The Truth About Cash For Clunkers - Lauren Fix

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Uploaded by on Aug 2, 2009

Lauren Fix-The Car Coach and Capital Tonight YNN Newsroom discuss the Cash For Clunkers Program and it future. What are the real facts! Lauren gives ideas for a more successful program. Will the Senate pass $2B more to the program? Should the government get involvement and the Automotive industry and its sales? Lauren tell you!

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Autos & Vehicles

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  • omg quit blinking

  • jerm28v11

    the cars it removed were worth no more than 4500 dollars... or the people would have just sold them. They would have been a money hole that would cost anyone buying them more money than they were worth in no time.. think of it as a blessing.

  • Not to mention that it will impact the used car industry by removing cars that would otherwise be re-sold from the market, and it also screws with the used auto parts industry by removing a huge source for used parts because the traded in vehicles are destined to be crushed/shredded. STUPID program

  • This is quite interesting. I wish I could trade in my car.

  • Cash for Clunkers is a horrible counterproductive destructive program. It's similar to the Bastiat's "Broken Window Fallacy".

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