ST Alpha - "ML...ok, so explain to me how this works then. If we trade in a "clunker" for this voucher...who do we actually give the car to?" (Reading a Post)

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ML...ok, so explain to me how this works then. If we trade in a "clunker" for this voucher...who do we actually give the car to?

Posted by Jim (aka Jim) Jun 25 '09, 07:25

Just looked up Kelly Blue Book on the Envoy and it's trade-in value is between $4800-$5500 depending on how the condition would be classified.

So, based on that...I'm better off just trading it at it's KBB value...yes?

Responses:

also here is a mototrend mag article on this (note, they say its the combined fuel economy of the car) -- (link) - tRuMaN Jun 25, 07:33 3
- and here is the actual government site about the program -- (link) - tRuMaN Jun 25, 07:35 2
  - I know, I know, too many posts. but the gov site says this program is for new car purchases and leases. - tRuMaN Jun 25, 07:36 1
    - We also have a dealer in town offering up to $5000 over KBB in trade for our vehicle... - Jim Jun 25, 07:41
you have to take the car to a dealership, they provide you the voucher - tRuMaN Jun 25, 07:29 4
- So, let's say they would normally give me $5000 in trade for this car...the voucher program does nothing for me, yes? -- nm - Jim Jun 25, 07:32 3
  - no one really knows. I mean, the dealership gets $4500 in free money to give you, but - tRuMaN Jun 25, 07:34 2
    - Ok...I'm getting it now. So if the best they can do from a scrapyard for my car is say...$500. Then I can get the $4500 voucher, plus the $500 scrap - Jim Jun 25, 07:36 1
      - yeah, you will have to wait and see. -- nm - tRuMaN Jun 25, 07:38
[deleted] 2
- maybe, maybe no. there is not value in the clunker to the dealership - tRuMaN Jun 25, 07:29 1
  - -t -- nm - tRuMaN Jun 25, 07:31
I'd wager that value is lessened by the tranny blowing up. -- nm - Will Hunting Jun 25, 07:27 1
- Well...it's under warranty and is in the shop right now having the tranny looked at and hopefully fixed/replaced. - Jim Jun 25, 07:30
I believe it will all be done through the dealership -- nm - decline Jun 25, 07:26

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ML...ok, so explain to me how this works then. If we trade in a "clunker" for this voucher...who do we actually give the car to?

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