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Cash for Clunkers sales by manufacturer. The US Cash for Clunkers program (CARS) ended Tuesday night with 690,114 dealer transaction submitted worth $2,877.9 The average fueleconomy of the vehicles traded in was 15.8 mpg and the average fueleconomy of vehicles purchased is 24.9 Toyota Prius.
The US Cash for Clunkers scheme ran out of cash on Tuesday with 690,114 dealer transactions submitted. The average fueleconomy of the vehicles being traded in was just 15.8mpg, but the average of those being bought was 24.9mpg - that’s an improvement of 58 per cent. So did it achieve its objectives?
The Car Allowance Rebate System (CARS for short, or ‘cash for clunkers’ as it is more commonly known) was the US’s answer to the scrappage schemes in Germany and the UK which appeared to have revitalised their respective automotive sectors. When the cash for clunkers scheme was introduced, we at TheGreenCarWebsite.co.uk
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