So my 06 G35 does not qualify for cash for clunkers
#16
07-07-2009 | 06:48 PM
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Joined: Jun 2009
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From: Phoenix, AZ
So I'm not suggesting that anyone do this, but from what I've understood from this tread, if you have a clunker worth less than $2500, the gov will take it, and give you a voucher for $4500?
Now if that is true, couldn't you go to an auto auction and buy a car for $100 bucks, then turn around, give it to the "cash for clunkers" program, and have $4400 extra towards a new car?
Again, if the gov is really doing this program, I'm not suggesting anyone try to cheat the system, nor do I think its a good idea, but would it be possible?
Now if that is true, couldn't you go to an auto auction and buy a car for $100 bucks, then turn around, give it to the "cash for clunkers" program, and have $4400 extra towards a new car?
Again, if the gov is really doing this program, I'm not suggesting anyone try to cheat the system, nor do I think its a good idea, but would it be possible?
** But Alas, one of the rules of this program to prevent this same thing from happeneing is that the car title must have been in your name and continuously insured for one whole year prior to trade in.**
so I guess if you plan on getting a car next year you could buy a $100 clunker, spend money to insure it, spend money on a bit of maintenance to keep it running (also a rule - it has to be in driving condition), spend money on who knows what else in the next year and then trade it in and hope you havent spent more than $4500 on it... lol
#17
07-08-2009 | 01:07 AM
Yeah I was thinking this too. I have a 05 G35 coupe right now, and I'm looking to get a new 09 G37 but also keep my old car. So I was thinking I could just go get a sh*t car and then trade it in for 4500 off my new G.
** But Alas, one of the rules of this program to prevent this same thing from happeneing is that the car title must have been in your name and continuously insured for one whole year prior to trade in.**
so I guess if you plan on getting a car next year you could buy a $100 clunker, spend money to insure it, spend money on a bit of maintenance to keep it running (also a rule - it has to be in driving condition), spend money on who knows what else in the next year and then trade it in and hope you havent spent more than $4500 on it... lol
** But Alas, one of the rules of this program to prevent this same thing from happeneing is that the car title must have been in your name and continuously insured for one whole year prior to trade in.**
so I guess if you plan on getting a car next year you could buy a $100 clunker, spend money to insure it, spend money on a bit of maintenance to keep it running (also a rule - it has to be in driving condition), spend money on who knows what else in the next year and then trade it in and hope you havent spent more than $4500 on it... lol
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