Will There Be a Revival of “Cash for Clunkers”?

A group of federal lawmakers is asking Congress to boost the sagging auto industry during the coronavirus pandemic. What hasn’t been determined is whether there will be a second version of “Cash For Clunkers,” an Obama-era federal program that provided financial incentives to consumers to replace their older, gas-guzzling vehicles with newer models.

The purpose of “Cash For Clunkers” was twofold: boost new car sales and protect the environment. The junk cars were brought to auto recycling facilities and junkyards, where they were destroyed so that they could not reenter the used car market. Gershow Recycling buys junk cars, shreds them and turns them into high-quality scrap products; it has also done its part in preserving the environment since 1964.
Roy LaHood, who oversaw the program while serving as President Obama’s transportation secretary, said the program was “widely popular,” with 700,000 cars being traded in between July 2009 and August 2009. However, U.S. Representative Debbie Dingell of Michigan says the program will not return. Adam Jonas, an auto industry analyst with Morgan Stanley, said a similar program is needed and pictured a program in which owners would receive “coupons” for their junk car; the amount of the coupon would be dependent on “several criteria,” such as family income, the car’s fuel economy, sustainability and the percentage of the vehicle’s parts made in the U.S.
You don’t have to wait for a federal program to get paid for your unwanted vehicles. Gershow will come to you and get rid of your car for free. It’s that easy! There is no need to wait for a government stimulus check — Gershow will pay you on the spot, so you will have money in your pocket immediately. If you want to get money for your junk car, call (631) 371-2031 or visit clunkersintocash.com.

RESOURCES:
https://www.autonews.com/suppliers/lawmakers-may-seek-auto-aid-no-cash-clunkers-dingell-says?utm_source=daily&utm_medium=email&utm_campaign=20200506&utm_content=hero-headline
https://www.autonews.com/used-cars/could-clunkers-20-work-better
https://www.barrons.com/articles/get-ready-for-mega-cash-for-clunkers-morgan-stanleys-adam-jonas-says-51587295800
https://www.motortrend.com/news/cash-for-clunkers-revival-2020-car-deals/

One Reply to “Will There Be a Revival of “Cash for Clunkers”?”

Leave a Reply

Your email address will not be published. Required fields are marked *


The reCAPTCHA verification period has expired. Please reload the page.

Long Island Cash for Junk Cars

Servicing Long Island
View Locations

We Want Your Junk Car

Accepting Cars in
Any Condition

Get Money for Your Old Junk Car

Get the Best Value
for Your Car

Free Tow Truck for Your Junk Car

Free Pick-Up
Towaway

Get Cash for Your Old Car

Instant Payment
in CASH

We are very proud of all of our highly rated reviews and customer feedback.

Smooth operation, friendly employees
Response from the owner:Thanks for the awesome review about our services, Mark. We’re so pleased to hear your kind words, I’ll make sure to pass on your encouraging words. Enjoy your day!
Was a smooth transaction gave me the best price . The tow company came on time. The driver was very professional and very courteous ☆☆☆☆☆
Response from the owner:Thanks for the awesome review about our services, Steven. We’re so pleased to hear your kind words, I’ll make sure to pass on your encouraging words. Enjoy your day!
Ease of arranging car pick up was good. I did call the number given to me in the follow up to accept my offer and it took a few calls to the main number to get someone to call me back. Neal’s towing was assigned to do my pickup which was scheduled for between 10am and 12 Pm. At 1:40 I called the towing company they said he was running behind. The tow did not come until after 4 pm! The driver apologized for the delay , I received my payment in cash and my car was loaded on the tow! Would use again but would have appreciated someone from either company to call and keep me informed of the delay.
First time here very easy ... Massive operation and I was in and out in less than 10 minutes with cash in hand.. got rid of 400 lb of steel from an old shed.
Response from the owner:Thanks for the awesome review about our services, Glen. We’re so pleased to hear your kind words, I’ll make sure to pass on your encouraging words. Enjoy your day!
Everyone was extremely courteous & most helpful. Tow was on time & made the pick-up stress free. Thank u for an easy transition.
Response from the owner:Thanks for the awesome review about our services, Jean. We’re so pleased to hear your kind words, I’ll make sure to pass on your encouraging words. Enjoy your day!
Professional and got the job done quickly
Response from the owner:Thanks for the awesome review about our services, Marie. We’re so pleased to hear your kind words, I’ll make sure to pass on your encouraging words. Enjoy your day!
js_loader
© 2025 All Rights Reserved. ClunkersIntoCash.com
We pay cash for your old & unwanted junk car or truck.
ClunkersIntoCash.com is a division of Gershow Recycling.
This website is designed and developed by The Public Relations and Marketing Group.