Hey, "Cash For Clunkers" is a wonderful program, one that reduces the supply of cheap, working-but-crappy cars (just like the ones I drove when I was poor and still drive today, since I can buy them for cash) while increasing indebtedness, as people use their klunkersgeld* as part of the down payment on heavily-financed Brand! New! Cars!
Yeah, it sucks. Also, there's this book Tam and I keep in the loo for emergency reading, The World's Worst Cars [Amber Books, 2005], and in it we find the following description of one of the worstmobiles, "...[C]heaper and more ordinary-looking than previous offerings. ...[I]t looked stupid.... The only saving grace was the beautifully ornate interior. ...[S]uffered from horrendous turbo lag. It was slow off the mark, then the V6 engine's twin turbos could kick in with dramatic effect. Coupled to the rather crude chassis, this made it prone to terrifying oversteer, especially if the turbos came on in mid-bend." Still, the book reports 25 mpg and you wouldn't think a Maserati Biturbo would end up on the C4C scrap-heap no matter how bad it was.
You would, of course, be wrong.
(Bonus! Link is to a CNN video that opened with an ad for Bank of America that talks about their tremendous tools. The term is dead accurate, based on the telephone conversations I had with them after they jacked my house payments way up: I met up with tremendous tools all 'round. Refreshing to encounter that kind of honesty in this day and age, really).
* A word in no language ever used on this planet, at least as far as I know. Kinda catchy, innit?
4 weeks ago