Edmunds: Cash for Clunkers cost taxpayers $24k per car, not $4k
Posted by admin, October 30th, 2009
Those customers are…
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Topics: edmunds.com, image, edmunds Customers who purchased a new car or truck were rewarded in many ways, especially when you consider the U.S. Filed under: Government/Legal , Earnings/Financials There is little doubt that Cash for Clunkers gave auto sales a big boost in late July and most of August, but there has been considerable debate as to how much help taxpayers’ $3 billion provided. government paid out a median price of about $4,000 per clunker.
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