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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 CARS program -- a.k.a. "cash for clunkers" -- helped an estimated 700,000 cars find new homes, it was sometimes easy to forget the opposite end of the process. For every car that was ...
The federal government has put strict rules in place to ensure vehicles turned in under its popular "cash for clunkers" program aren't simply resold to new owners. After all, much of the program's ...
Starting today, the government's Car Allowance Rebate System (CARS), aka "Cash for Clunkers," will go into effect. The controversial program, which has drawn both the appreciation and the ire of ...
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 ...
The Obama administration's "cash for clunkers" program has gotten the U.S. auto industry off its deathbed. The program, which gives people up to a $4,500 incentive to exchange their old gas ...
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