While I'm not a fan of Cash For Clunkers, I must admit I shed zero tears over all those Explorers going to well-deserved early graves. Fact is, 98% of Explorer drivers would have been better off with big Detroit wagons!
A couple weeks back, we saw the vast quantities of Volvo 240s at an East Bay self-service wrecking yard, and the landscape looks pretty similar at another nearby yard.
A couple of years back, we saw that Volvo 240s were getting scrapped at a ferocious clip… and the process continues today. I visited my local self-service boneyard and found eleven 240s, out of 100 or so European imports.
When you see clean, late-model Toyota pickups in the self-service junkyard and nobody cares, you know you're experiencing Clunker Overload.
You'd think that a car that cost as much as a new Mercedes-Benz W126- for example, $61,000 for a 1989 420SEL ($106K in 2009 bucks)- would be safe from the Clunkpocalypse. Think again!
When you see pink paint on an engine in the junkyard, that means only one thing: Cash For Clunkers victim! The latest wave of Clunkercides in my local yards seems to be mostly Lexus cars.