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2018 Cash for Clunkers Program - Latest news on the US Car Allowance Rebate System - CARS - aka Cash for Clunkers car rebate program established by the US in 2009
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CashforClunkers.org is a private news blog and information site and is not related to, endorsed by or managed by any government or agency. Cashforclunkers.org contains articles, press releases and legislation on CARS (aka Cash for Clunkers) legislation.
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A total of 690,000 new vehicles were sold under the Cash for Clunkers program last summer, but only 125,000 of those were vehicles that would not have been sold anyway, according to an analysis released Wednesday by the automotive Web site Edmunds.com.
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-efficient vehicle when trading in a less fuel-efficient vehicle.
Cash for Clunkers: What We'd Buy. Our Unofficial Guide to the U.S. Government's CARS Program. Find out what makes these cars a good cash for clunkers choice in this feature from the automotive experts at Motor Trend.
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