• richard avatar Richard Posted: 9/29/2009 12:09pm PDT

    As someone who works with charities that receive car donations, it appears Cash for Clunkers had a fairly minimal negative impact. In terms of psychographics, the sort of person who's apt to donate his/her car to charity isn't necessarily the sort of person who'd be dissuaded by a (relatively small) trade-in incentive from the feds.

  • Tom L Posted: 9/29/2009 10:09am PDT

    8% applied to a whole industry is not "minimal". I'm willing to bet that if you looked at the average fuel economy for each month over the last several years August would show up at least 3 standard deviations above the average.
    The speed at which the funds were exhausted does indicate that the government should have either set even higher fuel economy benefits or reduced the tax credits.

  • Cars4Charities Posted: 9/29/2009 8:56am PDT

    The minimal increase in fuel efficiency came at a very high price to taxpayers, auto repair shops and car donation charities.