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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 ...
During the height of the Japanese asset price bubble in the late 1980s, when the yen had strengthened from an exchange rate of about 300 yen per one U.S. dollar in 1985 to about 150 yen per U.S. dollar in 1989, wealthy Japanese buyers began to buy classic cars for effectively half the previous cost in yen.
Off-rental: rental car companies normally replace their fleets once a year, releasing a flood of late-model cars to the secondary market. Like the big financial institutions that underwrite car leases, rental companies also rely on auto auctions to sell off their used inventory. These vehicles tend to be well-maintained and driven for only one ...
According to an Experian Automotive study cited by the Financial Times, while society’s rich are more likely to buy luxury brand cars than its less well-off, 61% of people who earn more than ...
If you’re a one-car family looking to double your number of wheels without your bank account needing to go in for repairs, these sub-$30,000 choices are the best options to consider. Honda CR-V
In such cases insurance companies declare a vehicle total loss and pay off the previous owner; [1] but, in others, it is issued only for losses due to damage. Under some circumstances, a salvage title denotation may be removed or replaced with a Rebuilt Salvage designation; [ 2 ] and cars imported to, or exported from, the United States may be ...
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