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- Cash for Clunkers: 5 Secrets and 3 Smart Tips
- The conventional wisdom says: Dump your wheels now and grab the rebate from Uncle Sam. The conventional wisdom is wrong. ...
- Articles 2009-07-21
- ‘Cash For Clunkers': Did It Work?
- Sure, the program boosted sales and put more-efficient cars on the road. But a look behind the numbers reveals some surprising side effects. ...
- Articles 2009-08-24
Additional Resources
- Car Sale Stimulus Too Complicated And Too Successful
- As part of a plan to both stimulate the economy and auto sales the U.S. Government came up with "Cash for Clunkers". This program actually called Car Allowance Rebate System CARS was to pay a rebate of either $3,500 or $4,500 to people buying a new car that exceeded...
- Blog posts 2009-07-31
- Car sales surge in August
- Scrapping incentives lifted car sales around the world in August, preliminary data showed, as government subsidies tempted buyers seeking the trade-in bonuses into dealerships.In Japan, car sales rose for the first time in more than a year. Several other countries and carmaking groups in Asia and Europe reported higher...
- External links 2009-09-01
- Cash for Clunkers Starts Today!
- Today the government rolls out the Car Allowance Rebate System CARS, fondly known as "cash for clunkers". The nickname is actually a misnomer, because when you participate, Uncle Sam does not mail you a check for a new car. Rather, if you trade a gas guzzler with 18 mpg or...
- Blog posts 2009-07-24
- Popular US clunkers scheme runs out of road
- Across the US this weekend, dealers were enjoying the last hurrah of the government's car scrappage programme ? the popular $3bn "cash-for-clunkers" scheme.The Keith Pierson Toyota dealership in Jacksonville, Florida has completed 70 rebate deals since the scheme to funnel money to car buyers started less than a month...
- External links 2009-08-23
- Road ends Monday for clunkers plan
- Washington -- The Obama administration will tow the "cash for clunkers" program to the junkyard Monday, closing the book on the $3 billion program that convinced hundreds of thousands of anxious consumers to buy new cars. The program is considered one of the most successful pieces of President Barack Obama's...
- News items 2009-08-20
- 'Clunkers' rules ease as sales soar
- The Obama administration agreed Thursday to expand the "cash for clunkers" program to vehicles already in the production pipeline. Car buyers had been limited to fuel-efficient vehicles in showrooms and on lots, and some dealers reported shortages. The Transportation Department's decision to broaden it came just days after a request...
- News items 2009-08-14
- 'Cash for Clunkers' Program Will End on Monday
- The Car Allowance Rebate System CARS, more popularly known as "cash for clunkers," will officially end on Monday, August 24th at 8 PM EDT, the agency said. The enormously popular program has supplied $1.9 billion in rebates, across 457,000 dealer transactions. Each rebate was worth either $3,500 or $4,500, with...
- News items 2009-08-20
- Cash for Clunkers Runs Out of Cash
- The “Cash for Clunkers†program, formally known as the Car Allowance Rebate System CARS, is only four days into handing out money andâ€"like GM and Chryslerâ€"it is already basically bankrupt, putting the Obama Administration into an incredibly embarrassing situation. At presstime, the program was still in place as Congress sought...
- Blog posts 2009-07-31
- Cash for Clunkers: Sham De Jour
- Sold At The Top submits: Looks like the Fed's “Cash for Clunkers” policy has stirred some pretty dramatic demand for new vehicles spurring on the second largest month-to-month production jump in vehicles in nearly 40 years.While I recognize the novelty of the “Car Allowance Rebate System” policy, I’m...
- External links 2009-08-16
- Cash for Clunkers Snarl - How to Avoid It
- Rick Newman submits: When car dealers start doing business with the federal government, whaddya expect? Perfect harmony? Of course not. Several weeks into the "cash for clunkers" program it turns out that delivering a couple of billion dollars worth of rebates to hundreds of thousands of car buyers...
- External links 2009-08-19
- 'Clunkers' program ends Monday night
- Washington -- The Obama Administration will end the $3 billion "cash for clunkers" program at 8 p.m. Monday -- giving dealers and consumers one final weekend to junk a vehicle and buy a new, greener one. U.S. Transportation Secretary Ray LaHood said today the expiration day was determined by using...
- News items 2009-08-20
- Hyundai Smartly Launches Cash for Clunkers Ahead of Government
- TheCarConnection.com submits: Final details about the federal government's new Cash-for-Clunkers program--clunkily and officially titled the "Car Allowance Rebate System"--won't be released until July 23, but that hasn't stopped Hyundai (HYMLF.PK) from getting a jump on the competition. Hoping to ride the wave of great publicity it's...
- External links 2009-07-05
- Japanese sales climb in 'clunkers' program
- Washington -- Japanese automakers have gained significant ground on domestic automakers in the U.S. government's $3 billion "cash for clunkers" program. General Motors Co., Ford Motor Co. and Chrysler Group LLC saw a dropoff in sales while those of foreign rivals rose in the latest tally of "cash for clunkers"...
- News items 2009-08-17
- Dealers have until 8 p.m. to submit 'clunkers' payment requests
- Washington -- The 20,000 auto dealers participating in the $3 billion "cash for clunkers" program have until 8 p.m. tonight to submit voucher reimbursement requests. As of this morning, the Transportation Department had received applications for 665,000 transactions seeking $2.77 billion, just 40,000 more than Monday. The fact that dealers...
- News items 2009-08-25
- Car Allowance Rebate System: Ford Bounces Back
- Jim Delaney submits: When the “Cash for Clunkers” concept was first announced in Europe back in April of this year, it was seen as a pretty smart way to incentivize a section of the consumer market whose goods definitely fall into the “durable” category and was heralded here...
- External links 2009-07-30
- The ?Cash for Clunkers? Program Will Soon Exhaust Itself
- Michael Steinberg submits: The Wall Street Journal’s “Dealers Scramble to Find Fuel-Efficient Cars” reports potential shortages in the more popular higher mileage vehicles sought by the consumer stampede into the CARS Car Allowance Rebate System program. This super-hyped government program is the subject of endless advertisements by all of the...
- External links 2009-08-12
- Energy Roundup: Clunkers Says Adieu, Cleaner Oil Sands, Chevron Revs Up Lobby Engine, and More
- Cash for clunkers says ba-bye -- The cash for clunkers program, which was revived by a $2 billion lifeline earlier this month, will end Monday. The Car Allowance Rebate System or CARS program, as its officially known, has recorded more than 457,000 dealer transactions worth $1.9 billion in rebates, according to...
- Blog posts 2009-08-21
- Transportation Department moves to speed 'clunkers' payments to dealers
- Washington -- The U.S. Transportation Department is ramping up efforts to speed payments to dealers under the $3 billion "cash for clunkers" program. By the end of the week, the government will have about 1,100 workers processing voucher payment requests of up to $4,500 each, or triple the current number,...
- News items 2009-08-20
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