Friday, August 7, 2009

About the Cash for clunkers thing...

I just have a quick note about the whole cash for clunkers thing that Obama is pushing (and just approved 2 million dollars for... or maybe it was even billion... I'm not sure about the dollar amounts...

Anyway, all the car dealers are complaining (sort of) because they can't keep any cars on the lot... but, according to this article from the Seattle PI the purpose of the program (to replace gas guzzlers with more efficient cars) is working kinda well.

I've taken this directly off of the Seattle PI site:

Top 10 vehicles purchased
1. Toyota Corolla
2. Ford Focus FWD
3. Honda Civic
4. Toyota Prius
5. Toyota Camry
6. Hyundai Elantra
7. Ford Escape FWD
8. Dodge Caliber
9. Honda Fit
10. Chevy Cobalt
Top 10 trade-ins
1. Ford Explorer 4WD
2. Ford F-150 pickup
3. Jeep Grand Cherokee 4WD
4. Jeep Cherokee 4WD
5. Dodge Caravan/Grand Caravan
6. Ford Explorer 2WD
7. Chevrolet Blazer
8. Ford F-150 pickup 4WD
9. Chevrolet C1500 pickup 2WD
10. Ford Windstar FWD
Avg fuel economy
Avg new vehicle mileage: 25.3 mpg
Avg trade-in mileage: 15.8 mpg
Avg increase: 9.6 mpg
So, it's kinda neat to think that the program is at least increasing fuel efficiency in the Seattle area...

Just some food for thought.