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Ten Most Traded-In And Purchased Cash For Clunkers Cars (Almost Over!)
Less than half-a-day left in Cash For Clunkers and the end couldn't come soon enough. According to newest data, recorded dealer transactions jumped by nearly 30% this weekend. That, plus the top traded-in and purchased cars, below.
As of Friday morning the number of transactions submitted numbered 489,269 with a dollar value of $2.04 billion. This morning the number reached 635,186 transactions with a dollar value of $2.65 million. Was there a surge of sales over the weekend?
Almost certainly not. Dealers were warned against doing more transactions both by the NADA and the Department of Transportation. This is probably a rush of overdue paperwork from dealers who need to get the information into the Feds before it's too late. There's also likely a processing lag on the government's end as well. Whatever the cause, we'll likely not know for a few days how much money was actually spent.
We also have an updated list of traded-in and purchased cars. So far, the number of vehicles purchased have overwhelmingly been passenger cars (283,104) and category 1 trucks (166,686), with just a few category 2 (31,862) and category 3 (1,300) trucks. On the other end, the majority of vehicles turned in are category 1 trucks (318,249) and category 2 trucks (81,599) with just 78,265 passenger cars.
To see the full list of traded-in and purchased vehicles click next.
Send an email to Matt Hardigree, the author of this post, at matt@jalopnik.com.read more: #cashforclunkers, #cashforclunker, #clunkers, #carsact, #mosttradedinvehicles, #carsprogram, #carpocalypsenow, #top, #c4c, #feature









