Clean Cars for All?

[H2O MAN]

Remember Cash for Clunkers? The 2009 government boondoggle that scrapped nearly 700,000 perfectly good cars in the name of “stimulating the economy” and “cleaning the air”? It ended up wrecking the used car market, punishing low-income drivers, and enriching automakers who were already bailed out by taxpayers.

 

[rockyfatcat]

right now the entry price of a good reliable beater is right at 5k. If they are paying 12k to get them off the road, what will be the market price of a good first car for a new driver?

 

[Lightning8]

I assumed it was just a matter of time before they offered a bounty on traditional ICE vehicles to incentivize (force) Americans into EVs.