First they came for the clunkers......

Posted by portlandon On 2009/1/20 17:44:06

"The "Cash for Clunkers" bill was introduced last week by Senators Dianne Feinstein (D-CA.), Susan Collins (R-ME), and Charles Schumer (D-NY) in a bid to help the economy by boosting spending on car purchasing and increase putatively more sustainable vehicles on the road.

The program would exchange crummy, old, heavy and polluting junkers for coupons between $2,500 and $4,500 for a private owner or $50 for dealers and scrappers. The cars must have been registered for at leaast 120 days prior to trade in, get 18 MPG or worse and be in generally drivable condition. The hope is that with coupon in hand, you'll buy a new car to both clean up the air and stimulate the economy."

While this is aimed at $500 beater Granadas & Chevettes, it is hard to imagine Government stopping there. This might possibly start to creep into hobby cars as well. If a person can turn in a running "Parts car" for a $2500 to $4500 dollar coupon, will there be any more project cars in 10 years?

Fight this legislation folks, before classics are gone forever.