It appears that Senate Democrats have enough votes to win passage of the additional $2 billion dollars for the Cash For Clunkers program. The additional funds should take the program thru September.
The program appears to have motivated auto buyers into new car dealer showrooms. The Obama administration indicated that the program would end on August 7th without additional funding. The program appears to be a major success with increased sales and taken gas guzzlers off the road.
Here are the top ten cars purchased with the Cash for Clunkers program. The Ford Focus is shown above. The top ten cars sold are basically economy cars.
- 1. Ford Focus
- 2. Honda Civic
- 3. Toyota Corolla
- 4. Toyota Prius
- 5. Ford Escape
- 6. Toyota Camry
- 7. Dodge Caliber
- 8. Hyundai Elantra
- 9. Honda Fit
- 10. Chevrolet Cobalt
Listed below are the Cash For Clunkers trade-ins. The list is comprized of mainly SUV's and minivans.
- 1. 1998 Ford Explorer
- 2. 1997 Ford Explorer
- 3. 1996 Ford Explorer
- 4. 1999 Ford Explorer
- 5. Jeep Grand Cherokee
- 6. Jeep Cherokee
- 7. 1995 Ford Explorer
- 8. 1994 Ford Explorer
- 9. 1997 Ford Winstar
- 10. 1999 Dodge Caravan
SUMMARY:
This is definitely a good deal for consumers! Most of the cars listed above are economy cars, so if a consumer buys a vehicle that costs $15000. Then take the $3500 or $4500 a federal rebate....in addition to the discount on the vehicle plus any incentives from the manufacturer.
