The latest data shows an average 15.8 mpg fuel economy on traded-in models and 25 mpg on the new, replacement vehicles – an overall 9.2 mpg increase.
Thus far, 84 percent of trade-ins under the program are trucks and 59 percent of new vehicle purchases are cars. The most-popular new cars bought through the program all offer very good fuel economy, contributing to the significant fuel savings.
Have you traded in a clunker? Share your experience in our cash for clunkers forum
Build & Buy Car Buying Service
Save thousands off MSRP with upfront dealer pricing information and a transparent car buying experience.
Get Ratings on the go and compare
while you shop