Tuesday, August 4, 2009

Cash for clunkers 2 – did it really make a difference?



The LA Times, quoting an Edmonds analyst, says, “a href="http://www.latimes.com/news/la-fi-auto-sales4-2009aug04,0,2077466.story"not much/a.”br /br /Automakers and dealers admit that the program is of marketing value even if cars don’t qualify. (If I were employed right now, I’d see if I could swap my 8-year-old Corolla out on a Prius, to be honest.) But, they also admit that the program brought in people who had money to buy, or almost buy, anyway. The car-buying pool may have been considerably shallowed after this rush.div class="blogger-post-footer"There is no god and I am his prophet.img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7532871-974541768711592362?l=socraticgadfly.blogspot.com'//div

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