'Blue States' reportedly biggest winners in Cash For Clunkers
Political analysts are puzzled, as there is no clear-cut indicator to explain the findings. One has suggested that middle-class Americans in Blue States took advantage of the rebate, even if they weren't in the market for a new car. Another suggested that it was up to the dealers. "I know in Tennessee, dealers were pulling back, whereas in Illinois, the dealers were all gung-ho," said a democratic pollster. One significant deciding factor was credit. Mississippi (a red state) finished second from the bottom. "I'm sure there are a lot of people who would have loved to trade in, but in Mississippi, income and credit right now are the worst I've seen," said the general manager of a dealership in the state.
[Source: USA Today]
- Most and least efficient car companies
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models