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MNN.COM > Eco-Glossary

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)

Recent Stories


Top 10 'cash for clunkers' trade-ins

Fri, Dec 11 2009 at 8:02 AM EST

Why Cash for Clunkers was like a methadone clinic

Mon, Aug 31 2009 at 5:19 AM EST

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 EST

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


Cash for Clunkers to end on Monday

Thu, Aug 20 2009 at 7:22 PM EST

With rebates coming slowly and uncertainty about how much money is left in the program, officials have decided to cut off claims after Aug. 24.


GM says mercury pollution not its problem anymore

Tue, Aug 11 2009 at 3:07 AM EST

Car giant deflects environmental obligation through legal technicalities.


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