The fickle nature of the American consumer is on obvious display in car dealerships across the country right now. With the government sponsoring a giant garage cleaning through the CARS ("cash for clunkers") program, people are taking old vehicles and turning them into new ones, with a fancy $4,500 check attached. Now that CARS has been active for a short while, early numbers are in: the trucks and SUVs that were so incredibly popular just a few years ago are being dumped by the thousands for smaller, more efficient vehicles.

According to Autobytel.com, which is basing their findings on which vehicles are being searched for, the Top Ten list of clunkers being traded in is made up only of large trucks, save for a minivan, the Dodge Grand Caravan, in eighth place. Whether or not these ten vehicles are the one most often actually being taken to the dealers, it's likely that the reality is at least similar. Last week, Hyundai said that 83 percent of the vehicles being traded in are trucks, SUVs or vans and 86 percent of the new vehicles being bought are passenger cars.

CARS is proving popular. As of 10 a.m. this morning, the $1 billion fund had an estimated $779 million left for all vehicles (except for CAT3 trucks). Read more recent news about CARS here and here.

[Source: USAToday]
Photo by dno1967. Licensed under Creative Commons license 2.0.




Autobytel.com's list:
  1. Ford F-Series
  2. Ford Explorer
  3. Chevrolet C/K/Silverado
  4. Jeep Grand Cherokee
  5. Dodge Ram
  6. Chevrolet Blazer
  7. Jeep Cherokee
  8. Dodge Grand Caravan
  9. Dodge Dakota
  10. Ford Ranger