Sbane
sbane
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Posts: 15,316
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« on: September 09, 2009, 12:04:46 PM » |
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The cash for clunkers program didn't help everybody but only people with a specific situation. If people didn't have a really old car or if that old car already gave good mileage, this program didn't really help them. Plus the people who were thinking about buying midsize and bigger cars weren't helped by this program. The auto dealers will keep on giving discounts, and after cash for clunkers, will be able to give even more discounts and this will keep demand from crashing to new lows. The economy is the key though. If it looks like the economy is going down again, demand may crash. But if the economy looks to be picking up, a lot of people who weren't benefited by CARS will try to cash in on car company and dealer discounts.
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