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Cash For Clunkers final numbers: 690,000 vehicles sold; $2.8 billion used; 24.9 mpg average for the...

Posted in : www.depozitul.net

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  Wed, Aug 26 2009, 17:40

Filed under: MPG , Legislation and Policy , Green Daily , USA C.A.R.S. ended Monday night and the numbers are in. At first blush, things look positive. First, 690,114 vouchers were submitted asking for $2.877 billion (just under the program's $3 billion limit ). There was also $100 million used for administration costs (as Autoblog calculates, about $144 for every claim processed) and there is $23 million or so left over. Flash analysis by the White House Council of Economic Advisers says the program boosted economic growth in the 3Q by 4/10ths of a percent and created or saved 42,000 jobs that still remain, at least for the near future. Read more: Cash For Clunkers final numbers: 690,000 vehicles sold; $2.8 billion used; 24.9 mpg average for the... ... http://www.depozitul.net/2009/08/cash-...

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