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Stock Versus Scrap Rates for Used Cars Reveal Clunkers Still Popular

Published: April 12, 2013

RET_035From Energy Exchange, sources recognize an interesting trend that runs contrary to current administration preferences. The Obama administration’s firm stance against fuel-inefficient vehicles, now defined as any car running under 41.7 mpg, seems to be ineffective when looking at rates for what vehicles are sold or scrapped. Used buyers are more likely to buy a used SUV or pickup instead of a new one, so scrapping and scrapping incentive programs are not likely to result in the highest ROI possible on old clunkers, trade-ins, etc.

Read the full article on Energy Exchange>>

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