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Edmunds' Unrealistic Forecasts Hurting Auto Industry

Cash for clunkers didn't help the car industry, it just cost taxpayers, the poor and car donation charities a lot of money.

Korean Automakers Profit from Cash for Clunkers

Cash for clunkers was supposed to help the US Auto industry and the environment. It did neither. It just destroyed some 700,000 running cars. At a result, used car prices are up and revenue from car donation and repair shops is down.

Cash for Clunkers: It Actually Worked

Cash for clunkers destroyed almost 700,000 cars. Because of that, used cars prices have increased and auto repair shops and charities that need the proceeds from car donation have lost much money.

Hyundai Smartly Launches Cash for Clunkers Ahead of Government

If your car doesn't qualify for a voucher, you can stil donate car to charity and get a tax deduction.

AutoNation: 'Cash for Clunkers' Will Benefit Company

Cash for Clunkers is only a very short term solution. A more long term one is to simply allow those people who donate car to charity to claim the book value on their taxes.