In the process another issue dawned on me that I have not heard anyone
talking about... If I spent the $20K or so I would have to pay $1600
in sales tax. So depending on whether I got the $3500 or the $4500
rebate that lowers the actual value of the rebate to $1900 to $2900.
Still some nice coin but I wanted to dump the S-10 and that was only
good for the $3500 and to get a similar truck I'd have to spend nearly
the $20K so it's only a $2000 freebie.
Plus I'd have to buy a 4 cylinder. I drove some,... eh, they're OK I
suppose but nothing to get excited about.
While trying to find the absolute cheapest way to make something work
for the least money I eventually settled on the Jeep Patriot as the
only option that meet all criteria of lowest final cost as an S-10
replacement, even though it's not a pickup. Just try to find one
you'd want to own though. I also drove one and the road noise is just
horrendous once you get over about 45 or 50 mph. I decided I could
not live with that racket.
The final issue was the thought that instead of getting stuck with a
vehicle I don't really want (4 cylinder, bottom of the line) I could
do better by just keeping what I've got and if and when they need a
repair that's too expensive for what they are worth just go out and
buy a one or two year old NICE vehicle and probably get it for $5000
to $10000 less then what I would be paying now for the lesser vehicle.
I'm sure there are people where all the things line up right for them
and this cash for clunkers is a decent deal but I can't make it work
for me.
From what I have seen, the only people who gain with the program are
those who had planned to buy a new car anyway. Trading up just for a
gain of some MPG does not make economic sense. The Gubmint, of
course, will hammer on the "good for the ecological system" aspect.
Harry K