Thursday, September 24, 2009

Crushing: The Tragedies of Cash for Clunkers

While there are several painful trade-ins on the list to choose from, the most egregious has to be a 1987 Buick GNX. GM produced less than 550 of the turbocharged, Corvette-beating super Buicks in the mid-1980s and we can't believe what kind of condition this car had to be in to prevent the owner for getting more than $4,500 for it. Considering the fact that CARS regulations required trade-ins to be registered and insured by the current owner for at least one year, we have to think that this owner simply didn't know what they had. We imagine it's the same case for the person who traded in a 1992 GMC Typhoon. Unfortunately, the GNX isn't the only high-profile casualty on the list. While we can believe that the owner of the Buick may not have known what a special car they had, it's hard to think that the owner of the 1997 Aston Martin DB7 Volante didn't. Like the GNX, we'd love to know what kind of shape this car was in to lead the owner to believe that CARS was the best way out. Same goes for the person who traded in a 1997 Bentley Continental R. Other high-profile trade-ins that tugged at our gasoline-soaked heart-strings included several Maseratis. To be fair, all those traded-in were 1980s models -- not the brand's peak. While one owner of a BiTurbo gained notoriety for trading-in his car after no one would pay him more than $4,500 for it, he was only one of four who made that call. An old Quattroporte and a 222E suffered the same fate.

BMW 850i

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