Ever closer to my free car!

OK, we’ve talked about Why I Will Never Drive My Porsche to Work. We’ve talked about my (soon-to-be) new, free car. Now we’re going to talk about how Obama wants me to be happy.

Gas guzzlers could get $3,500 or $4,500 in government vouchers to use toward the purchase of new cars that get gas mileage that exceeds the old car’s by four miles per gallon.- CNN

Revisiting the Cubicle Warrior Free Car Equation:

Pn (price of new car) < = Pt (price of trade in) + T(amount of tax
relief) + Voucher

Pt = (via Kelly Blue Book for my beat-up Ford. ) = $2550

T = SC sales tax of 6%

Pn < = $4,500 + $2550 = $7050

Ignoring tax (see rebate) and fees (negotiable), I should be able to get a free new car if I can find one for $7k.

Just not sure if trading in makes this a mutually exclusive proposition so I may have to forgo Pt as it is the lesser value.

OK, had to check. I couldn’t find a US car for $7k, but I found one for
$9k! One of the Cheapest Cars of 2009!

Hyundai Accent
Starting MSRP Accent GS 3-door $9,970
Automatic 26 / 35 MPG

Here are the pics!

Now, would this Cubicle Warrior be seen driving that? No! But I bet I could sell it for $6k!

Add that 6K to another 4,500 for a car with 30 mpg (because 30 is 4 mpg ahead of the Hyundai and thus qualifies for the stimulus) and I’m in the 5-figures mark! That’s Kia range, baby! Movin’ on up!

The Porsche will be mine!

What do you think? Will I get my free car? Any holes in my logic?

Comments (2)

The only hole will be if your fuel pump assembly goes before you are prepared to take on this venture.

p.s.- I hate you….

Yeah, if my car dies before I make a trade, the equation suffers. But there is additional logic to be had. Future posts!

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