With all of the hype surrounding the cash for clunkers program, many consumers have forgotten about the benefits of investing in used cars. The cash for clunkers program is not without its faults. This article describes five of those faults which make you want to visit your local used cars dealer instead of getting a new one even with a voucher. Here are some of the faults described in that article.

• Why encourage consumers to take on more debt? Even with the voucher from the federal government, most car buyers would have to incur more debt in order to afford a new car. Aren’t we in debt enough?
• The program requires the engine and drivetrain (among other important parts) of the trade-ins to be completely destroyed. Not only is all this waste going to end up in a landfill, but it means the spare parts for older vehicles will eventually be unavailable.
• Even with a $4,500 voucher from the government, the price of a quality used car is much lower than buying a qualifying new car under the program’s guidelines.

Used cars are a great investment during these tough times. While everybody is trying to take advantage of the federal government’s program, you can get a great deal at a Philadelphia used car dealer. Check one out today!