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The Car Allowance Rebate System ( CARS ), colloquially known as " cash for clunkers ", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel-efficient vehicle when trading in a less fuel-efficient vehicle. The program was promoted as a post-recession stimulus ...
Vehicle recycling or automobile scrapping is the dismantling of vehicles for spare parts. At the end of their useful life, vehicles have value as a source of spare parts and this has created a vehicle dismantling industry. The industry has various names for its business outlets including wrecking yard, auto dismantling yard, car spare parts ...
Old cars rusting away A scrapyard in the UK, showing cars stacked on metal frames to make it easier to find and remove useable parts. Crushed cars stored at a scrapyard. A wrecking yard (Australian, New Zealand, and Canadian English), scrapyard (Irish, British and New Zealand English) or junkyard (American English) is the location of a business in dismantling where wrecked or decommissioned ...
Actual cash value (ACV) ACV is used to determine how much of a payout you will receive for a totaled vehicle. It is determined by the replacement cost of your vehicle minus depreciation, which ...
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Renault Dauphine (North American version) (1956–67) While the Renault Dauphine was a major sales success in Europe, where it is seen as one of the forerunners of the modern economy car, it received a very strong negative reception in the United States, largely for its poor performance and poor reliability.
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