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Saturday, May 25, 2013
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MNN.COM › ECO-GLOSSARY

Cash for Clunkers News

Cash for Clunkers

 
"Cash for Clunkers" is a program designed by the U.S. government, under which consumers can turn in cars or light-duty trucks that get less than 18 miles a gallon, in order to promote fuel efficiency. If consumers buy cars that have "window sticker" mileage ratings of at least four miles a gallon more than their old cars, they will receive a voucher worth $3,500. If they buy cars that get at least 10 miles a gallon more than their old car, they receive $4,500. The controversial program concluded Aug. 24, 2009, with rebate applications worth $2.877 billion submitted and nearly 700,000 "clunkers" taken off the road. (Source: NY Times, CARS.gov / Photo: Flickr)

Articles about Cash for Clunkers

  • Do we love classic cars (and guns) too much?

    Mon, Jan 28 2013 at 12:49 PM

    Anger over the crushing of a '59 Chevy Bel Air matches the passion over a gun buyback in Tucson (home of the Gabby Giffords shooting).

  • Top 10 'cash for clunkers' trade-ins

    Fri, Dec 11 2009 at 8:02 AM

    More than 670,000 drivers participated in the CARS program in summer 2009. Check out the top 10 clunkers!

  • Why Cash for Clunkers was like a methadone clinic

    Mon, Aug 31 2009 at 5:19 AM

    Cash for Clunkers tore through our nation like a drag racer, long before anybody could figure out if it made sense.

  • Cash for Clunkers: The long goodbye

    Fri, Aug 21 2009 at 4:15 PM

    The program ends Monday night. Was it good for the car industry, good for America? I think so, but beware the warning signs.

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