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Program logo The Toyota Corolla was the program's top seller according to U.S. DoT [1] The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT [1]. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel ...
For every car that was purchased, another car was traded in, and these. As the CARS program -- a.k.a. "cash for clunkers" -- helped an estimated 700,000 cars find new homes, it was sometimes easy ...
The Cash For Clunkers program has been pitched to taxpayers with a dual premise: prop up car sales (because we clearly haven't done enough to help the auto industry) and improve the environment.
As the "cash for clunkers" program kicked into high gear this week and dealers started accepting trade-ins, automakers heralded the new effort as a way to boost sales, national energy security ...
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