The numbers have come back on whether the "cash for clunkers" program made a significant impact on the economy. It seems that the companies that received the government bailouts didn't sell many cars. They only had two of the top ten sellers but were the lions share of those traded in for the cash. Below is a link to a list of the top sellers and trades.
http://money.aol.com/article/the-top-cash-for-clunkers-vehicles/607200
I don't know anybody personally who took advantage of the offer. I guess that's just as well they didn't. Because some of those who did are beginning to have second thoughts about their purchase. I wonder what brand of auto those people bought? Someone said something early that made perfect sense. "People are driving clunkers for a reason." The only one who benefited appears to be those who owned the clunkers. Even though we will all pay the tab.
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