Publication Date


Document Type


First Advisor

West, Tim

Degree Name

B.S. (Bachelor of Science)

Legacy Department

Department of Accountancy


The Consumer Assistance to Recycle and Save (CARS) program, more commonly referred to as "Cash-for-Clunkers", was created to stimulate the economy and to have more fuel-efficient cars on our nation's roadways. In the summer of 2009, in what may turn out to be the worst period of the housing/credit crisis related recession; the Federal Government appropriated a total of $2.88 billion in vendor rebates for the purchase of new fuel-efficient automobiles with the trade-in to be destroyed. The goal of my research is to examine how the Cash-for-Clunkers program impacts different groups of people, from the family buying a new car to the U.S. and Foreign automobile manufacturers. I also examine the first-level of indirect groups, such as used car buyers and the U.S. taxpayer. Finally, I describe whether or not the goals of the Cash-for- Clunkers program were met.


23 pages




Northern Illinois University

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