Design & Analysis Software Blog

Design & Analysis Software

The Design & Analysis Software Blog is the place for conversation and discussion about Computer Aided Design (CAD); Computer Aided Manufacturing (CAM) & prototyping; Computer Aided Engineering (CAE); PLM/PDM/project management. Here, you'll find everything from application ideas, to news and industry trends, to hot topics and cutting edge innovations.

Previous in Blog: Clamp Down on Giant Banks?   Next in Blog: No Behind-the-Wheel Texting?
Close
Close
Close
2 comments
Rate Comments: Nested

Cash for Your Clunker?

Posted August 25, 2009 7:28 AM

With Americans racing to auto dealerships to collect vouchers of up to $4,500 for trading older cars for high-mileage new ones, Washington has approved an additional $2 billion for the Car Allowance Rebate program. The Administration claims that the initial $1 billion allocated for this "cash-for-clunkers" campaign triggered sales of nearly 250,000 new vehicles and that the new money will lead to 500,000 more purchases. Is this program a cost-effective tool for boosting the economy? And will it encourage long-term interest in fuel economy?

The preceding article is a "sneak peek" from Design & Analysis Software, a newsletter from GlobalSpec. To stay up-to-date and informed on industry trends, products, and technologies, subscribe to Design & Analysis Software today.

Reply

Interested in this topic? By joining CR4 you can "subscribe" to
this discussion and receive notification when new comments are added.
Anonymous Poster
#1

Re: Cash for Your Clunker?

09/14/2009 8:01 AM

One of the hidden expenses to a large part of the population is the used parts industry. Many people, and repair shops, will be forced to purchase new OEM parts rather than used. While employing people to make new parts is good, the repair industry will have no choice but to increase prices to reflect the added costs. This will, no doubt, result in increased out-of-pocket expense to consumers. Insurance companies, who encouraged used parts, will gain due to higher premiums. In the end, the small guy, like me, reaches deeper into his wallet.

Reply
Anonymous Poster
#2

Re: Cash for Your Clunker?

09/18/2009 5:02 PM

I'm not happy with the communistic mindset of most Americans, that it's O.K. to steal money from your neighbors as long as you have government do it. I'm horrified by the waste. I've seen news stories showing a compact Mercedes Benz and a Chevy S-10 pickup being crushed. Somewhere out there are people who can't afford to buy a new car, that could be driving one of those vehicles instead of their 20 year old V8 clunker, but those crushed vehicles were wasted. That's not an environmentally sound policy. Not even a little bit. It sickens me. It is not a cost-effective way to spend even stolen money. Everyone is interested in good fuel economy, nobody wants to waste money on gasoline, except maybe the politicians who didn't offer those vehicles for free to anyone who could exchange an older, poorer mileage vehicle for them.

Reply
Reply to Blog Entry 2 comments

Previous in Blog: Clamp Down on Giant Banks?   Next in Blog: No Behind-the-Wheel Texting?

Advertisement