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.
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. Dealers apply a credit at purchase - no voucher is needed. Trade-in vehicles must get 18 or less miles per gallon (some large pick-up trucks and cargo vans have different requirements).
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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