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August 20th, 2009

Latest Cash for Clunker Numbers Are In



Here is a random assortment of some of the latest Cash for Clunker numbers/statistics:

  • 167,000 of the 457,476 repayment requests made by dealers have been “handled”, according to the U.S. Dept. of Transportation (DOT).
  • 37% of the C4C applications have been processed.
  • So far, C4C has generated $1.91 billion in transactions.
  • The number of individuals processing the trade-in applications has risen to 1,000, up from less than 200 when C4C first began.

We know some of you are getting, or are, sick and tired of reading about Cash for Clunkers, but some hard figures are always nice to have.

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HSH.com's daily blog focuses on the latest developments in the mortgage and housing markets. Our mission is to relate how changes in mortgage rates and housing policy, as well as the latest financial news, impacts consumers, homebuyers and industry insiders alike. Our 30-plus years of experience in the mortgage industry gives us an edge as we break down the latest changes in an ever-changing market.

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Tim Manni

Tim Manni is the Managing Editor of HSH.com and the author of their daily blog, which concentrates on the latest developments in the mortgage and housing markets.

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