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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 ...
As the federal government's Cash for Appliance Clunkers program begins, consumers may find themselves in a stew of confusion over when clunker rebates are available, how much they'll get and from ...
The Car Allowance Rebate System, better known as "Cash for Clunkers," was a big success in helping car owners trade in their old automobiles for new fuel-efficient ones back in July and August.
It is frequently compared to the Car Allowance Rebate System (CARS), colloquially known as "Cash for Clunkers," which was a 2009 federal program to encourage replacing cars with low fuel efficiency.
The "cash for clunkers" program, which offers $3,500 to $4,500 to buyers trading in older cars for newer, more fuel-efficient models, is a turning point in the government's plan to bailout the ...
Blinder was an early advocate of a "Cash for Clunkers" program, in which the government buys some of the oldest, most-polluting vehicles and scraps them. In July 2008, he wrote an article in The New York Times advocating such a program, [21] which was implemented by the Obama administration during the summer of 2009. [22]
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