Pontificus » Cash for Clunkers http://pontificus.com Pondering the past, present and future... Sat, 31 Mar 2012 07:04:09 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Cash for clunkers cost $24,000 per vehicle sold… http://pontificus.com/2009/11/cash-for-clunkers-cost-24000-per-vehicle-sold/ http://pontificus.com/2009/11/cash-for-clunkers-cost-24000-per-vehicle-sold/#comments Mon, 16 Nov 2009 16:58:34 +0000 pontificus http://pontificus.com/?p=114 ]]> Edmunds.com — known for evaluating new and used cars and their markets — collated its seasonal car sales numbers with the results of the cash for clunkers program (aka Car Allowance Rebate System). Their findings were that factoring in new car sales that would have taken place anyway, the government subsidized each true “clunker” replacement to the tune of $24,000.1

  1. Cash for Clunkers Results Finally In: Taxpayers Paid $24,000 per Vehicle Sold, Reports Edmunds.com ↩

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