I'm serious. The Cash 4 Clunkers or, Car Allowance Rebate System, that he passed as law in 2009. Took millions of driveable, older vehicles off the road giving people a few thousand dollars to spend on a new vehicle. So people gave up cars without payments for newer vehicles that did have payments, had to be serviced more frequently because of more crap added that old cars didnt have and would have parts regularly stop being produced.
All those cars left the second hand market and created a vacuum where those would have been starter cars for teens or Point A to B cars for early twenties workers now they didnt have that option so a dealership became the only choice for many people.
Instead of giving your neigh a grand or two for the car, now they got a downpayment and a loan.
Why dont people have 'beaters'
Blame Obama.
I'm serious. The Cash 4 Clunkers or, Car Allowance Rebate System, that he passed as law in 2009. Took millions of driveable, older vehicles off the road giving people a few thousand dollars to spend on a new vehicle. So people gave up cars without payments for newer vehicles that did have payments, had to be serviced more frequently because of more crap added that old cars didnt have and would have parts regularly stop being produced.
All those cars left the second hand market and created a vacuum where those would have been starter cars for teens or Point A to B cars for early twenties workers now they didnt have that option so a dealership became the only choice for many people.
Instead of giving your neigh a grand or two for the car, now they got a downpayment and a loan.