Super Chevy Magazine Homepage Super Chevy
Facebook Click here to find out more!

 

$2.77 Billion Down The Drain

Many cool cars lost, too
Posted October 13 2009 07:53 AM by Jim Campisano 
Filed under: Super Chevy Comments, Chevy Small Block, Chevrolet Corvette

So it seems the final tally is in. The ill-conceived Cash For Clukers program fleeced the taxpayers of $2.77 billion dollars. That's billion with a "B," dear readers. Like the old saying goes, a few more bucks and you're talking serious money.        


According to a story in the Detroit Free Press, the most "clunked" vehicle was the truck that started the Sport Ute craze, the Ford Explorer. An amazing 69,887 of these monstrosities were turned in so perhaps the program was not a complete waste. Of course, outweighing this inadertant highway beautification program were the 131 Corvettes that were traded in and destroyed and (Buick lovers prepare to vomit) one '87 GNX (only 547 were produced). Other casualties to enthusiasts: 1 '92 GMC Typhoon, a 2006 Roush F-150 Stage 3 (supercharged), a Rolls-Royce Continental R, A Mercedes C43 AMG and a '97 Aston Martin DB7 Volante. 

Share This Share This

Reader Comments:

Add a Comment:   (Must Be Registered)
User Name
Password
Comment
User Name:
Password:
Join FREE Now!
Forgot Password?
Forgot User Name?
Remember Me
  • RSS Feed
    • Add to My Yahoo!
    • Add to Google
    • Subscribe on Bloglines
    • Subscribe on NewsGator
    • MyMSN
    • My AOL
    • Add to NetVibes
    • Add to Rojo
    • Add to NEWSBURST
    • Add to Technorati
    SUBSCRIBE TO OUR BLOGS


SEMA Show Live
PRI Trade Show
Get Adobe Flash player
Super Chevy