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Autoblog: Edmunds: Cash for Clunkers cost taxpayers $24k per car, not $4k
CarDomain Blog: Cash For Clunkers Cost Taxpayers $24,000 Per Vehicle Sold
Straightline: White House Disputes Edmunds' Cash for Clunkers Analysis
Reactions
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hmmm. http://tinyurl.com/ylsbwta #cashforclunkers #edmunds 22 days ago |
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Thought cash for clunkers was a good idea? It cost taxpayers $24k per car, not $4k: http://is.gd/4HhVH 22 days ago |
Edmunds: Cash for Clunkers cost taxpayers $24k per car, not $4k
Autoblog —
Filed under: Government/Legal, Earnings/Financials
There is little doubt that Cash for Clunkers gave auto sales a big boost in late July and most of August, but there has been considerable debate as to how much help taxpayers' $3 billion provided. Customers who purchased a new car or truck were rewarded in many ways, especially when you consider the U.S. government paid out a median price of about $4,000 per clunker. Those customers are also saving at the pump, as each car turned in was 4-10 mpg better than the vehicle it replaced. ...
Cash For Clunkers Cost Taxpayers $24,000 Per Vehicle Sold
CarDomain Blog —
... 690,000 vehicles were sold under the Cash For Clunkers program, but according to Edmunds, most of those cars would have sold anyway during the course of the year. According to their calculations, the program only really resulted in 125,000 additional vehicle sales for 2009, which means it cost taxpayers $24,000 per car sold. Pretty cool, huh? Read the full article at CNN Money ...
White House Disputes Edmunds' Cash for Clunkers Analysis
Straightline —
... Like many of their previous attempts, this latest claim doesn't withstand even basic scrutiny," it wrote on the official White House blog.
We have, of course, responded. Decide for yourself who's right here, we know where we stand.
Edmunds: Cash for Clunkers Results Finally In, Taxpayers Paid $24,000 Per Vehicle Sold
White House Blog: Busy Covering Car Sales on Mars, Edmunds.com Gets it Wrong Again
CNN Money: Taxpayers paid $24,000 per car
White House Disputes Edmunds’ Cash for Clunkers Analysis
GT Boy —
... on telegram TV. Like many of their previous attempts, this latest claim doesn't withstand even basic scrutiny," it wrote on the official White House blog.
We have, of course, responded. Decide for yourself who's right here, we know where we stand.
Edmunds: Cash for Clunkers Results Finally In, Taxpayers Paid $24,000 Per Vehicle Sold
White House Blog: Busy Covering Car Sales on Mars, Edmunds.com Gets it Wrong Again
CNN Money: Taxpayers paid $24,000 per car
Four-Links – Fords of the Fifties, Toyota auto show, more early snowmobiles, Edmunds-White House cash for clunkers spat
Hemmings Auto Blogs —
... * A couple cash for clunker-related news items crossed our desks this week. First, Edmunds, those well-regarded analysts of the auto industry, released a report stating that the whole scheme cost taxpayers $24,000 per car if you only calculate for incremental sales. Then the Obama administration shot back, ...
Cash for Clunkers “Green” Goal A Flop
The Truth About Cars —
If you want it, you already got it. (courtesy seriouswheels.com) Some politicians who supported the Cash for Clunkers program didn’t want to be seen promoting a billion dollar (or three) bailout for car dealers, what with car dealers rating just above sex offenders as “people who I’d like to support with my taxes.” So, not surprisingly, the C4C bill was wrapped in a mantle of green; structured to reward buyers who traded gas guzzlers for [marginally] more fuel efficient vehicles. In practice, the “program mostly involved swaps of old Ford or Chevrolet pickups for new ones that got only marginally better gas mileage, according to an analysis of new federal data by ...
