Originally Posted by baddog

http://articles.moneycentral.msn.com..._blg=1,1341914


The U.S. government is calling its Cash for Clunkers program a big success, with nearly 690,000 vehicles sold in July and August. But a report by automotive Web site Edmunds.com says the program actually cost taxpayers $24,000 per car sold.



Only 125,000, or 18%, of the sales were incremental, according to Edmunds.com -- the remaining 82% of sales would have happened regardless of the program.



The $24,000 is the price for the sales of vehicles that were a direct result of the program, Edmunds.com said.