Aug 10, 2011

The "Cash For Clunkers" scheme, a name coined by the Princeton economist Alan Blinder for the Car Allowance Rebate Scheme resulted in bumper sales for some manufacturers and dealers. But who did best out of the scheme? Some consumers were clearly delighted but probably not as much as the Japanese and Korean manufacturers who gained market share:

Toyota 19%

General Motors 18%

Ford 14%

Honda 13%

Nissan 9%

According to Bill Vlasic of the New York Times, GM, Ford and Chrysler sales only accounted for 39 per cent of all sales compared to their 45% existing market share. People were typically selling Ford Explorer and Jeep Grand Cherokee vehicles.

Many people were excluded from the scheme because their cars were ineligible.

These cars were:

1 1987 Alfa Romeo GTV and 1987 Alfa Romeo Milano
2 1987 BMW 5 Series
3 1987 Chevrolet S10 Blazer 2WD
4 1987 Dodge Caravan/Grand Caravan/Ram Van 2WD and Dodge Shadow
5 1987 Ford Aerostar Van
6 1987 Ford LTD Crown Victoria and 1987 Ford LTD Crown Victoria Wagon
7 1987 GMC S15 Jimmy 2WD 
8 1987 Lincoln Continental
9 1987 Lincoln Mark VII
10 1987 Lincoln Town Car
11 1987 Mercury Grand Marquis
12 1987 Mercury Grand Marquis Wagon
13 1987 Plymouth Sundance
14 1987 Plymouth Voyager/Grand Voyager 2WD
15 1987 Plymouth Voyager/Grand Voyager 2WD
16 1987 Porsche 944
17 1987 Toyota Truck 4WD
18 1988 Mazda 929
19 1988 Peugeot 505 Sedan
20 1988 Toyota 4Runner 4WD
21 1989 Mazda 929
22 1989 Peugeot 505 Sedan
23 1989 Porsche 911 Carrera
24 1990 Audi 80 Quattro
25 1990 Dodge Caravan/Grand Caravan/Ram Van 2WD
26 1990 Plymouth Voyager/Grand Voyager 2WD
27 1990 Saab 9000
28 1990 Toyota 1-Ton Truck 2WD
29 1990 Toyota Truck 2WD
30 1991 Audi 80 Quattro
31 1991 Dodge Caravan/Grand Caravan 2WD
32 1991 Dodge Ram 50 Pickup 2WD
33 1991 Lexus ES 250
34 1991 Mitsubishi Truck 2WD
35 1991 Plymouth Voyager/Grand Voyager 2WD
36 1991 Toyota Camry
37 1991 Toyota Camry Wagon
38 1992 Acura NSX
39 1992 Dodge Caravan/Grand Caravan 2WD
40 1992 Dodge Ram 50 Pickup 2WD
41 1992 Jeep Cherokee 4WD
42 1992 Jeep Comanche Pickup 4WD
43 1992 Mitsubishi Truck 2WD
44 1992 Plymouth Voyager/Grand Voyager 2WD
45 1992 Saab 900
46 1992 Saab 900
47 1993 Dodge Ram 50 Pickup 2WD
48 1993 Dodge Stealth
49 1993 Jeep Comanche Pickup 2WD
50 1993 Mitsubishi 3000 GT
51 1993 Mitsubishi Truck 2WD
52 1993 Toyota Camry
53 1993 Toyota Camry Wagon
54 1994 Mazda B2300/B3000/B4000 Pickup 2WD
55 1994 Mazda MPV
56 1994 Mitsubishi Diamante Wagon
57 1994 Volkswagen Corrado SLC
58 1995 Kia Sportage 2WD
59 1995 Mazda MPV
60 1995 Toyota Tacoma 2WD
61 1996 Jeep Cherokee 2WD
62 1996 Nissan Truck 2WD
63 1996 Toyota Supra
64 1996 Volkswagen Jetta GLX
65 1997 Chrysler Concorde
66 1997 Chrysler New Yorker/LHS
67 1997 Dodge Intrepid
68 1997 Eagle Vision
69 1997 Kia Sportage 4WD
70 1997 Mercedes-Benz C36 AMG
71 1997 Nissan Truck 2WD
72 1997 Toyota Supra
73 1997 Toyota T100 2WD
74 1997 Volkswagen Jetta GLX

Eligble Cars were

1 1987 Buick Regal
2 1987 Cadillac Brougham
3 1987 Chevrolet Caprice
4 1987 Chevrolet G10/20 Van 2WD
5 1987 Chevrolet R10 Pickup 2WD
6 1987 Chevrolet T10 Blazer 4WD
7 1987 Chevrolet T10 Pickup 4WD
8 1987 GMC G15/25 Vandura 2WD
9 1987 GMC R15 Pickup 2WD
10 1987 GMC T15 Jimmy 4WD
11 1987 GMC T15 Pickup 4WD
12 1987 Jeep Cherokee/Wagoneer 4WD
13 1987 Jeep Comanche 4WD
14 1987 Nissan 300ZX
15 1987 Nissan 300ZX 2x2
16 1987 Oldsmobile Cutlass Supreme
17 1987 Porsche 911
18 1988 Alfa Romeo Milano
19 1988 BMW 3 Series
20 1988 BMW 3 Series
21 1988 Mercedes-Benz 260E
22 1988 Mercury Cougar
23 1988 Oldsmobile Cutlass Supreme Classic
24 1989 Alfa Romeo Milano
25 1989 Austin Rover Sterling
26 1989 BMW M3
27 1989 Chevrolet S10 Blazer 4WD
28 1989 Chevrolet S10 Pickup 4WD
29 1989 Dodge Caravan/Grand Caravan/Ram Van 2WD
30 1989 Ford Taurus Wagon V6 A/C
31 1989 GMC S15 Jimmy 4WD
32 1989 GMC S15 Pickup 4WD
33 1989 Mercury Sable Wagon V6 A/C
34 1989 Plymouth Voyager/Grand Voyager 2WD
35 1990 BMW 325i Convertible
36 1990 BMW 525i
37 1990 BMW M3
38 1990 Chrysler New Yorker Fifth Avenue/Imperial
39 1990 Chrysler TC By Convertible
40 1990 Ford Taurus Wagon
41 1990 Isuzu Pickup 2WD
42 1990 Mercury Sable Wagon
43 1991 Alfa Romeo 164
44 1991 BMW M3
45 1991 Ford Taurus Wagon
46 1991 Jeep Cherokee 2WD
47 1991 Mercury Sable Wagon
48 1992 Alfa Romeo 164
49 1992 Chrysler Imperial
50 1993 Acura Legend
51 1993 Alfa Romeo 164
52 1993 Buick Park Avenue
53 1993 Mitsubishi Diamante
54 1993 Oldsmobile Ninety-Eight
55 1994 Eagle Summit Wagon
56 1994 Ford LTD Crown Victoria
57 1994 Ford Thunderbird
58 1994 Isuzu Pickup 2WD
59 1994 Lincoln Lincolin Town Car
60 1994 Lincoln Mark VIII
61 1994 Mercury Cougar
62 1994 Mercury Grand Marquis
63 1994 Mitsubishi Expo
64 1994 Plymouth Colt Vista
65 1994 Volkswagen Passat
66 1994 Volkswagen Passat
67 1994 Volkswagen Passat Wagon
68 1994 Volkswagen Passat Wagon
69 1995 Eagle Summit Wagon
70 1995 Lincoln Mark VIII
71 1995 Mitsubishi Expo
72 1995 Volkswagen Jetta III GLX
73 1995 Volkswagen Passat
74 1995 Volkswagen Passat Wagon
75 1996 Chrysler Concorde
76 1996 Chrysler New Yorker/LHS
77 1996 Eagle Vision
78 1996 Mitsubishi 3000 GT Spyder
79 1996 Volkswagen Passat
80 1996 Volkswagen Passat Wagon
81 1997 Mercedes-Benz E420
82 1997 Toyota 4Runner 2WD
83 1997 Toyota T100 2WD
84 1997 Volkswagen Passat
85 1997 Volkswagen Passat Wagon
86 2004 Mazda RX-8


 

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