A minor error, but the Ritholtz link is to the top 10 most popular new cars purchased through trading in a clunker, not the top ten clunkers used as trade-ins.

that's what i meant -- wording error.

It seems to me this 3 billion did more to stimulate the economy than the entire 173 billion AIG got. Or did AIG open a factory or two somewhere with that money and I just missed it?

In order to maximize the rebate, you had to trade in for a car that got at least 10 miles per gallon better than the vehicle you were trading.

I offered a Plymouth minivan that got 18 miles per gallon, meaning that I had to buy a car that got at least 28 miles per gallon in combined city/highway driving to get the full $4500 rebate.

And who makes most of the cars that get that kind of mileage? The Japanese and Koreans.

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And who makes most of the cars that get that kind of mileage? The Japanese and Koreans.

-- essmeier

...In their U.S. factories. ;)

How Many Anti-Government Handout Types ...

Took advantage of this government handout?

-- thorin01

I would guess almost exclusively. One, they were most likely to own a gas-guzzling clunker, two, they tend to believe in taking advantage of government largesse whereever possible as they only dislike other people taking advantage of their tax dollars, rather than having a strictly principled stand on the matter.