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10-29-2009, 01:08 PM
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Living Legend
Join Date: Oct 2004
Location: chesapeake, va
Age: 61
Posts: 15,817
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Cash For Clunkers Cost $24,000 Per New Car Sale
I thought this was pretty interesting study done by Edmonds. They figure that only about 125,000 new car sales where created by the cash for clunkers deal which cost the tax payers 3 billion dollars working out to $24,000 per car.
Cash for Clunkers Results Finally In: Taxpayers Paid $24,000 per Vehicle Sold, Reports Edmunds.com |
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