Cash for clunkers down under?

[Yellow_Festiva]

http://news.ninemsn.com.au/national/...0-for-new-cars

Gillard announces $2000 for new cars, Jul 24, 2010

The federal government will give $2000 to anyone who updates their old car, Prime Minister Julia Gillard has announced.

From January next year anyone who trades in a car manufactured before 1995 for one that meets emissions standards will receive a $2000 rebate from the government.

"Australians own a lot of old motor cars, and those old cars guzzle a lot of petrol and they spew out a lot of pollution," Ms Gillard told reporters in the marginal Labor-held electorate of Forde, south of Brisbane.

"I want to help Australians to update their motor vehicles," she said, noting that the old cars would be turned into scrap metal.

The rebate will be on offer for 200,000 new vehicles, costing the government $394 million over the forward estimates which it will fund by redirecting funds.

Ms Gillard also announced new mandatory fuel efficiency standards for all new cars from 2015.

It adds to Labor's climate change policy, outlined on Friday.

The policy includes a crackdown on dirty power plants and a $1 billion investment in greening up the electricity grid.

Ms Gillard also wants to set up a 150-person "citizens' assembly" to help the government nut out consensus on the difficult issue of a carbon price.

[jpd80]

Meh, I call it scrappage on the cheap.

USA was offering up to US$4,500 on certain gas guzzlers, is this any more than an election stunt?

Let's see, 200,000 cars at $2,000 a pop...the taxpayer is coughing up $400 million!!!

Not much of a dent on estimated pool of 2 million pre 1995 vehicles, surely the government
can spend our money far more effectively CO2 capture for coal fired power plants....
I would find that a far better application of scarce funds....

[Windsor220]

Would be ok aslong as they dont scrap cars that people are still interested in. Can just see them crushing an XY GT into a cube without realising what it is.

[bungarra]

Time to keep an eye on the scrap yard, might find a bargain or ten!!

[jpd80]

Originally Posted by Windsor220

Would be ok aslong as they dont scrap cars that people are still interested in. Can just see them crushing an XY GT into a cube without realising what it is.

No, it's not compulsory.
There's an estimated pool of two million pre 1995 vehicles out there, the great majority
of owners won't be interested in trading their cars in on selected new vehicles.
Those owners of pre 1995 intending to buying a new vehicle now have a $2,00 wind fall
but I wonder how many of those allocated 200,000 vehicle owners will take up the offer.

[351EL]

[/QUOTE] From January next year anyone who trades in a car manufactured before 1995 for one that meets emissions standards will receive a $2000 rebate from the government.[/QUOTE]
Which emission standard?

[Kryton]

Originally Posted by 351EL

Which emission standard?

The current one - hence buying a NEW car.

[nstg8a]

they would be better off increasing the rebate on lpg conversions again. my pre95 5.0 uses no petrol lol

[jpd80]

Originally Posted by nstg8a

they would be better off increasing the rebate on lpg conversions again. my pre95 5.0 uses no petrol lol

I think you'll find that LPG conversions don't reduce the CO2 usage by that much...

i hear what you're saying though and the opportunity for folks to
get cheaper transport costs through LPG can't be denied.

[csv8]

Julia Gillard offers $2000 for people to trade-in pre-1995 car for a new vehicle

From: AAP July 24, 2010 11:37AM


THE Federal Government will give $2000 to anyone who updates their old car, Prime Minister Julia Gillard said today.

From January next year anyone who trades in a car manufactured before 1995 for one that meets emissions standards will receive a $2000 rebate from the government.

"Australians own a lot of old motor cars, and those old cars guzzle a lot of petrol and they spew out a lot of pollution," Ms Gillard told reporters in the marginal Labor-held electorate of Forde, on Brisbane's southside.

"I want to help Australians to update their motor vehicles," she said, noting that the old cars would be turned into scrap metal. The rebate will be on offer for 200,000 new vehicles, costing the Government $394 million.

Ms Gillard also announced new mandatory fuel efficiency standards for all new cars from 2015.

[vztrt]

http://www.theage.com.au/national/gi...724-10pce.html

Gillard's 'cash for clunkers' scheme
MARK METHERELL
July 24, 2010 - 12:47PM

Old car owners will score a $2000 rebate if they buy a new fuel-efficient vehicle, under a "cash for clunkers" scheme announced by Julia Gillard today.

Ms Gillard said that if re-elected, Labor will, from next January, privide a $2000 rebate to owners of cars manufactured before January 1995 if they trade them in for a brand-new car meeting fuel-efficient standards.

The $394 million cost of the scheme will be financed by cuts in several other climate programs, including $220 million coming off the solar flagship program.

Speaking at a park south of Brisbane this morning, Ms Gillard said the measure would see nearly 200,000 pre-1995 vehicles taken off the road, reducing carbon emissions by 1 million tonnes. There are currently an estimated 2 million pre-1995 vehicles on Australian roads.

"This is part of the Gillard Labor government's plan to make positive changes to how we live, work and travel," she said.

The move copies President Barack Obama's subsidies for new cars, which were introduced as a stimulus measure. Ms Gillard said her measure was about reducing carbon emissions.

The announcement comes after Ms Gillard came under heavy criticism over yesterday's proposal to form a citizen's assembly to tackle climate policy, a move rejected as more spin that substance.

The rules covering the new scheme will oblige people to have owned the old vehicle for at least two years. The new vehicle must have minum greenhouse rating of sic or higher, which is about the average for new cars now. Eligible cars cannot be in the luxury class and would include such models as a Toyota Hybrid Camry, Holden Cruze, Ford Falcon EcoBoost, Toyota Corolla or a Mazda 3. The old vehicles will be scrapped under the scheme to ensure they are not returned to the road.

Ms Gillard said AusIndusty would manage the process and that the government would prescribe scrapping requirements after consulting the industry.

[vztrt]

Originally Posted by jpd80

I think you'll find that LPG conversions don't reduce the CO2 usage by that much...

Neither does buying a new car.

[bcr2734]

what cars carry the rebate as in if i trade a old ea sedan, am i allowed to trade it in on a new gt an get the rebate?

[Fairlane]

Seriously who owns a pre 1995 that can afford to buy a new car, virtually no one and what difference in $2000 gonna make when they are still 20 grand short.

[pottery beige]

Ronald McDonalds clown show....

[deesun]

In reality $2k only really means you can upgrade to possibly the same model car. I agree with increasing the LPG rebate back to $2k.

[Boosh Brus]

Cash for clunkers is a retarded policy. Taking tax payers money to destroy cars that work and then encouraging people to borrow money for cars they do not need.

LPG rebate makes much more sense.

[JimNiki]

do you have to buy a new car? or just one that meets efficient standards? eg: 6-18 months old? or does she mean one that meets the most current emissions as of the time you claim the 2K?

euro4? euro5?

[Yellow_Festiva]

Originally Posted by Fairlane

Seriously who owns a pre 1995 that can afford to buy a new car, virtually no one and what difference in $2000 gonna make when they are still 20 grand short.

Not really. Some people will be happy to buy a new car with this little incentive. Wonder if the scheme will apply for people who buy a car under finance? Perhaps it will be part of the deposit / upfront money like the first home buyers grant.

What difference does 5c make in an item that costs $199.95 or $10 make in a car thats $29,990? SFA in the scheme of things, but that little bit is enough to make an item appear 'cheaper'.

Cheers,

Jason

[Interceptor]

brilliant idea, first bloody clunker that needs to be traded in and scrapped is that brainless bimbo gillard

[Riksta]

So I could trade in my Colt on a new Fiesta or something and get $2000 for a car that's worth $400 if I'm lucky?

[Yellow_Festiva]

Originally Posted by Riksta

So I could trade in my Colt on a new Fiesta or something and get $2000 for a car that's worth $400 if I'm lucky?

Probably yes. Wonder if this will create a boom in bombs? People who go out and buy a $300-600 car with a months rego just prior to their new car purchase?

[bobthebilda]

What an absolutely piece of crap, and a complete insult to anyone with half a brain.
Its just another Labour piece of spin to try and win over someone, and try and put some sort of green edge to it. for.
1) There is absolutely no guarantee that a particular pre 1995 model, is any more thirstier on fuel, or more polluting than a current model.
2) Any pre 1995 model now being driven around in australia, is already here. With 84% of cars imported, one has to account the pollution caused by getting those cars here.
3) As per following link.
http://www.peakoil.org/Research.html
It takes 27 barrels of oil to make a new car, as opposed to none to let an old one grow older. 27 barrels of oil is suprisingly, close to $2000.
4) The reason why someone is probably driving a pre 1995 car (under $2000), is probably because they cant afford $15000 for a base model new car, or just dont want one.
5) Its totally value destructive. Australia currently has a potential 200,000 cars out there worth $400 million. The government wants to turn this $400 million into $zero.

Its simply another, "quick i gotta come up with something to please the masses, no matter how stupid it is, as its only taxpayers money i am wasting" election idea.

[chevypower]

@Bob, well I don't know what the mentality behind the Australian version of this scheme is, but the US Cash For Clunkers was more about getting people in to new car showrooms and buying cars than it was about reducing the oil consumption. If they think it will have a significant impact on the environment, then they are idiots. But I don't think the program is entirely bad either.

[Matt P]

I love watching the cars destroyed in the US on You Tube most of them put more smoke and crap in the air than they every made whilst functioning normaly and half of them blow up throw things out the side and contaminate the ground below brilliant idea.

[bobthebilda]

Originally Posted by chevypower

@Bob, well I don't know what the mentality behind the Australian version of this scheme is, but the US Cash For Clunkers was more about getting people in to new car showrooms and buying cars than it was about reducing the oil consumption. If they think it will have a significant impact on the environment, then they are idiots. But I don't think the program is entirely bad either.

Thats just it Chevy, I dont think anything the government does when it comes to the auto industry has any mentality behind it. And I assume, you are across the great "as yet, oil free" ocean from us, so you may not also know that the Australian Government also has a very appalling record when it comes to introduce "green" initiatives too. But going by what was in the PM's comments.

"Australians own a lot of old motor cars, and those old cars guzzle a lot of petrol and they spew out a lot of pollution," Ms Gillard told reporters in the marginal Labor-held electorate of Forde, south of Brisbane.

"I want to help Australians to update their motor vehicles," she said, noting that the old cars would be turned into scrap metal.
The rebate will be on offer for 200,000 new vehicles, costing the government $394 million over the forward estimates which it will fund by redirecting funds.
Ms Gillard also announced new mandatory fuel efficiency standards for all new cars from 2015.
It adds to Labor's climate change policy, outlined on Friday.

Then I guess there can be no doubt that it is more aimed at the green side of things.

Theres no doubt that swapping a pre 95 landcruiser for 2010 corolla may have a beneficial impact on the environment. But I doubt there would be any advantage in swapping a pre 95 suzuki for a 2010 falcon.

[jpd80]

Originally Posted by vztrt

Neither does buying a new car.

Exactly why the whole thing is a $400 million scam funded by the tax payer...

[flappist]

Originally Posted by Fairlane

Seriously who owns a pre 1995 that can afford to buy a new car, virtually no one and what difference in $2000 gonna make when they are still 20 grand short.

Hyundau Getz, $12,000 brand new.....

As far as the "wrecker deals" I suspect anything handed in would be mandatorily destroyed. The idea is to get the old stuff off the road not make good deals for "enthusiasts".

[Mesa]

I can see alot of concern within the green ranks. On one hand they'll want to support it, on the other they won't because most of them own something built before 1994!

[SVR73]

theres nothing in the aussie new car market that I want to buy.
old cars are more fun. my next car will be an old school muscle car to accompany the AU