Government Lists Top 10 Cars Purchased Under Clunkers Program

The “Cash for Clunkers” program, officially known as the Car Allowance
Rebate Systems (CARS), ran from late July to late August. The program
provided government vouchers of $3,500 or $4,500 to be used toward the
purchase of a new vehicle for the trade-in of a used vehicle that met
certain qualifications. The used vehicle was then scrapped. The
program’s premise was to provide the automakers and dealers with a
jumpstart in new car sales while getting so-called “gas guzzlers” off
the road.


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