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2. Car Allowance Rebate System - Wikipedia

   en.wikipedia.org/wiki/Car_Allowance_Rebate_System

   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 ...

3. Vehicle recycling - Wikipedia

   en.wikipedia.org/wiki/Vehicle_recycling

   Between 2009–10, the United Kingdom introduced the scrappage incentive scheme that paid GBP2,000 in cash for cars registered on or before 31 August 1999. The high payout was to help old-vehicle owners purchase new and less-polluting ones.

4. Wrecking yard - Wikipedia

   en.wikipedia.org/wiki/Wrecking_yard

   In some cases, when the car has become disabled in a place where derelict cars are not allowed to be left, the car owner will pay the wrecker to haul the car away. Salvage yards also buy most of the wrecked, derelict, and abandoned vehicles that are sold at auction from police impound storage lots, and often buy vehicles from insurance tow ...

5. Buying a Car in 2024? Junk Fees Will Be a Thing of the Past - AOL

   www.aol.com/finance/buying-car-2024-junk-fees...

   The Federal Trade Commission (FTC) is cracking down on junk fees. The new rule is expected to save consumers more than $3.4 billion, the FTC said. The FTC's rule goes into effect on July 30, 2024....

6. Ford, GM donate $1 million and contribute vehicles to Trump's ...

   www.aol.com/news/ford-donates-1-million-fleet...

   DETROIT (Reuters) -U.S. automakers Ford Motor and General Motors will donate $1 million each, along with vehicles, to U.S. President-elect Donald Trump's January inauguration, company ...

7. Salvage title - Wikipedia

   en.wikipedia.org/wiki/Salvage_title

   In the state of Michigan, the issuance of a salvage title does not mean that the vehicle is also deemed a total loss. [6] Michigan issues a salvage title when the damage equals 75-90% of the pre-damage value; if the loss is 91% or greater the vehicle is eligible only for a "scrap" title, which cannot be subsequently upgraded by any means.