|
For Clunkers .com For Clunkers provided 2009 updates and news Email - ideas@forclunkers.com for information about this site |
|
For Clunkers .com
forclunkers.comFor Clunkers provided 2009 updates and news
about the CAR Allowance Rebate System (CARS)
Cash For Clunkers was a great success!Email - ideas@forclunkers.com for information about this site
Ask your dealer about
qualifying cars & trucks
Cash for Clunkers’ Yielded Almost 700,000 SalesThe U.S. government’s “cash for clunkers” vehicle trade-in program produced almost 700,000 automobile sales, the Transportation Department said. The final hours of Cash for ClunkersThe "Cash-for-Clunkers" program, the government-sponsored car buyback program, cruised toward its 8 p.m. deadline today. Cash for Clunkers spurred more than $2 billion in sales. This weekend, people raced to get there clunkers in at the last minute. Some Dealers Stop Taking 'Clunkers'Some car dealers stopped accepting new vehicles under the U.S. government's "Cash for Clunkers" program Friday because they said they want time to finish processing their paperwork before it shuts down Monday. - Washington Post "Cash for Clunkers" off to a speedy startThe new money, which raises the total appropriated for the program to $3 billion, should fund the program at least through September, the program's administrators say. The money should be enough for about 750,000 total clunker trade ins- Seattle pi 'Cash for Clunkers' seen also helping steelmakersReuters - Steve James - Aug 3, 2009
NEW YORK, Aug 3 (Reuters) - The "Cash for Clunkers" auto rebate program is not only helping automakers; it is also likely to boost steel and ...
House OKs $2 billion more for 'cash for clunkers'Los Angeles Times - Jim Puzzanghera, Martin Zimmerman - Jul 31, 2009
President Obama discusses an increased funding proposal for the "cash for clunkers" program and the broader economy at the White House. ...
US major automakers sell 47% of "Cash for Clunkers" salesXinhua - Mu Xuequan
CHICAGO, Aug. 3 (Xinhua) -- The three major US automakers accounted for 47 percent of the first 80000 "Cash for Clunkers" sales, the US government said ...
|
This is not a government web site - Your Ad Here - Best Deals For Clunkers Loans For Clunkers Service For Clunkers Dealers For Clunkers Trade Ins For Clunkers Parts For Clunkers Deals For Clunkers Rebates For Clunkers
|
Why the bad rap for the Cash For Clunkers program?
The Cash For Clunkers program is misunderstood by many people because of the negative spin that many media outlets and pundits are spewing. Here are five Myths.
Myth-1) The CARS program allows participants to trade in an old wreck and get a $4500 credit.
Not True - The rules are: The vehicle must have been continuously registered and insured for no less than one year prior to the trade-in. So while cars that are just occasionally driven are being traded-in under CARS, no cars without active registration and insurance can legally participate. Also, the trade-in of any car or truck that has a trade-in value greater than the CARS program credit will not benefit from a CARS credit.
Myth-2) The CARS program is helping import car companies more than US manufacturers.
Not True - So far the program is benefiting the entire car industry. Of the top 10 car models sold in July, seven were assembled in the US or Canada, and many were built with American made parts from American factories. Click this CARS link for a video describing the trade-in statistics.
Myth-3) Getting "clunkers" off the road has minimal impact on reduced emissions and fuel consumption.
Not True - The latest government statistics show that clunker trade-ins have an average fuel economy of 15.8 miles per gallon. The average fuel economy for new cars purchased under the program is 25.4 mpg. The first 1 billion spent on the CARS program produced an overall reduction of 665,000 metric tons of CO2. We should see a three fold increase with the additional funding. Early reports are also showing that US consumers are mostly using the Cars Program to go down in vehicle size and up in fuel economy.
Myth-4) People will joy ride because they have a new car and defeat the programs intended fuel savings.
Not True - Does anyone really believe that new car owners are going to offset annual gasoline savings of nearly $1,000 per car by joy riding? If new car owners do drive more, it is much more likely that they will take a family trip to a recreational destination and stimulate the tourist economy (restaurants, stores, theaters, parks etc) in the US.
Myth-5) Cars and trucks that are being scrapped are going to waste.
Not True - The only part that is destroyed is the engine, which is disabled by running a compound through it instead of oil. The engine metal is then melted down, recycled, and used to build new cars -- using far less energy than mining raw ore. Almost all the other car parts can be made available as replacement parts for "clunkers" that are still on the road. That is very good news for those that can not afford to participate in the CARS program and need to continue driving their older vehicles.
The CARS program is a grand experiment, and so far it is helping stimulate the US economy, reduce emissions and fuel consumption, is benefiting many blue collar workers and middle class families, and is showing the world that the the US government can champion massive domestic positive CHANGE. Some have called the Cash For Clunkers program a kind of "trickle-up" economic program.
The Cash For Clunkers concept is in it's infancy and it will evolve and inspire many government and private sector innovations.
What would you recommend for future programs, improvements?
