CARS Incentive Ending on August 24th

CARS Incentive Ending on August 24th

If you haven't bought the car yet, now is the time.

You can buy Nissan Altima Hybrid effectively for $6000 if all incentives and fuel savings are included as described in the post below.
http://cash4myclunker.blogspot.com/2009/07/cars-scenario-1.html

Avail of all 5 Discounts: Here's how

1. Get $4500 by buying a Car that gets more than 28 MPG
My research says best cars in that space are: Please read all posts to get the finer points:

(a) Nissan Altima Hybrid
(b) Honda Civic Hybrid
(c) Toyota Prius

2. Get Tax Credit for Buying a Hybrid:
http://www.fueleconomy.gov/feg/tax_hybrid.shtml

Nissan Altima has $2350 tax credit
Toyota Prius does not have this, it seems as it has already sold 60K plus vehicles

3. Get Sales Tax Credit for Buying a Car this year:
http://www.irs.gov/newsroom/article/0,,id%3D205863,00.html

4. Get the Discounts offered by Car Manufacturer i.e. Nissan (upto $3250 off)
http://local.nissanusa.com/west/altima.html

5. Salvage Value of your Car
The minimum/maximum dealer would give for your old car would be $150 which is value for cars steel, aluminum etc. which is the raw metal cost.

However, suppose you have brand new tires. You can sell the new tires on Craigslist and put on old tires when you give the car to the dealer.
Similarly for Infiniti, there is Bose sound system with expensive speakers. Those can be sold before giving the car to the dealer.
Alloy wheels, security system, carpets, etc. are some other things that can be sold before car is scrapped.
Total Salvage value of Car Parts $500-$1000.

Commonsense dictates: UNPIMP YOUR CAR BEFORE YOU SALVAGE IT!!

The Pundits are Wrong Again: Edmunds is the new Bear Stearns

Revenge of the Millionaires Next Door

http://news.yahoo.com/s/ap/20090731/ap_on_go_ot/us_cash_for_clunkers

http://news.yahoo.com/s/ap/20090731/ap_on_go_co/us_cash_for_clunkers

Remember the times when all so called Finance/Auto/Politics Pundits were sceptical of the cash for clunkers program. Most said this program would not succeed as there will be too few people eligible.

Also they predicted that anyone eligible and who can afford to buy new car will already be driving one.

http://www.edmunds.com/help/about/press/151267/article.html

"Edmunds.com suggests that the program will struggle to produce the estimated 250,000 vehicle sales. Results will be limited because:"

Now within a week almost 250K cars have been sold and the program has been wildly successful as this blog mentioned that this program is best deal ever for an average Joe/Jill.

MORAL: DON'T TRUST EDMUNDS or KBB or other PUNDITS. Kindly USE COMMON SENSE and Please Donate to this Blog!!

Please Donate using Paypal to help in further Research on this topic

Thanks to all your requests for a donation box
which has now been implemented.
Any donation is welcome.




Please use Paypal secure button at top for donations. Donations will be used to buy Google Adwords to popularize the blog further and also to get latest information from dealers regarding the program FAQs.

Best Deals : Sorted by Mileage together with MSRP

Remember:

• Only cars giving more than 28 MPG are included as chances are greatest to get full $4500 refund.
• The real prices at this time are lot less than MSRP.
• Nissan Altima Hybrid with 5 discounts as in posts below is perhaps the best deal.
• Please comment if you feel any other car is better deal.
  

Be American, Buy American: Jeep Compass for less than 10K

Here is the fact:

Jeep Compass for new 2008 Model is available with $6000 discount.
This is on the website of jeep.

Together with say $3500 CARS discount, Jeep may be available for close to $9500.

This big discount is not available for Jeep Compass 2009.

So an enterprising person can find out where 2008 model is and drive there even if inter-state to get this deal.

JEEP COMPASS 2008 50% OFF for 3 more days!

Top 3 Cars: Best Deals for Cash for Clunkers

As per my research the best deals for the cars for Cash for Clunkers are:

1. Nissan Altima Hybrid:
Reason: All discounts apply. Purchasers can use up to 5 discounts.
Price is less than 20K which is excellent for it's size.
600 miles on a tankful of gas so you will save money and time filling up gas tanks.

2. Toyota Prius:
Reason: Gas Mileage. You may save as much on Gas payments at the pump as your monthly loan payment particularly if you commute a lot for your work.

3. Honda Civic Hybrid:
Same reasons as above for Toyota Prius. Only reason it's no. 3 on list is it's smaller than other cars.