Cash For Clunkers is finally over. The final numbers? 690,114 cars were destroyed. Was it a win for America? Sorta. Of the purchases, American cars made up less than 40%. Full details, and most traded-in and purchased cars, below.
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.
We've been watching as the amount of funds in the Cash For Clunkers kitty quickly dwindles, and now the National Automobile Dealers Association is asking for guidance because they believe there's no money left.
The second-to-last obstacle to to continuing the Cash For Clunkers program, i.e. securing another $2 billion, has been removed with the Democrats successfully stopping the Republicans from adding any amendments to a vote of 65-32.
Senate Democrats will likely approve another $2 billion for Cash For Clunkers today. The catch? Republicans will be able to vote on an amendments for the bill, including one forcing the government to sell GM and Chrysler stake.