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“(Cash for Clunkers) also created some halo sales,” says Dave Fish, Ph.D. and vice president of Toledo-based Maritz.
Fish claims 87,158 people who went to dealerships seeking a Clunkers’ deal discovered their trade-in did not qualify but bought a vehicle anyway.
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Fish also notes the government’s final sales figure does not include consumers intending to buy without the stimulus, but signed up for the rebate when they found their trade-in qualified.
Taking those buyers into consideration, he says, the program drew some 135,842 additional sales than NHTSA reports.
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“The taxpayer paid the bill, but you can see the dividends paid in terms of the economic recovery, the impact on the environment and the whole supply chain – from dealer up to the manufacturer,” he says. “It met a social goal and a business goal.”
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Cash for Clunkers Impact Underestimated, Researcher Says
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Terrible failure with taxpayers footing the bill? Maybe not.
Fish claims 87,158 people who went to dealerships seeking a Clunkers’ deal discovered their trade-in did not qualify but bought a vehicle anyway.
-----
Fish also notes the government’s final sales figure does not include consumers intending to buy without the stimulus, but signed up for the rebate when they found their trade-in qualified.
Taking those buyers into consideration, he says, the program drew some 135,842 additional sales than NHTSA reports.
-----
“The taxpayer paid the bill, but you can see the dividends paid in terms of the economic recovery, the impact on the environment and the whole supply chain – from dealer up to the manufacturer,” he says. “It met a social goal and a business goal.”
-----
Cash for Clunkers Impact Underestimated, Researcher Says
-----
Terrible failure with taxpayers footing the bill? Maybe not.