Cash for Clunkers Was Shot in the Arm


Despite all the carping by media and polticians of both stripes, our clients affirm that Cash For Clunkers was a qualified success, in that it provided a needed shot in the arm for the entire industry.

Although there was an anticipated drop off after the conclusion of the program, it did allow for needed cash flow, and depletion of inventory. The sell off of inventory allowed the factories to fire up, again, putting more prospective buyers back to work.

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