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Used car prices rise after 'Clunkers' program

 
 
hawkeye10
 
  1  
Reply Wed 28 Oct, 2009 09:04 pm
@maporsche,
and since the program is not over yet so the government has not done the after action report, going with the $4.5K figure might have been a lot more simple. If you already know that number is very close to being on the mark.......
0 Replies
 
roger
 
  1  
Reply Thu 29 Oct, 2009 01:25 am
@dyslexia,
Depends on the focus. If the goal were as stated, the methodology failed to take into account that the old cars were taken off the road, regardless of whether the trades would have otherwise been made. Without the program, the old cars would still have been traded in, but would not have been removed from the streets. This assumes that the purpose of the program were actually to remove high mpg and high polluting cars from the road.

If the actual purpose were to put money into the hands of auto makers and dealers, the methodology was probably okay. Considering the stake our government has in two of the car makers, I suppose the methodology was okay.
0 Replies
 
 

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