USDOT (U.S. Department of Transportation) released results of the CARS (better known as “Cash for Clunkers”) program Wednesday, saying 690,114 new cars were sold along with $2.88 billion in rebate applications submitted through the $3 billion initiative.
California led the nation with $326.8 million in requests for federal rebates, followed by Texas with $183.8 million and New York with $156.3 million.
Honda and Toyota were the only two automakers to feature more than two models among the top 10 “Clunkers” buys. Honda manufactured about 13 percent of all new vehicles purchased with the assistance of the program’s rebates.
Although consumers who traded their “clunkers” through the government’s program for more fuel-efficient vehicles most often traded for the Toyota Corolla, Honda was perhaps the biggest winner of all- just behind the Corolla in popularity was the Honda Civic, while the Honda Accord came in at eighth, followed by the compact, fuel-efficient Honda Fit.
Most popular new-vehicle buys through "Clunkers:"
1. Toyota Corolla
2. Honda Civic
3. Toyota Camry
4. Ford Focus FWD
5. Hyundai Elantra
6. Nissan Versa
7. Toyota Prius
8. Honda Accord
9. Honda Fit
10. Ford Escape FWD
Most popular trade-ins:
1. Ford Explorer 4WD
2. Ford F150 Pickup 2WD
3. Jeep Grand Cherokee 4WD
4. Ford Explorer 2WD
5. Dodge Caravan/Grand Caravan 2WD
6. Jeep Cherokee 4WD
7. Chevrolet Blazer 4WD
8. Chevrolet C1500 Pickup 2WD
9. Ford F150 Pickup 4WD
10. Ford Windstar FWD Van
Although “Cash for Clunkers” is now long over, you can still get a great deal at Brickell Honda of Miami. Currently Brickell is offering several buy and lease specials, along with special
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