Carmax Pushes for Inclusion of Used Cars in Cash for Clunkers Bill
Carmax Inc. has vouched to help urge Congress to include used cars in the “Cash for Clunkers” proposals. By including used vehicles, this legislation is better positioned to promote fuel efficiency, save jobs, and help more Americans afford a car. One legislative proposal that does include used cars is S. 247, sponsored by Senators Feinstein, Schumer, and Collins.
“More people will be able to participate in the program, more jobs will be saved, and more fuel-efficient vehicles will end up on the road by including used vehicles,” said Tom Folliard, president and chief executive officer. “Excluding this segment of the auto industry could potentially have a negative impact on millions of American workers and thousands of U.S.-based businesses. Nationally, used car sales outnumber new car sales nearly 3 to 1.”
Including used vehicles in the legislation will have the following benefits:
- Help More Americans Afford to Buy a Car
- Save More American Jobs
- Increase the Number of Eligible Fuel-efficient Cars on the Road
(Source) Press
Tags: auto industry, carmax, carmax inc, congress, fuel efficiency, fuel efficient cars, fuel efficient vehicles, jobs, legislation, legislative proposal, new car sales, proposals