It’s made it harder to find inexpensive used cars:
In her search for a cheap, used minivan for her and her husband, Krissy Dieroff has visited seven dealerships across Berks and Schuylkill counties in the last week, but to no avail.
“There’s not much to pick from, and the ones we do find are overpriced,” said Dieroff of Auburn, Schuylkill County, while browsing the lot of a city dealership on Monday.
Dieroff blames the shortage of inexpensive used cars on the federal cash-for-clunkers program, in which almost 700,000 used vehicles were traded in for newer, more fuel-efficient vehicles, and then scrapped.
Those clunkers were the cars Dieroff and her husband, Jason Boyer, would have been shopping for, they said.
“I saw the cars they were putting in the junkyard, and they were better than what we’re driving now,” Boyer said.
Some local used car dealers specializing in vehicles priced $5,000 and under agreed that there are fewer inexpensive vehicles available.
(…)
The trend is occurring nationally as well.
The Manheim Used Vehicle Value Index reported that prices reached record highs in September. The consulting firm that publishes the index blamed low inventories.
That’s bad news in Berks, where many shoppers seek inexpensive, used vehicles, especially during difficult economic times, said George Tabakelis, general manager of Perry Auto Service & Sales on Route 61 in Perry Township.
“Customers used to be able to find a good car for their son or daughter to take to college for $2,000 or $3,000, but now that same car may cost $5,000,” Tabakelis said. “It’s sad.”
He, too, blames cash for clunkers, which has led to fewer vehicles being available at used-car auctions, and the recession.
So, basically, Barack Obama and the Democrats screwed the poor.
Nice
H/T: Coyote Blog

November 2nd, 2009 at 1:34 pm
In a parallel world where higher prices and inflation stimulate an economy, as does higher amounts of debt, Barack Obama is God.
I’m surprised no one has bitched about the environmental impact of cars that can’t be recycled and are bound for the landfills.
November 2nd, 2009 at 4:12 pm
On autotrader.com, 222 cars under 2000 within 10 miles from my place, 449 on cars.com. Obama didn’t screw the poor, he screwed the morons.
November 2nd, 2009 at 6:32 pm
Wonder if the trickle down effect will also affect
replacement parts industry, used car dealers, and junkyards, not to mention those who make a good living keeping older cars running.
Before saying who cares, realize that these are very green industries, especially compared to “clunkercide”.
My own bias is against the acceptance of man made global warming arguments based on CO2. There are other possibilities
but am convinced this one is fallacious.
http://www.youtube.com/watch?v=stij8sUybx0