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by smogcutter
2313 days ago
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Eh, I’ve heard that before as well but I don’t know if it’s true. By the time the program ended in 2009, cash for clunkers had taken ~700k cars off the market. The same year, about 35 million used cars were sold in the US[1]. Cash for clunkers was a rounding error. [1] Had a hard time finding statistics for 2009, but it’s in here: https://www.niada.com/PDFs/Publications/2010IndustryReport.p... |
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