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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 EU sets this at 10,000 euros or currency equivalent as part of its Money Laundering Regulations. In the UK it is no longer possible to purchase scrap cars for cash with the introduction of the Scrap Metal Dealers Act in 2013. [13] As a result, firms in the scrap my car industry can no longer pay cash for cars.
There is no emission restriction of the new car to be bought. Since 2010, one person can scrap up to three cars and/or use the same amount of vouchers in exchange for a new one, but in 2012 this was dropped. In 2014, the value of the voucher was raised to 6,500 lei and the age of the car reduced to eight years. Number of cars traded
Tin scrap in the U.S. generally goes for $110 per ton on today's open market. The value of a single tin can would calculate as a fraction of a cent as a result. What are the latest scrap metal prices?
The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk’s Tesla , according to a document seen by Reuters, a move that could ...
The NHTSA said the information collected by the reporting requirement is crucial to improving the safety for American motorists
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