Tuesday, August 04, 2009

trading in your clunker?

this Cash-for-Clunkers program is pretty interesting, and stepping on the gas now. recently the program asked the government for more money as it was really catching on.

today i saw something though, some data released on the types of vehicles being traded in and what is being bought should not be a surprise to anyone..

every single one of the top ten traded in cars is an american-built car, for the most part SUVs and soccer mom wagons. now what does this tell you how highly people view these cars now, after they were all the rage a few years ago. i think it's a sign that the boom is over and the recession has kicked in. at least it appears people are getting fiscally responsible now.





The Top Ten Trade-Ins:


1. 1998 Ford Explorer


2. 1997 Ford Explorer


3. 1996 Ford Explorer


4. 1999 Ford Explorer


5. Jeep Grand Cherokee


6. Jeep Cherokee


7. 1995 Ford Explorer


8. 1994 Ford Explorer


9. 1997 Ford Windstar


10. 1999 Dodge Caravan


The Top Ten New Cars:


1. Ford Focus


2. Honda Civic


3. Toyota Corolla


4. Toyota Prius


5. Ford Escape


6. Toyota Camry


7. Dodge Caliber


8. Hyundai Elantra


9. Honda Fit


10. Chevy Cobalt


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