C.A.R.S. ended Monday night and the numbers are in. At first blush, things look positive.

First, 690,114 vouchers were submitted asking for $2.877 billion (just under the program's $3 billion limit). There was also $100 million used for administration costs (as Autoblog calculates, about $144 for every claim processed) and there is $23 million or so left over. Flash analysis by the White House Council of Economic Advisers says the program boosted economic growth in the 3Q by 4/10ths of a percent and created or saved 42,000 jobs that still remain, at least for the near future.

How did the overall fuel economy change because of the new 700,000 vehicles on the road? Only two of the top 10 vehicles purchased were from the Big Three – the Ford Focus FWD came in fourth and the Ford Escape FWD was tenth – while the Toyota Prius was seventh. In fact, the Big Three got less of a boost from Cash For Clunkers than would be expected given their market share. Only 38.6 percent of the vehicles sold through C.A.R.S. were Ford, GM or Chrysler models but their market share through July this year was 45.3 percent.

The top three vehicles sold using C.A.R.S. were the Toyota Corolla, Honda Civic and Toyota Camry. As for the vehicles being clunked, every single one of the top ten were big honkers from the Big Three: Explorers, F-150s, Blazers, etc. This resulted in an overall fuel economy increase of 58 percent. The clunkers averaged 15.8 mpg; the new vehicles averaged 24.9 mpg. You can find out detailed numbers, including rebate requests by state, after the jump.

The next big question: how will auto sales fare in September?

[Source: Detroit News, Automotive News (subs req'd), Michigan Radio, Autoblog]
Photo by dno1967. Licensed under Creative Commons license 2.0.




C.A.R.S. Program Statistics

Dealer Transactions

Number Submitted: 690,114
Dollar Value: $2,877.9M

Top 10 New Vehicles Purchased

1. Toyota Corolla
2. Honda Civic
3. Toyota Camry
4. Ford Focus FWD
5. Hyundai Elantra
6. Nissan Versa
7. Toyota Prius
8. Honda Accord
9. Honda Fit
10. Ford Escape FWD

New Vehicles Manufacturers

Toyota 19.4%
General Motors 17.6%
Ford 14.4%
Honda 13.0%
Nissan 8.7%
Hyundai 7.2%
Chrysler 6.6%
Kia 4.3%
Subaru 2.5%
Mazda 2.4%
Volkswagen 2.0%
Suzuki 0.6%
Mitsubishi 0.5%
MINI 0.4%
Smart 0.2%
Volvo 0.1%
All Other <0.1%

Top 10 Trade-in Vehicles

1. Ford Explorer 4WD
2. Ford F150 Pickup 2WD
3. Jeep Grand Cherokee 4WD
4. Ford Explorer 2WD
5. Dodge Caravan/Grand Caravan 2WD
6. Jeep Cherokee 4WD
7. Chevrolet Blazer 4WD
8. Chevrolet C1500 Pickup 2WD
9. Ford F150 Pickup 4WD
10. Ford Windstar FWD Van

Vehicles Purchased by Category

Passenger Cars: 404,046
Category 1 Truck: 231,651
Category 2 Truck: 46,836
Category 3 Truck: 2,408

Vehicle Trade-in by Category

Passenger Cars: 109,380
Category 1 Truck: 450,778
Category 2 Truck: 116,909
Category 3 Truck: 8,134

84% of trade-ins under the program are trucks, and 59% of new vehicles purchased are cars. The program worked far better than anyone anticipated at moving consumers out of old, dirty trucks and SUVs and into new more fuel-efficient cars.

Average Fuel Economy

New vehicles Mileage: 24.9 MPG
Trade-in Mileage: 15.8 MPG

Overall increase: 9.2 MPG, or a 58% improvement

Cars purchased under the program are, on average, 19% above the average fuel economy of all new cars currently available, and 59% above the average fuel economy of cars that were traded in. This means the program raised the average fuel economy of the fleet, while getting the dirtiest and most polluting vehicles off the road.

Requested Voucher Dollar Amount by State:

ALABAMA
$31,251,500

ALASKA
$4,868,500

ARIZONA
$39,542,500

ARKANSAS
$23,402,500

CALIFORNIA
$326,822,000

COLORADO
$37,676,500

CONNECTICUT
$40,114,000

DELAWARE
$11,235,000

DISTRICT OF COLUMBIA
$67,500

FLORIDA
$146,565,000

GEORGIA
$70,496,000

GUAM
$675,000

HAWAII
$7,333,500

IDAHO
$11,655,000

ILLINOIS
$143,613,000

INDIANA
$65,797,000

IOWA
$37,728,000

KANSAS
$31,496,500

KENTUCKY
$40,246,500

LOUISIANA
$33,376,500

MAINE
$16,579,500

MARYLAND
$74,903,000

MASSACHUSETTS
$64,855,000

MICHIGAN
$132,407,500

MINNESOTA
$73,160,500

MISSISSIPPI
$12,463,500

MISSOURI
$61,271,500

MONTANA
$6,461,000

NEBRASKA
$21,784,500

NEVADA
$14,582,000

NEW HAMPSHIRE
$23,045,500

NEW JERSEY
$103,375,500

NEW MEXICO
$13,941,500

NEW YORK
$156,292,000

NORTH CAROLINA
$78,601,500

NORTH DAKOTA
$8,938,000

OHIO
$136,267,000

OKLAHOMA
$37,422,000

OREGON
$37,531,500

PENNSYLVANIA
$138,651,500

PUERTO RICO
$2,252,000

RHODE ISLAND
$10,690,500

SOUTH CAROLINA
$37,207,500

SOUTH DAKOTA
$10,367,500

TENNESSEE
$50,949,000

TEXAS
$183,776,500

UTAH
$24,102,500

VERMONT
$9,879,000

VIRGIN ISLANDS
$1,553,000

VIRGINIA
$98,523,500

WASHINGTON
$55,927,500

WEST VIRGINIA
$13,477,000

WISCONSIN
$70,165,000

WYOMING
$2,513,000