Glossary / General

Cash for Clunkers

8 Episode Mentions

Too Afraid to Ask

Cash for Clunkers was a program that gave people money to trade in their old cars for new ones. It helped people buy more fuel-efficient cars and aimed to help the economy during tough times.

Technical Definition

Cash for Clunkers was a government program in the United States that incentivized people to trade in older, less fuel-efficient vehicles for newer, more efficient ones. This program aimed to stimulate the economy during the 2008 financial crisis while also promoting environmental sustainability by reducing emissions from older cars.

Hear It Discussed

"The biggest misconception being the cash for clunkers government initiative, which frequently gets blamed for removing all the cheap used cars from the market. The fact is cash for clunkers lasted..."
Fire horse Smith and Sniff 39:44

"You know, we had cash for clumpkers. [2113.1s] It exploded new cars."
"Choose hard" — Finding Your Edge in Automotive Retail | David Spisak, Founder and CEO of DGS The Dealer Playbook 35:10

"...after the employee pricing for everybody ends or cash for clunkers or whatever. So essentially, everybody's running out to buy before these these incentives expire."
Is a Cheap Porsche Actually Cheap? SwitchCast 39:12