# Edmonds: Taxpayers Paid $24,000 per Cash-for-Clunkers Vehicle **URL:** \ **Category:** PolitiSUCK\ **Created:** [October 29, 2009, 6:56am UTC](https://forums.speedlife.net/t/edmonds-taxpayers-paid-24-000-per-cash-for-clunkers-vehicle/75470 "2009-10-29T06:56:03Z")\ **Posts on this page:** 5\ **Page:** 1
**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\ **Post date:** [October 29, 2009, 6:56am UTC](https://forums.speedlife.net/t/edmonds-taxpayers-paid-24-000-per-cash-for-clunkers-vehicle/75470/1 "2009-10-29T06:56:03Z")
[http://www.edmunds.com/help/about/press/159446/article.html](http://www.edmunds.com/help/about/press/159446/article.html) Wait… what? I was hoping they’d have a more detailed explanation on their site. If it’s not exact, or even if the number is off, that still sucks. inbeforewhydidntwegiveeachtaxpayer24K ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [October 29, 2009, 7:03am UTC](https://forums.speedlife.net/t/edmonds-taxpayers-paid-24-000-per-cash-for-clunkers-vehicle/75470/2 "2009-10-29T07:03:22Z")
This went into a little more detail about how Edmunds reached their figure. > **[Cash for Clunkers costs taxpayers $24,000 per car - Oct. 28, 2009](https://money.cnn.com/2009/10/28/autos/clunkers_analysis/?postversion=2009102909)** > > A total of 690,000 new vehicles were sold under the Cash for Clunkers program last summer, but only 125,000 of those were vehicles that would not have been sold anyway, according to an analysis released Wednesday by the automotive Web site... > In order to determine whether these sales would have happened anyway, [Edmunds.com](http://Edmunds.com) analysts looked at sales of luxury cars and other vehicles not included under the Clunkers program. > Using traditional relationships between sales volumes of those vehicles and the types of vehicles sold under Cash for Clunkers, [Edmunds.com](http://Edmunds.com) projected what sales would normally have been during the Cash for Clunkers period and in the weeks after. Not sure I believe that relationship theory works. Buyers of economy cars are being pinched much more than buyers of luxury cars during this economic crisis. ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [October 29, 2009, 7:07am UTC](https://forums.speedlife.net/t/edmonds-taxpayers-paid-24-000-per-cash-for-clunkers-vehicle/75470/3 "2009-10-29T07:07:02Z")
So they used a historical trend analysis to guess what sales for those months would have been in a typical year, along with sales of luxury cars that were selling for 10’s of thousands of dollars off. This isn’t a typical year. Far from it. I would assume their numbers are greatly inflated. ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [October 29, 2009, 7:10am UTC](https://forums.speedlife.net/t/edmonds-taxpayers-paid-24-000-per-cash-for-clunkers-vehicle/75470/4 "2009-10-29T07:10:56Z")
I think Edmunds should still to reviewing cars and listing prices. ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [October 29, 2009, 7:12am UTC](https://forums.speedlife.net/t/edmonds-taxpayers-paid-24-000-per-cash-for-clunkers-vehicle/75470/5 "2009-10-29T07:12:54Z")
Agreed. This reminds me of that column on ESPN that always ends up talking about politics :banghead: