The final Cash for Clunkers numbers have been released. With 690,114 deals submitted, the final bill will total $2.877 billion. That was after the deadline was extended for submissions until Tuesday evening. The deadline was extended when the CARS website went down for dealers on Monday.
The White House Council of Economic Advisers said the program will create or save 42,000 jobs in the second half of the year. Check out my list of winners and losers during the C.A.R.S. Program.
Toyota, Honda and Nissan outpaced the 'domestic' auto makers; GM, Ford and Chrysler 41% to 39%.
New Vehicles Manufacturers
Toyota - 19.4%
General Motors - 17.6%
Ford - 14.4%
Honda - 13.0%
Nissan - 8.7%
Hyundai - 7.2%
Chrysler - 6.6%
Kia - 4.3%
Subaru - 2.5%
Mazda - 2.4%
Volkswagen - 2.0%
Suzuki - 0.6%
Mitsubishi - 0.5%
MINI - 0.4%
Smart - 0.2%
Volvo - 0.1%
All Other - <0.1%
The average fuel economy of the trade-ins ended at 15.8 mpg, while the new vehicles averaged 24.9 mpg. The result is a 9.2 mpg increase or 58% improvement.
Vehicles Purchased by Category
Passenger Cars: 404,046
Category 1 Truck: 231,651
Category 2 Truck: 46,836
Category 3 Truck: 2,408
Vehicle Trade-in by Category
Passenger Cars: 109,380
Category 1 Truck: 450,778
Category 2 Truck: 116,909
Category 3 Truck: 8,134
Top 10 new vehicles purchased
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
Top 10 trade-in 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
Requested Voucher Dollar Amount by State:
ALABAMA $31,251,500
ALASKA $4,868,500
ARIZONA $39,542,500
ARKANSAS $23,402,500
CALIFORNIA $326,822,000
COLORADO $37,676,500
CONNECTICUT $40,114,000
DELAWARE $11,235,000
DISTRICT OF COLUMBIA $67,500
FLORIDA $146,565,000
GEORGIA $70,496,000
GUAM $675,000
HAWAII $7,333,500
IDAHO $11,655,000
ILLINOIS $143,613,000
INDIANA $65,797,000
IOWA $37,728,000
KANSAS $31,496,500
KENTUCKY $40,246,500
LOUISIANA $33,376,500
MAINE $16,579,500
MARYLAND $74,903,000
MASSACHUSETTS $64,855,000
MICHIGAN $132,407,500
MINNESOTA $73,160,500
MISSISSIPPI $12,463,500
MISSOURI $61,271,500
MONTANA $6,461,000
NEBRASKA $21,784,500
NEVADA $14,582,000
NEW HAMPSHIRE $23,045,500
NEW JERSEY $103,375,500
NEW MEXICO $13,941,500
NEW YORK $156,292,000
NORTH CAROLINA $78,601,500
NORTH DAKOTA $8,938,000
OHIO $136,267,000
OKLAHOMA $37,422,000
OREGON $37,531,500
PENNSYLVANIA $138,651,500
PUERTO RICO $2,252,000
RHODE ISLAND $10,690,500
SOUTH CAROLINA $37,207,500
SOUTH DAKOTA $10,367,500
TENNESSEE $50,949,000
TEXAS $183,776,500
UTAH $24,102,500
VERMONT $9,879,000
VIRGIN ISLANDS $1,553,000
VIRGINIA $98,523,500
WASHINGTON $55,927,500
WEST VIRGINIA $13,477,000
WISCONSIN $70,165,000
WYOMING $2,513,000
Wednesday, August 26, 2009
Final Cash for Clunkers Numbers
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