ASU research finds that Cash for Clunkers rebates were too high to prompt car upgrades
Green Car Congress
MARCH 25, 2019
New research from a team at Arizona State University shows that even when receiving a big rebate from the government, consumers won’t always behave in expected ways. The data included more than 320,000 real vehicle transactions completed under Cash for Clunkers. Three professors in the W. and of the new vehicles, 24.9.
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