Clunker math
Thread Starter
Joined: Feb 2007
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From: Fort Hood TX. 76522
Clunker math Think of it this way,
A clunker that travels 12,000 miles a year at 15 mpg uses 800 gallons of gas a year.
A vehicle that travels 12,000 miles a year at 25 mpg uses 480 gallons a year.
So, the average Cash for Clunkers transaction will reduce US gasoline consumption by 320 gallons per year.
They claim 700,000 vehicles were traded in so that's 224 million gallons saved per year.
That equates to a bit over 5 million barrels of oil.
5 million barrels is about 5 hours worth of US consumption.
More importantly, 5 million barrels of oil at $70 per barrel costs about $350 million dollars
So, the government paid $3 billion of our tax dollars to save $350 million.
We spent $8.57 for every dollar saved.
How good a deal was that ???
They'll probably do a great job with health care though!!
A clunker that travels 12,000 miles a year at 15 mpg uses 800 gallons of gas a year.
A vehicle that travels 12,000 miles a year at 25 mpg uses 480 gallons a year.
So, the average Cash for Clunkers transaction will reduce US gasoline consumption by 320 gallons per year.
They claim 700,000 vehicles were traded in so that's 224 million gallons saved per year.
That equates to a bit over 5 million barrels of oil.
5 million barrels is about 5 hours worth of US consumption.
More importantly, 5 million barrels of oil at $70 per barrel costs about $350 million dollars
So, the government paid $3 billion of our tax dollars to save $350 million.
We spent $8.57 for every dollar saved.
How good a deal was that ???
They'll probably do a great job with health care though!!
They did it to help the car companies (even though it helped the foriegn companies as much or more), and also in the name of the environment. I disagree on both counts, and I wish everyone was as upset about them wasting our money as I am.
Also, has anyone figured out how much energy is required to produce a new vehicle? Or how about how much oil is used to produce the plastics that are used extensively in new cars?
Also, has anyone figured out how much energy is required to produce a new vehicle? Or how about how much oil is used to produce the plastics that are used extensively in new cars?
Thread Starter
Joined: Feb 2007
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From: Fort Hood TX. 76522
I'm sure crushing a perfectly good vehicle doesn't help emissions alot. Where does all the used fluids and oil go from the vehicles that were crushed.
I am very upset about them wasting our money on a program that didnt really help anyone at all (most don't). I myself would rather not have a car payment and go to the gas station more often.
I would really love to hear some opinions on this, even though its old news now. I checked the C.A.R.S site while it was going on and of the 3 vehicles I have only one was eligible for a rebate, The Tahoe, and its worth more than the $4,500 for the rebate. Not to mention to replace it with the same thing would have cost almost $50k, even after all the rebates and discounts to save 5MPG at the most.
I am very upset about them wasting our money on a program that didnt really help anyone at all (most don't). I myself would rather not have a car payment and go to the gas station more often.
I would really love to hear some opinions on this, even though its old news now. I checked the C.A.R.S site while it was going on and of the 3 vehicles I have only one was eligible for a rebate, The Tahoe, and its worth more than the $4,500 for the rebate. Not to mention to replace it with the same thing would have cost almost $50k, even after all the rebates and discounts to save 5MPG at the most.
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At 5 mpg you couldn't get the $4,500. It had to get 10mpg or better.
Not to say I like the progrm tho.
I thought it was stupid. I think all around it hurt the economy and environment more than help.
Only good part I see from it is the economic boost for tow companies. Give it 6 months and a bunch those cars bought off impulse will get repo'd lol.
I also heard somewhere else, that it cost the gov't $40k for each car that was turned in. How many Kia's could the gov't buy with $40k for people who can't afford a car payment, but would stimulate the economy through gas, snacks, car maintainance, etc.
Not to say I like the progrm tho.
I thought it was stupid. I think all around it hurt the economy and environment more than help.
Only good part I see from it is the economic boost for tow companies. Give it 6 months and a bunch those cars bought off impulse will get repo'd lol.
I also heard somewhere else, that it cost the gov't $40k for each car that was turned in. How many Kia's could the gov't buy with $40k for people who can't afford a car payment, but would stimulate the economy through gas, snacks, car maintainance, etc.
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you misunderstand the whole purpose of cash for clunkers. It was for the purpose of the "green" movement that the obama administration is jumping on.
It was never intended to be a stimulus or save cash. If it was for the money or economic stimulous they would not have crushed perfectly good cars or gave money to financially irresponsible people.
Believe it or not the program was totally successful. Wich is why the originall 1 billion dollr budget was tripled. The only flaw with the program is that some dealerships abused the program to lie cheat and steal federall money, and the dealers that were doing their job the right way are still waiting on millions of dollars that the government has been very delinquent.
It was never intended to be a stimulus or save cash. If it was for the money or economic stimulous they would not have crushed perfectly good cars or gave money to financially irresponsible people.
Believe it or not the program was totally successful. Wich is why the originall 1 billion dollr budget was tripled. The only flaw with the program is that some dealerships abused the program to lie cheat and steal federall money, and the dealers that were doing their job the right way are still waiting on millions of dollars that the government has been very delinquent.
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From: KATY 28!/ UTSA
a clunker that travels 12,000 miles a year at 15 mpg produces about 15,700 lbs of co2 a year
a vehicle that travels 12,000 miles a year at 25 mpg produces about 9,420 lbs of co2 a year
per year that saves about 6,280 lbs of co2 a year from our atmosphere and going on what you say about 700,000 of these trade ins where made so 6,280 x 700,000= aproximatly 4.3 billion poundsof co2 that was prevented from entering the atmosphere
also an average tree absorbs between 13-17 lbs of co2 a year
so from an eviromental stand point id say the cash for clunkers was a good idea but from an economic stand point not so much
a vehicle that travels 12,000 miles a year at 25 mpg produces about 9,420 lbs of co2 a year
per year that saves about 6,280 lbs of co2 a year from our atmosphere and going on what you say about 700,000 of these trade ins where made so 6,280 x 700,000= aproximatly 4.3 billion poundsof co2 that was prevented from entering the atmosphere
also an average tree absorbs between 13-17 lbs of co2 a year
so from an eviromental stand point id say the cash for clunkers was a good idea but from an economic stand point not so much
Thread Starter
Joined: Feb 2007
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From: Fort Hood TX. 76522
Not really to good for the enviroment if they are crushing a bunch of cars they still have to dispose of the oil and fluids from the old car and how much CO2 does the demolishing equipment make? Why not plant more trees? I bet with $3billion you could plant ALOT of trees. How many of the new vehicles will end up getting repoed hows that for the economy? Not good I bet. Look for health care reform to really help the economy though...yeah O.K
John, you are also missing the economic theory that says every dollar you spend is spent 7 more times.
I give you a dollar, that dollar is going to be spent a total of 7 times until it's depleated into savings and taxes. So the government wasted a lot of money, but, unlike the Bush era stimulus, it forced people to spend to be stimulated.
I give you a dollar, that dollar is going to be spent a total of 7 times until it's depleated into savings and taxes. So the government wasted a lot of money, but, unlike the Bush era stimulus, it forced people to spend to be stimulated.
you still dont quite understand. a few crushing machenes (half of wich are electric) will not pollute 10% what those clunkers did.
going green is very expensive. planting trees will not help anything. the green movement is only going to get bigger and is costing companies, citys, states, and countries hundreds of billions of dollars in the next couple years. no one said it was good for the economy.
going green is very expensive. planting trees will not help anything. the green movement is only going to get bigger and is costing companies, citys, states, and countries hundreds of billions of dollars in the next couple years. no one said it was good for the economy.
See what most people don't hear, is there are more trees in North America today than there were when the Pilgrims landed on plymoth rock. In the early 90s I had to do an earthday project for cub scouts. We went in search of facts of why we needed to plant trees. One fact I can still remember is that in 1990 there were enough trees in Alabama to provide oxygen of the entire United States.
Staging Lane
Joined: Sep 2006
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See what most people don't hear, is there are more trees in North America today than there were when the Pilgrims landed on plymoth rock. In the early 90s I had to do an earthday project for cub scouts. We went in search of facts of why we needed to plant trees. One fact I can still remember is that in 1990 there were enough trees in Alabama to provide oxygen of the entire United States.
how the **** would anyone know that?
See what most people don't hear, is there are more trees in North America today than there were when the Pilgrims landed on plymoth rock. In the early 90s I had to do an earthday project for cub scouts. We went in search of facts of why we needed to plant trees. One fact I can still remember is that in 1990 there were enough trees in Alabama to provide oxygen of the entire United States.
a clunker that travels 12,000 miles a year at 15 mpg produces about 15,700 lbs of co2 a year
a vehicle that travels 12,000 miles a year at 25 mpg produces about 9,420 lbs of co2 a year
per year that saves about 6,280 lbs of co2 a year from our atmosphere and going on what you say about 700,000 of these trade ins where made so 6,280 x 700,000= aproximatly 4.3 billion poundsof co2 that was prevented from entering the atmosphere
also an average tree absorbs between 13-17 lbs of co2 a year
so from an eviromental stand point id say the cash for clunkers was a good idea but from an economic stand point not so much
a vehicle that travels 12,000 miles a year at 25 mpg produces about 9,420 lbs of co2 a year
per year that saves about 6,280 lbs of co2 a year from our atmosphere and going on what you say about 700,000 of these trade ins where made so 6,280 x 700,000= aproximatly 4.3 billion poundsof co2 that was prevented from entering the atmosphere
also an average tree absorbs between 13-17 lbs of co2 a year
so from an eviromental stand point id say the cash for clunkers was a good idea but from an economic stand point not so much
O the debate. You realize we need co2? Without co2 we have nothing. no plants not a living person would be here without it why? because the air we breath has co2 in it. lol You people on the left wing need to get your facts correct. There is no ill effect from the damn co2. Did the co2 cause the earth quake that killed 500+ people? If you ask algore I am sure he will say ya...
If they want clean build more nuke plants.