US federal incentives program for consumer fuel efficiency boosts
"C.A.R.S." redirects here. For other uses, see cars (disambiguation).
Program logoThe Toyota Corolla was the program's top seller according to U.S. DoT[1]The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT[1]
The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel-efficient vehicle when trading in a less fuel-efficient vehicle. The program was promoted as a post-recession stimulus program to boost auto sales while putting more fuel-efficient vehicles on the roadways.
The program officially started on July 1, 2009, processing of claims began July 24,[2] and the program ended on August 24, 2009, as the appropriated funds were exhausted, having scrapped 677,081 vehicles.[3][4] The deadline for dealers to submit applications was August 25.[5] According to estimates of the Department of Transportation, the initial $1 billion appropriated for the system was exhausted by July 30, 2009, well before the anticipated end date of November 1, 2009, due to very high demand.[6][7][8] In response, Congress approved an additional $2 billion.[6][7][9][10]
^ ab"Cash for Clunkers Wraps up with Nearly 700,000 car sales and increased fuel efficiency, U.S. Transportation Secretary LaHood declares program "wildly successful"" (PDF) (Press release). U.S. Department of Transportation. August 26, 2009. Archived from the original (PDF) on October 7, 2009. Retrieved October 15, 2012.
^"Car Allowance Rebate System: What is the Car Allowance Rebate System?". U.S. Department of Transportation. Archived from the original on December 26, 2009. Retrieved November 28, 2014.
^Bunkley, Nick (August 20, 2009). "Government Will End Clunker Program Early". The New York Times. Retrieved August 21, 2009.
^Cite error: The named reference CNN0820 was invoked but never defined (see the help page).
^Fuller, Andrea (August 24, 2009). "Dealers Get More Time on 'Clunker' Rebates". The New York Times. Retrieved August 25, 2009.
^ abWald, Matthew L. (August 1, 2009). "In Congress, a Jump-Start for Clunkers". The New York Times. Retrieved August 1, 2009.
^ abThomas, Ken (August 1, 2009). "Cash for clunkers' rebates survive - for weekend". The Washington Post. Retrieved August 1, 2009.
^Healey, James R.; Woodyard, Chris (August 2, 2009). "House adds cash to 'clunkers' program; Senate vote needed". USA Today. Retrieved March 29, 2016.
^Karl, Jonathan; Khan, Huma; Wolf, Z. Byron (August 6, 2009). "The Senate Votes, Ensuring Popular But Cash-Strapped Program Will Continue". ABC News. Retrieved August 6, 2009.
^Wald, Matthew L. (August 7, 2009). "Senate Adds Cash to 'Clunkers' Plan". The New York Times. Retrieved June 27, 2010.
and 26 Related for: Car Allowance Rebate System information
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poor-condition GMC Syclone was scrapped under the U.S. federal government CarAllowanceRebateSystem (colloquially known as "cash for clunkers"), despite being highly...
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this procedure was used to comply with requirements of the CarAllowanceRebateSystem (CARS) program. A mixture of sodium silicate and sawdust has been...
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in 2010 to 3.6. This number includes the effect of the 2009 CarAllowanceRebateSystem program, also known as "Cash for Clunkers", in which approximately...
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to 18.3 million by December 2016. He also signed into law the CarAllowanceRebateSystem program, also known as "Cash for Clunkers." Approximately 8.7...
with the scrappage program and contrasted it with the American CarAllowanceRebateSystem, where people who bring in a vehicle less than 25 years old may...
Association (NEMA). The program provided a $25 per horsepower rebate and a $5 per horsepower rebate for the disposal of the old motor. The latter program was...
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the regressive tax impact. This was styled by advocates as an "advance rebate", or "prebate", of tax on purchases up to the poverty level. First introduced...
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government has announced that it will not install a rebatesystem for the introduction of electric cars but that it will reshape the legal provisions to...
monthly allowance for single and able bodied welfare recipients, resulting in 25,000 people or 28 per cent of welfare rolls, being removed from the system, saving...
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for rent increases in the public sector and a mandatory system of local rent and rate rebates that survived subsequent legislation." The Supplementary...
increase in family allowances did not come about until 1968). A new system of rate rebates was introduced, which benefited one million households by the end...
assets available to the taxpayer. This is then subject to discounts or rebates. The amount of business tax is calculated by multiplying the taxable net...
70 percent of a vehicle's total weight. Manufacturers also received tax rebates for additional local content. Early in the program, models were often sold...
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