Surprise Cash For Clunker

One Colorado car dealership took in a "cash for clunker" vehicle they never expected.

Try a 1985 Maserati.

The owner has been trying to sell it for months. It has less than 20,000 miles on the odometer.

Part of the reason for that? The owner says it only goes about 10 miles before he has to call the mechanic.

He turned this luxury clunker in for cash and got $3,500 towards his new vehicle.

An estimated 800,000 vehicles will be turned in during the program.

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Comments are posted from viewers like you and do not always reflect the views of this station.
  • by susan on Aug 17, 2009 at 09:36 AM
    Rabbitt - I may be wrong but from the articles that I have read the "clunkers" engines have to be destroyed but the dealers can sell the remainder of the car for parts. The cars cannot be put back on the road but parts can be sold off of them. I may be wrong but that is my understanding. I also agree that they should do something for us that cannot afford a new car - even with the $4500.00 discount. Some of us buy those "clunkers" but we are forgotten when it comes to our government and the wealthier always come out on top. Obama for trash collector!!!
  • by Anonymous Location: greenville on Aug 17, 2009 at 08:30 AM
    Not all vehicles are taken straight to the crusher, at least one salvage yard in town says they get about 6-7 a day, and they're having a hard time making room for them to sit and sell parts off of them
  • by Rabbitt Location: East NC on Aug 16, 2009 at 08:01 AM
    The cars that are traded in as Clunkers cannot be stripped or parts taken off. The way they receive it is the way they have to junk it for. There is a big fine for the dealer if they do otherwise. They pour something in the motor if it runs and lets it lock/seize up. It is ashame that they are crushing suck good vehicles instead of letting the lower class trying to get the clunker and have a nicer vehicle than what they may be driving. I myself cannot afford a new vehicle with payment, but would love to trade my truck in an get 3500-4500 for it when its only worth maybe 500-800 dollars. This is the world we live in. Its getting worse
  • by Mike Location: Edenton on Aug 16, 2009 at 03:18 AM
    What a knucklehead this guy must be. He could have done much better selling on Ebay even if the car would not start.
  • by Anonymous on Aug 15, 2009 at 07:08 PM
    I agree with Jeff....I would love to have a new car but i can't because i have house payments ,and reg.montly bills my hours at wal-mart got cut from 40 to 32 and my paid when down 1.10 ....i need a tax break or a nice refund check....
  • by richard Location: orlando FL on Aug 15, 2009 at 03:52 PM
    There is an amendment that allows certain people to buy vehicles such as Hummers with the clunker deal.
  • by J on Aug 15, 2009 at 03:35 PM
    The way the actual CARS program works can benefit the dealership and the previous car owner. The car owner can accept a trade in value for his car (which the dealership can then resell) or if the car is acceptable for the program can accept the $3,500 or $4,500 voucher (the car is stripped of some parts, and the engine and car is scrapped and CANNOT be resold) I'm assuming the dealership probably gave this man a better trade-in value than $4,500 so that they could resell it. If not their stupid.
  • by Jeff Location: Winterville on Aug 15, 2009 at 03:25 PM
    This is what is so wrong with the program. Someone would have easily given $3500 for the vehicle. The dealer can't resell it. It seems like a complete waste. It's doing nothing but giving people a car payment they can't afford, destroying perfectly good vehicles, and the automakers make out like bandits. Alright Obama. Enough of the handouts. Give the poor a tax break if you want, subsidize their health insurance if you want. But you give the dirt poor no incentive to make their lives better and you pour money into the manufacturers who are laying people off . The best way to stimulate the economy is to preserve the jobs. If you want to give the big auto makers and banks money, do it in the form of an incentive to preserve jobs, and refinancing loans with fair interest rates. People can't spend money if they don't have a job and got slapped with a car payment because you waived the carrot in their face to entice them to put themselves even more in debt.
  • by Ted Location: Greenville on Aug 15, 2009 at 01:39 PM
    Under the rules, as I understand them, the engine will have to be disabled.
  • by Larry Location: Jacksonville on Aug 15, 2009 at 08:35 AM
    So will this car destroyed or will some lucky dealer get to keep it?

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