There was an article today that was pointing out the price jump in used cars. Here are a couple of responses in the comments section.
"Cash for Clunkers is THE direct cause of this problem. I am looking for a small, economical car for my kids and you can't find ANYTHING for under $8,000 with less than 90,000 miles. Another OweBOMBa BLUNDER."
"You can also blame it on the aftermath of Obamas "Cash for Clunkers". This is exactly what the Republicans said was going to happen. There would be a shortage of used cars, because all those vehicles were destroyed. Now, who is going to pay the price 
? you guessed it.... The middle class, when they go searching for a nice used car AND the lower class because they don't have any cheap used cars to buy !!!!!!!!!!! At the time it saved some people some money NOW it is going to cost alot of people some money. So, what did it accomplish ??"
My Comment
"When I arrived to work late because of traffic the other day I blamed Obama.
You people are delusional. The Cash for Clunkers program resulted in 690,114 new purchases nationwide. Do you really think that 690,114 old cars out of the 62 million registered vehicles in the US would cripple the used car market to this degree? Get real."
So do you guys think Obama is solely to blame for the higher used car prices?
Think abou it, most used cars aren't like the 87 Honda CRXs or 91 Toyota Camrys.
Most hold their value and are not buckets of steel to get you one place to another. You can legitimately buy a 4 cyl car (Honda S2000) that can outperform many sports cars from the 90s...and these cars still hold their value...cars are made better (yes, Domestics and Foreign) and are made to last longer, reflecting in cars holding their value more...
