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Originally Posted by SCUDSBROTHER
Well, even if it's done this way, it's still brilliant. Take a 15 mpg car off the road, and replace it with a 25 mpg car. Use 30,000 miles/year, and say $3.50 a gallon for gas. See what happens in 4 years of use. That's over $10k that will be available to be put back into the economy. Even if it's only the clunker discount amount that is returned into the economy, it's still 5k being kept away from terrorist-supporting Muslims. It's a no-brainer. Muhammad is up there in a full-diaper rage. How dare you cut down on the money the non-believers have to give his loyal followers. It's an outrage.
30,000miles/ 25mpg =[1200gallons] x $3.50/gallon=[$4200/year] x 4years =$16.8k
30,000/15 = [2000] x $3.50=$7000 x 4= $28k
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only problem is people drive 12K miles a year on average and gas at least here is $2.80/gallon
so 12,000 miles/25mpg = 480 gallons x $2.80/gallon= $1300/year X 4 years= $5,200
12,000 miles/15mpg = 800 gallons x $2.80/gallon= $2240/year x 4 years= $8,960
a savings of $3,760 over 4 years.
I'm not saying that cutting consumption is a bad thing and I love the fact we'll be less reliant on arab and venezuelan oil but people we're going to make the change to more efficient cars on their own without being bribed using tax payer money with only a small fraction being used on G.M. products. The real benefactors in this were Toyota and Honda.
GM and Ford continue to make crap sans their trucks (ever drive a Cobalt or Focus?)