Cash for Clunkers Officially Ends with Nearly 700,000 Cars Traded In

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Cash for Clunkers officially ended Monday night and dealers had until Tuesday evening to file all the paperwork. This morning the Department of Transportation stated that 690,114 vehicles were traded in for new ones, which totals $2.877 billion, just under the $3 billion set aside for the program.

According to the Obama administration the program either created or saved a total of 21,000 jobs this year.

“American consumers and workers were the clear winners thanks to the cash-for-clunkers program,” said U.S. Transportation Secretary Ray LaHood.

Top 10 New Vehicles:
1. Toyota Corolla
2. Honda Civic
3. Toyota Camry
4. Ford Focus
5. Hyundai Elantra
6. Nissan Versa
7. Toyota Prius
8. Honda Accord
9. Honda Fit
10. Ford Escape FWD

Top 10 Traded Vehicles:
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

Full Story: Detroit Free Press