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MOSLER'S LAW: There is no financial crisis so deep that a sufficiently large tax cut or spending increase cannot deal with it.

Clunker Man

Posted by WARREN MOSLER on August 6th, 2009


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Right, perfect example of how the program’s helping the higher income Americans a lot more than the lower income americans!

>   
>   (email exchange)
>   
>   On Thu, Aug 6, 2009 at 12:22 PM, wrote:
>   
>   Turned my 2001 Durango in for 2009 Toyota Highlander and got the full $4500.00.
>   CLUNKER MAN.
>   


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4 Responses to “Clunker Man”

  1. The Center of the Universe » Blog Archive » Clunker Man- new wage caps Says:

    [...] Clunker Man [...]

  2. The Center of the Universe » Blog Archive » Social Security commentary published Says:

    [...] Clunker Man [...]

  3. John Donato Says:

    Clunkerman,

    I admit I am making a few assumptions here, but Kelly Blue Book lists the private party sale value of the 2001 Durango with 100K miles as 5,700 in “good” shape. Trade in value in “good” shape is about $4100. Why was 4,500 such a great deal for you?

    Reply

  4. Warren Mosler Says:

    from Larry:

    I saw that also, however, one would probably have to go to a Dodge dealer. Toyota said Chrysler is in bankruptcy and they did not want the cars and would only give scrap value.

    At first I wanted a 4Runner but did not qualify as a clunker exchange, missed by 1 mpg. The Highlander put me at the top amount. Does that help?

    Reply

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