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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 ...
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 ...
About nine months have passed since the federal government ended its popular and controversial "cash for clunkers" program. But the jury is still out on how much the incentive helped boost the ...
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.
It was the first used car price drop recorded since just before the federal government's "cash for clunkers" rebate program began in July 2009, according to the Center for Economic and Policy ...
If I had waited just one more day to join the thousands filing into car dealers across the country looking to cash in on the government's latest attempt to reboot the economy, the Cash for Clunkers.
The U.S. public has been far too accepting of the government's "cash for clunkers," or CARS program -- and now all the money is gone. As of Monday, said U.S. Transportation Secretary Ray LaHood ...
The act did allocate money, however, to equip government agencies with more efficient vehicles, created a grant program for diesel owners wishing to outfit their cars with cleaner burning technology, and added a significant tax incentive program for plug-in hybrids. [4]
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