The Law Librarian Blog has reported some final figures on the "Cash for Clunkers" government program that just ended.
A couple of their findings were a little surprising to me. Not that the total number of vehicles turned in was 690,114 car sales. Nor the fact that $2.877 billion was spent on the program.
What surprised me was that 84% of the trade ins were trucks!.
Here is a chart from their web site:
RankTop 10 Trade-in Vehicles
1Ford Explorer 4WD
2 Ford F150 Pickup 2WD
3 Jeep Grand Cherokee 4WD
4 Ford Explorer 2WD
5 Dodge Caravan/Grand Caravan 2WD
6 Jeep Cherokee 4WD
7 Chevrolet Blazer 4WD
8 Chevrolet C1500 Pickup 2WD
9 Ford F150 Pickup 4WD
10 Ford Windstar FWD Van
Top 10 New Vehicles Purchased
1 Toyota Corolla
2 Honda Civic
3 Toyota Camry
4 Ford Focus FWD
5 Hyundai Elantra
6 Nissan Versa
7 Toyota Prius
8 Honda Accord
9 Honda Fi
10 Ford Escape FWD
3 Hondas, 3 Toyotas, 2 Fords, a Hyunda and a Nissan were the most purchased new vehicles under the program.
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