It makes your insurance more expensive, it makes everyone else's insurance more expensive. And this comes at a time when insurance is just getting more expensive because nobody drives cheap cars.
I've heard this a couple times, but looking at the numbers CfC only crushed about 700k cars, a quick Google suggests we crush 12 million per year on the reg. I'm not convinced it did a lot in the grand scheme y'know?
An extra ~6% cars removed from the market over a decade ago? Another quick Google shows me it did (probably) spike car prices.. for about 2 years, and then it settled back to where it was before.
It's not about generic used car prices. It's about complete removal of working CLASSIC vehicles and usable, recyclable parts from the supply chain. Nobody cares about the 80s/90s shitboxes, but the program took valuable classics out of garages, fields, and dismantling yards and crushed them for no good reason.
Cash for Clunkers eligibility was only for cars less than 25 years old. It very specifically did not take valuable classics out of garages. It took the 80s/90s shitboxes off the road. Yes, it did temporarily make used car values spike, especially on the low end of the market, but it's a massive stretch to claim it's having any effect on the current market.
Parts other than the engine were allowed to be salvaged.
I gotta be honest man, the evidence doesn't back up your claim. You can find a list of the cars crushed somewhere on Reddit, and it's mostly shitboxes. The notion that the price hike would disappear after two years and mysteriously reappear after a decade seems a lot less likely than it being a completely different cause. Do you have anything at all to back up your claim?
$960 per year, just in case something happens to your car. Probably doesn't even cover theft, most of that cost is in case you get hurt or hurt someone else in an accident.
Actually my insurance has been instrumental to getting a bunch of work done! My car's been being a total pain in the ass for the last year, but I haven't paid a dime in towing costs.
I appreciate it! The engine is on its last legs, so I'm going through the warranty process right now, and it's involved dead cats, full ignition swap. rear valve seal, and more T.T
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u/Peakomegaflare 1d ago
Hell if they want to steal my cats, go ahead. At least then I can replace them under insurance where I am.