It seems that the rush to avail the Cash for Clunkers program is slowing down despite the additional funding provided by the U.S. government. Compared to the consumer response during its inauguration last July 27, it seems that the sense of urgency by the people to avail of the program has sorely diminished.

Apparently this is because of the additional funding. With the new influx of funds for the program, there is no rush needed to avail of the said deal. People are taking their sweet time or may have decided to forego the said car rebate program due to financial weights. So does this mean that the motorists have set aside the Cash for Clunkers program opportunity?

For now, it seems that people feel no rush to avail of the program. The scenario is the same for a new gadget released in the market. Rushing to get one is the only thing in any consumer’s mind. Now however, with an abundance of resources in the form of funding, people don’t have to worry about running out of funding. There is plenty to spare so why bother to be affected by it?

(Source) Press

Tags: abundance, car rebate, consumers, gadget, Inauguration, influx, motorists, program opportunity, rebate program, rush, sense of urgency, sweet time, weights

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Here is something that consumers will find handy. With the “Cash for Clunker” program taking center stage, one thing in people’s minds is on whether to avail of it or not. Edmunds.com announces its own version of calculating the feasibility of the said program, something that can ultimately aid them in deciding on availing or passing based on their budget and evaluation.

We have seen a lot of these calculators and tutorials to get to know the Cash for Clunkers program better. However, it seems that Edmunds.com’s version offers something broader as you can actually see potential vehicles before limiting yourself to one car make. Their version returns a comprehensive list of eligible trade-in vehicles, suggested replacement vehicles and answers to frequently asked questions which should make decision-making quite easier.

To date, a lot of people are still groping for form on whether to avail of this program or not. With this new calculator, you can pretty much sum up and compare if it is indeed worth availing or not. But one thing that is for sure, you have to decide fast since you car options may start to dwindle should other motorists decide to avail of the car rebate program.

(Source) Press

Tags: calculator, calculators, car options, car rebate, motorists, program source, rebate program, replacement vehicles, salvage, salvage value

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Hyundai was the first one to honor the cash for clunkers program and it looks like the gamble is paying off. Out of all the cars that were preferred by car buyers after the trade-in, Hyundai Elantra stood tall. The Elantra topped the likes of other cars such as Ford and Dodge. Hyundai accounted for 41% while Ford 32%.

Apparently the price disparity had a bearing here. After the trade-in, they Hyundai Elantra ran a total cost of $8,620. Remember, though many people are hesitant on what car to get after the car rebate program, they will always consider the cost of the new vehicle. Though there will be exceptions such as brand preference, hard times means wiser buying.

Ford ran second but it still had quite a number of buyers. So if other car manufacturers should follow, who knows which other car would make the grade? Again, it depends on the price after discount, something which for now, points motorists to the Hyundai Elantra.

(Source) Press

Tags: brand preference, car buyers, car manufacturers, car purchases, car rebate, Cars, disparity, Dodge, exceptions, Hyundai, hyundai elantra, motorists, new car, rebate program

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