CASH FOR CLUNKERS 2021
Is Cash for Clunkers still going?
Fortunately, the current car buy back program pays cash for junk cars in ANY condition + a FREE tow! Find out your cars value in only 2 mins and get paid as quick as 24-72 hours!
If you are looking for the easiest and quickest way to sell your vehicle, call Cash For Clunkers. We not only pay cash for vehicles in ANY condition, but in some cases, are able to pick up that same day. Every day the value of that junker decreases… Call to get your no obligation top dollar offer TODAY!
The State of California Cash for Clunkers does provide a car buyback program (CAP) that is run and operated by the Bureau of Automotive Repair (BAR). However, there is strict criteria, and it can take up to 90 days for payment after application has been accepted. Learn more about the CAP program and how it works with the detailed information HERE.
How Cash for Clunkers 2021 program works
It really is easy! All that you need to do is call or fill out an anonymous form. We will then ask you a few easy and quick questions to make sure we are paying you the top cash for your car. Unlike the government program, we take any vehicle – all year, makes, models, and condition. You will receive a fair, upfront, cash offer!
Don’t worry if you can’t find the title and ownership paperwork – aka the ‘pink slip.’ We have a national vehicle database that enables us to verify ownership of the vehicle, saving you the headache, time, and cost of securing new ownership paperwork.
History of CASH FOR CLUNKERS
Car Allowance Rebate System (C.A.R.S)
Cash for Clunkers, which was officially known as Car Allowance Rebate System was a scrapping program that officially kicked off on the first of July 2009 and ended in August 2009.
‘Cash for Clunkers’ was initiated by the President Barrack Obama administration in June 2009. It provided a three billion cash incentive for United States Citizens who wished to trade in their old and less fuel conserving vehicles for newer and more fuel conserving vehicles.
To be eligible to receive credits (valued up to $4,500), there were certain conditions to meet.
What was the impact of Cash for Clunkers? Was it a Success?
According to those who were in strong support of the program, they argue that the program was a success. One of the main bases for their argument is that the program helped to stimulate the economy by replacing many cars that are fuel-inefficient with more fuel-conservative cars. Conversely, the program helped to cut down on pollution.
However, there are many who argue that the increased sales simply pulled ahead of future sales that would have taken place anyhow, resulting in a zero net gain at the cost of $3 Billion to the taxpayer!
The program also unintentionally drove up the prices on used cars (causing strain for the poor who could not buy new). Furthermore, critics argue that it was foreign manufacturers who won the lion’s share of new car sales and that a good portion of the new cars bought were actually fuel-inefficient SUVs and Crossovers.
Are we in for a Cash for Clunkers 2.0?
Well, it’s a real possibility with President Biden’s stance on electric vehicles and his outspoken interest in a rebate program to stimulate sales of electric vehicles manufactured in the United States.
For more information on the History of Cash for Clunkers continue reading HERE or to get an instant quote on your vehicle, contact Cash for Clunkers now!