeds               are               always               welcome,               but               to               a               car               can               be               more               essential               then               one               would               think.

    And               a               used               car               is               a               much               better               idea               then               a               new               car               for               someone               who               is               going               to               college               and               is               probably               going               to               stain               the               seat               with               s0me               type               of               food               or               beverage               at               least               once.

    The               first               used               vehicle               on               the               list               is               the               GMC               Sonoma.

    This               is               one               f               the               best               automobiles               a               college               student               could               have.

    They               are               extremely               gas               efficient               which               for               a               college               student               in               these               economic               times               when               gas               prices               are               so               high               is               a               must.

    The               second               thing               about               these               is               they               are               a               truck               which               will               come               in               handy               when               moving               in               and               out               and               of               the               dorm,               and               also               for               any               there               unexpected               need.

    They               bad               parts               about               this               car               is               that               it               does               not               have               a               lot               of               room               for               people,               which               can               be               really               frustrating               at               times.
                   The               second               used               car               that               is               a               good               choice               is               that               of               the               Volkswagen               New               Beetle.

    This               car               is               gas               efficient               and               has               an               excellent               resale               value.

    If               you               are               able               to               get               one               of               these               for               a               good               price               they               are               a               great               car.

    With               good               power               and               great               looks.

    There               are               two               problems               with               this               car               however.

    The               oil               filter               is               very               hard               to               change               yourself,               which               will               not               be               a               problem               for               people               who               take               it               to               a               service               station.

    The               second               problem               is               the               first               couple               of               years               had               problems               with               the               sensors,               so               if               you               do               not               mind               your               check               engine               light               on               and               your               ABS               light               on               it               is               a               very               good               choice.
                   The               third               car               is               the               Dodge               Caravan.

    This               is               not               the               best               car               to               attract               a               mate,               but               it               is               one               of               the               best               ones               practically.

    With               the               Stow               and               Go               seating               these               cars               are               great               for               hauling               both               passengers               and               gear.

    Also               they               are               really               cheap               because               vans               have               horrible               resale               value.
                   The               fourth               car               you               should               consider               a               Nissan               Cube.

    This               is               a               pretty               new               car               who's               owners               usually               like               to               hang               onto,               but               they               are               stylish,               reliable,               and               have               great               room               for               storage.

    They               truly               are               the               best               "toaster               shaped"               car               on               the               market.
                   The               final               car               is               a               Dodge               Intrepid.

    These               cars               have               space               for               people,               but               also               can               slip               in               and               out               of               parking               spaces.

    These               cars               are               pretty               generic               but               get               the               job               done.






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