Yes, I know it takes some kind of fuel to produce the new cars - but that's a one time use of fuel.
The program has my support - it's doing what it is supposed to! It's taking old, inefficient cars off the road and replacing them with more efficient models that reduce our gas consumption and the emissions going into the air.
Hyundai: Cash for Clunkers to improve fuel-economy by 59% - egmCarTech
Hyundai says that early statistics on the CARS program show an
average 59 percent gain in fuel-economy between the clunker and the new vehicle purchased. Hyundai estimates that individual
fuel consumption will decrease by 275 gallons per year, resulting in a reduction of fuel-costs by nearly $680 annually at current gas prices.
Additional statistics from the Hyundai sample prove further that the CARS program is truly removing ?clunkers? from the road. Eighty three percent of the initial trades take in a truck, SUV or van and 86 percent of the new vehicles purchased are passenger cars.
The average age of a trade-in model is nearly 14 years, and the average odometer reading is more than 140,000 miles. The average ?clunker? achieves about 16 miles per gallon according to EPA data, while the average new car sold under the program achieves more than 25 mpg.