Green Car Congress

NOVEMBER 3, 2013

After the “clunker” was traded in, its engine was destroyed. 677,842 clunkers were traded in between 1 July 2009 and 24 August 2009 as part of the program, which issued $2.85 miles per gallon (9.4 billion in vouchers; NHTSA concluded that the new vehicles purchased under the program averaged 24.9 l/100 km), compared to the 15.8

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Green Car Congress

SEPTEMBER 2, 2009

Burton Abrams and George Parsons of the University of Delaware evaluated the efficiency of the recently concluded Cash for Clunkers (CARS) program and concluded that the cost exceeds the benefit by approximately $2,000 per vehicle, or close to $1.4 billion in total. Their paper appears in the online journal The Economists’ Voice.

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Cash For Clunkers Delaware MPG 2009 236

Green Car Congress

MARCH 25, 2019

The Car Allowance Rebate System, which cost the government $3 billion and was dubbed “Cash for Clunkers,” was so popular that it ran for only a few weeks in the summer before running out of money. The data included more than 320,000 real vehicle transactions completed under Cash for Clunkers. —Michael Wiles.

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Green Car Congress

SEPTEMBER 22, 2009

Cash for Clunkers”) program could maximize greenhouse gas emissions savings by using fuel-economy based eligibility requirements rather than age-based requirements. Alexander Allan, Rachel Carpenter and Geoff Morrison (2009) Abating Greenhouse Gas Emissions through Cash-for-Clunker Programs ( UCD-ITS-RR-09-26 ).

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Green Cars News

JULY 5, 2009

The programme, which has been dubbed ‘cash for clunkers’, was signed into law on June 24 with issuance expected to occur on July 23. Trade-in vehicles must get 18 or less miles per gallon (some large pick-up trucks and cargo vans have different requirements). So how will the US scheme work?

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Green Car Reports

SEPTEMBER 29, 2009

Thanks to the strong financial incentives offered by the Cash-For-Clunkers program , the average gas mileage of new vehicles sold in the U.S. during August reached a record high: 23 miles per gallon, up 8 percent from the 21.2 mpg in August 2008.

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Cash For Clunkers MPG Light Gasoline 60

Green Car Congress

JUNE 14, 2010

Over time, we can conserve by reducing the miles we drive. That means we’ll be powering some miles with increasingly renewable electricity that isn't made from imported oil. Payback will come because an electric mile is up to five times cheaper than a petroleum mile.

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