The government’s cash for clunkers program boosted July’s annualized new car sales by 1 million units, but the CARS program is also having a positive impact on used car sales. Dealers are reporting that buyers not eligible for the cash for clunkers program are opting to buy late model pre-owned vehicles.
With the cash for [...]
The money for the cars program disappeared so fast you'd think dealers were giving cars away. And for some car buyers, they felt that dealers almost were. One reader said he used the program to buy a Hyundai for almost 40 percent of... Read Post
Australia may soon follow in the footsteps of other international markets with a 'cash for clunkers' program dubbed Cleaner Car Rebate, offering a $2000 boost to new car buyers trading in their old car. Prime Minister Julia Gillard ... Read Post