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ASU research finds that Cash for Clunkers rebates were too high to prompt car upgrades

Green Car Congress

The study found that people would have been more likely to upgrade their cars if rebates had been less and if they had been offered as straight discounts—not trade-in refunds. The data included more than 320,000 real vehicle transactions completed under Cash for Clunkers. Three professors in the W. —Michael Wiles.

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Heard At The Show: Snippets from SAE 2009 World Congress

Green Car Congress

Cash for Clunkers. There are two bills in the US House of Representatives to give people cash for replacing an old, fuel inefficient vehicle with a new, more efficient, one. by 2020 and in one case study they were able to save between 70 and 75 lbs (32 to 34 kg) of vehicle mass for a cost penalty of $280-$350 ($4-$5/lb).

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