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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 ...
A recent Consumer Reports article indicated that used car prices have been falling as of mid-2024. In April, the average price for a used vehicle was $28,550, which was 10% lower than in April 2023.
In general, used cars are more reliable than ever, according to a new study from J.D. Power. The J.D. Power 2023 Vehicle Dependability Study revealed that owners reported an average of just 186...
Both the 500L wagon (retired after the 2020 model year) and the 500X subcompact SUV made U.S. News and World Report’s list of “Used Cars To Avoid in 2023” and ranked at the bottom of their ...
As of 2024, there were just 11.4 million used cars 6 years old or newer available to buy at dealerships — a drop in 4.1 million from the 15.5 million used cars available in 2022.
2024, for 38% of overall Americans surveyed by GOBankingRates, is the year consumers plan to buy a car. Before you hurry off to a car dealership with your tax refund, however, you might want to ...
That’s why it’s important to do your research when buying a used car to make sure you get one that rates high in performance, safety and reliability. 8 Unreliable Used Cars To Avoid Buying In 2025
Despite the funds required to buy and maintain a car, Americans place a high priority on owning a vehicle. As Forbes Advisor reported, 2022 U.S. Census data revealed that 91.7% of U.S. households...
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