09/10/2009 05:12 am ET Updated May 25, 2011

Cash for Clunkers: 5 Things You Need To Know

Detroit measures muscle in how fast it takes to accelerate from 0 to 60 m.p.h.; by that gauge the government's cash-for-clunkers program (formally known as the Car Allowance Rebate System) ranks right up there with a turbocharged Corvette.

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