Top Ten Cash for Clunker Sellers

by Edward Niedermeyer

Published: August 4th, 2009

1: Ford Focus

2: Toyota Corolla

3: Honda Civic

4: Toyota Prius

5: Toyota Camry

6: Ford Escape

7: Hyundai Elantra

8: Dodge Caliber

9: Honda Fit

10: Chevrolet Cobalt

[via CNN Money]

Edward Niedermeyer

4 of 42 comments

SCE to AUX on Aug 05, 2009

If only CFC would go until 2011, the Chevy Volt could make the list, standing proudly beside GM's only other entrant, the Cobalt. Or not. Toyota did better than I expected, and Hyundai didn't do as well as I thought.

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Dingram01 on Aug 05, 2009
Supposedly, these clunkers are worth $2000-2500 a piece on a normal trade-in. So the government is subsidizing about $2000 worth on average, and paying an extra $2000-2500 worth per clunker to destroy a working car. It would be interesting to see a list of the most traded-in vehicles under CFC. At any rate I doubt that trade value on most of these vehicles would be $2000-$2500...maybe more like $1000-$1500. That's about what mine would have been. Retail it might have been $2500-$3000 at best.

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Geeber on Aug 05, 2009
P71_Crown Vic: Because they are being paid $4500 to get that appliance. People would also get paid the $4,500 to buy the Cobalt and the Aveo, and they STILL don't want them. So what is GM's excuse...?

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Mirko Reinhardt on Aug 05, 2009

@Greg Locock : maybe the Cobalt? The Cobalt is a straight re-skin of the 1998 Opel Astra sedan. http://commons.wikimedia.org/wiki/File:Policecar_antwerp.jpg Of course decontented to hell and back.

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