If I had a clunker and needed a new car, I would have used the CARS cash for clunkers programs myself. When I began to think about the program, I figured it would be interesting to see who was buying new cars during a down economy. I figured, if the person could afford to look into buying a new car, they were probably not that bad off.
The news reports I have read indicate that the number 1 used vehicle being traded in was a Ford Explorer. The number 1 new vehicle being purchased was a Toyota Corolla. Think about it. If the point of the program was to save the American auto industry from itself, and save a tiny bit of the environment to boot, the federal government was successful if the real goal was to give yuppies new cars.
Showing posts with label CARS. Show all posts
Showing posts with label CARS. Show all posts
Saturday, August 29, 2009
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