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Taxpayers Paid $24,000 Per Car Under Cash For Clunkers Program

First Posted: 03/18/10 06:12 AM ET Updated: 05/25/11 03:30 PM ET

Cash For Clunkers

CNN Money:

A total of 690,000 new vehicles were sold under the Cash for Clunkers program last summer, but only 125,000 of those were vehicles that would not have been sold anyway, according to an analysis released Wednesday by the automotive Web site Edmunds.com.

Read the whole story: CNN Money

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Filed by Nicholas Sabloff  |