Let’s not pretend that a lot of good cars met an early end in C4C. People were hauling in their broken garbage to cash in. Nobody was bringing in some pristine example of anything good. A whole lot of raggedy minivans, crappy econoboxes and rusty trucks got sand in their engines. If they were worth anything, the scrapyard could have plopped a new motor in them and resold them.
C4C cleaned out the bottom of the barrel shit. Unless you were dying for some fucked up shitheap of a car, nothing of value was lost. If someone was dumb enough to roll in with something useful, you know damn well that the dealer would have given them the same money for it and just resold it. Yeah, you weren’t supposed to do that, and politicians aren’t supposed to fuck children either.
That was also when the CAFE standards changed and suddenly small trucks became effectively illegal since fuel economy standards started being based on vehicle footprint.
It’s why trucks started growing in size so much. The manufacturers figured out it was easier to make cars bigger than to make them more effecient.
Not to mention the choice of Toyota here makes this especially silly. The used market for body-on-frame Toyotas has been so far out of whack for so long that back when you could still get 0% dealer financing it was often cheaper to buy new than used after you factored in interest rates.
The 2012 used car market was pretty fucked. Tons of old stock had been taking off the market in 09/10 by Cash for Clunkers.
Let’s not pretend that a lot of good cars met an early end in C4C. People were hauling in their broken garbage to cash in. Nobody was bringing in some pristine example of anything good. A whole lot of raggedy minivans, crappy econoboxes and rusty trucks got sand in their engines. If they were worth anything, the scrapyard could have plopped a new motor in them and resold them.
C4C cleaned out the bottom of the barrel shit. Unless you were dying for some fucked up shitheap of a car, nothing of value was lost. If someone was dumb enough to roll in with something useful, you know damn well that the dealer would have given them the same money for it and just resold it. Yeah, you weren’t supposed to do that, and politicians aren’t supposed to fuck children either.
That was also when the CAFE standards changed and suddenly small trucks became effectively illegal since fuel economy standards started being based on vehicle footprint.
It’s why trucks started growing in size so much. The manufacturers figured out it was easier to make cars bigger than to make them more effecient.
Not to mention the choice of Toyota here makes this especially silly. The used market for body-on-frame Toyotas has been so far out of whack for so long that back when you could still get 0% dealer financing it was often cheaper to buy new than used after you factored in interest rates.