Remember that cash for clunkers shit back in the late 2000's? The government literally paid above market value for perfectly good used cars, in order to crush them. Used car prices went way up, and buying new made financial sense.
Remember that cash for clunkers shit back in the late 2000's? The government literally paid above market value for perfectly good used cars, in order to crush them. Used car prices went way up, and buying new made financial sense.
That was so they could get the GPS tracked vehicles on the road and begin their mass data collection on the miles people travel. I know car insurance companies are already testing out billing you for miles traveled, and the federal or state governments want to do the same.
That was so they could get the GPS tracked vehicles on the road and begin their mass data collection on the miles people travel. I know car insurance companies are already testing out billing you for miles traveled, and the federal or state governments want to do the same.
It was all to get people driving cars with computers in them. And get them in debt. Over half the cars bought through that program got repossessed.
It was all to get people driving cars with computers in them. And get them in debt. Over half the cars bought through that program got repossessed.
The used car market is pretty crazy right now too.
The used car market is pretty crazy right now too.
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