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Program logo The Toyota Corolla was the program's top seller according to U.S. DoT [1] The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT [1]. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel ...
Between 2009–10, the United Kingdom introduced the scrappage incentive scheme that paid GBP2,000 in cash for cars registered on or before 31 August 1999. The high payout was to help old-vehicle owners purchase new and less-polluting ones.
Off-rental: rental car companies normally replace their fleets once a year, releasing a flood of late-model cars to the secondary market. Like the big financial institutions that underwrite car leases, rental companies also rely on auto auctions to sell off their used inventory. These vehicles tend to be well-maintained and driven for only one ...
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Ohio drivers pay some of the cheapest car insurance premiums throughout the country, on average. For comparison, the national average cost of a full coverage policy is $2,542 per year, and $740 ...
A decrepit car is a car that is often old and damaged and is in a barely functional state. There are many slang terms used to describe such cars, such as beater , clunker , chod , flivver , hooptie/hoopty , jalopy , old banger (most commonly used in the UK), but the most popular being junk car .
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