WebClunkers." Cash for Clunkers o ered a government credit of either $3,500 or $4,500 toward the purchase of a new vehicle if a customer traded in a used vehicle with a fuel economy rating of 18 miles per gallon (MPG) or less, and purchased a new vehicle whose fuel economy rating was su ciently above that of the trade-in vehicle. WebDec 26, 2024 · Cash For Clunkers was the official name of an economic stimulus program launched by the United States government in 2009 as part of the American Recovery and Reinvestment Act. It aimed to stimulate automobile sales, which fell off sharply due to the late-2000s recession and its aftermath. The program ran from July 2009 through October …
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