So far, auto buyers in the U.S. have signed contracts to trade in 358,851 clunkers for new vehicles, stimulated in large part by government rebates of up to $4,500.
AP reports that most of the trade ins have been pickups/SUVs. And what are they driving ff the lots in exchange?
1. Toyota Corolla
2. Honda Civic
3. Ford Focus
4. Toyota Camry
5. Toyota Prius
6. Hyundai Elantra
7. Ford Escape (front-wheel-drive)
8. Honda Fit
9. Nissan Versa
10. Honda CR-V (four-wheel-drive)
Interestingly, there are 3 Hondas, 2 Fords, 2 Toyotas — but no General Motors or Chryslers on the list . . .
Top 10 vehicles bought by people trading clunkers
Associated Press, August 18, 2009
“Cash for Clunkers” Sales on the Rapid Decline
Edmunds.com, August 18, 2009