Top 10 vehicles bought by people trading clunkers
Posted on August 20, 2009
Filed Under General |
The Associated Press
Tuesday, August 18, 2009
“As of Friday, car buyers in the U.S. had signed deals to trade in 358,851 clunkers for new vehicles, getting rebates of up to $4,500 (U.S.) from the U.S. government. Most of the trades have been pickup trucks and sport utility vehicles. The top 10 vehicles purchased by those making clunker trades:”
1. Toyota Corolla
2. Honda Civic
3. Ford Focus
4. Toyota Camry
5. Toyota Prius
6. Hyundai Elantra
7. Ford Escape (front-wheel-drive)
8. Honda Fit
9. Nissan Versa
10. Honda CR-V (four-wheel-drive)
http://www.globeinvestor.com/servlet/story/RTGAM.20090818.wclunkers0818/GIStory/
The interesting thing to note here is that there are no GM or Chrysler products on this top ten list.
Clayton
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Like beating your head on a wall, it feels so good when you stop.
http://www.nytimes.com/aponline/2009/08/20/business/AP-US-Cash-for-Clunkers.html?_r=2&emc=na
Chevy Cobalt was on the list a couple weeks ago. Here’s an article saying the top ten list depends on who you ask: http://money.cnn.com/2009/08/07/autos/cash_for_clunkers_sales/index.htm?cnn=yes
And here’s the link showing the before clunkers sales ratios and the after clunkers sales ratios: http://www.edmunds.com/help/about/press/154387/article.html
The good news is, that even though the parents companies are foreign, all of the Edmund’s top ten list are made in the U.S.
http://www.rense.com/general87/wis.htm
The ‘Wisdom’ Of The Clunker Program…
9-12-9
A bored statistician has been busy again…
A vehicle at getting 15 mpg and doing 12,000 miles per year uses 800 gallons a year of gasoline.
A vehicle at getting 25 mpg and doing 12,000 miles per year uses 480 gallons a year.
So, getting rid of each average clunker will reduce US gasoline consumption by 320 gallons per clunker per year.
They claim 700,000 vehicles were taken in during the clunker program - so that’s 224 million gallons per year saved.
That equates to a bit over 5 million barrels of oil.
5 million barrels of oil is about 1/4 of one day’s US consumption.
And, 5 million barrels of oil costs about $350 million dollars at $75 a barrel.
So, we all contributed to the spending of $3 billion dollars…to save $350 million.