Comments on: UK adopts vehicle scrappage incentive, U.S. still debating http://www.egmcartech.com/2009/04/22/uk-adopts-vehicle-scrappage-incentive-us-still-debating/?utm_source=rss&utm_medium=rss&utm_campaign=uk-adopts-vehicle-scrappage-incentive-us-still-debating Auto News, Car Reviews, Live Auto Show Coverage Mon, 13 Feb 2012 15:40:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: neil http://www.egmcartech.com/2009/04/22/uk-adopts-vehicle-scrappage-incentive-us-still-debating/comment-page-1/#comment-623357 neil Thu, 23 Apr 2009 18:25:40 +0000 http://www.egmcartech.com/?p=33379#comment-623357 I agree with you that the euro market is very different to the US. <br><br>but in essence this plan puts the decision of who to "bail-out" in the hands of the consumer. And we all know that the current Pelosi/Reid government is against giving the consumer the choice - the want control or should I say "nationalize" companies. <br>It is like the bank bailout, the 700Bil should have been given to mortgage holder (approx. 95 mil in the US). so each mortgage holder would have got about 7000 each anf there would have been 4 basic outcomes<br>1. your already in foreclosure so blow the money on products - stimulating the economy<br>2. You owe the bank money - give it to them and stop foreclosure - money goes to th ebank but saves a family in the process<br>3. Yuor up to date with your mortgage so pay off your credit cards with the money - money goes to the banks <br>4. your up to date with everything so go spend th emoney on a new car - stimulating the economy <br>Any way you look at it, giving "our" money back to us so we the consumers can decide which companies succed or fail is much better than the bailout policies currently being used I agree with you that the euro market is very different to the US.

but in essence this plan puts the decision of who to “bail-out” in the hands of the consumer. And we all know that the current Pelosi/Reid government is against giving the consumer the choice – the want control or should I say “nationalize” companies.
It is like the bank bailout, the 700Bil should have been given to mortgage holder (approx. 95 mil in the US). so each mortgage holder would have got about 7000 each anf there would have been 4 basic outcomes
1. your already in foreclosure so blow the money on products – stimulating the economy
2. You owe the bank money – give it to them and stop foreclosure – money goes to th ebank but saves a family in the process
3. Yuor up to date with your mortgage so pay off your credit cards with the money – money goes to the banks
4. your up to date with everything so go spend th emoney on a new car – stimulating the economy
Any way you look at it, giving “our” money back to us so we the consumers can decide which companies succed or fail is much better than the bailout policies currently being used

]]> By: neil http://www.egmcartech.com/2009/04/22/uk-adopts-vehicle-scrappage-incentive-us-still-debating/comment-page-1/#comment-614473 neil Thu, 23 Apr 2009 11:25:40 +0000 http://www.egmcartech.com/?p=33379#comment-614473 I agree with you that the euro market is very different to the US. <br><br>but in essence this plan puts the decision of who to "bail-out" in the hands of the consumer. And we all know that the current Pelosi/Reid government is against giving the consumer the choice - the want control or should I say "nationalize" companies. <br>It is like the bank bailout, the 700Bil should have been given to mortgage holder (approx. 95 mil in the US). so each mortgage holder would have got about 7000 each anf there would have been 4 basic outcomes<br>1. your already in foreclosure so blow the money on products - stimulating the economy<br>2. You owe the bank money - give it to them and stop foreclosure - money goes to th ebank but saves a family in the process<br>3. Yuor up to date with your mortgage so pay off your credit cards with the money - money goes to the banks <br>4. your up to date with everything so go spend th emoney on a new car - stimulating the economy <br>Any way you look at it, giving "our" money back to us so we the consumers can decide which companies succed or fail is much better than the bailout policies currently being used I agree with you that the euro market is very different to the US.

but in essence this plan puts the decision of who to “bail-out” in the hands of the consumer. And we all know that the current Pelosi/Reid government is against giving the consumer the choice – the want control or should I say “nationalize” companies.
It is like the bank bailout, the 700Bil should have been given to mortgage holder (approx. 95 mil in the US). so each mortgage holder would have got about 7000 each anf there would have been 4 basic outcomes
1. your already in foreclosure so blow the money on products – stimulating the economy
2. You owe the bank money – give it to them and stop foreclosure – money goes to th ebank but saves a family in the process
3. Yuor up to date with your mortgage so pay off your credit cards with the money – money goes to the banks
4. your up to date with everything so go spend th emoney on a new car – stimulating the economy
Any way you look at it, giving “our” money back to us so we the consumers can decide which companies succed or fail is much better than the bailout policies currently being used

]]> By: zermatt http://www.egmcartech.com/2009/04/22/uk-adopts-vehicle-scrappage-incentive-us-still-debating/comment-page-1/#comment-614474 zermatt Wed, 22 Apr 2009 22:46:47 +0000 http://www.egmcartech.com/?p=33379#comment-614474 Europe does not have the incentive problems that the U.S. has. American car buyers (especially on domestic brands) have become accustomed to only buy when their are incentives in place. If the U.S.Government adds to the incentive additction it could screw up sales even worse.<br><br>Why would anyone buy a car now with the government about to make a huge contribution to the reduction of car prices in the future? Europe does not have the incentive problems that the U.S. has. American car buyers (especially on domestic brands) have become accustomed to only buy when their are incentives in place. If the U.S.Government adds to the incentive additction it could screw up sales even worse.

Why would anyone buy a car now with the government about to make a huge contribution to the reduction of car prices in the future?

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