Destroyed working cars citizens could afford — Cash for Clunkers paid dealers to permanently scrap trade-in vehicles, wiping out the supply of affordable used cars.
Establishes the Consumer Assistance to Recycle and Save Program and authorises the voucher. Subsection (c)(2) and the regulations required by subsection (d) carry the destruction requirement: dealers must disclose "the best estimate of the scrappage value" of the trade-in, may retain $50 "for scrappage of the automobile", and the Secretary must "establish requirements and procedures for the disposal of eligible trade-in vehicles", including "the removal and appropriate disposition of refrigerants, antifreeze, lead products, mercury switches, and such other toxic or hazardous vehicle components PRIOR TO THE CRUSHING OR SHREDDING of an eligible trade-in vehicle". Records systems must be "appropriately updated on a timely basis to reflect the crushing or shredding of vehicles under this section and appropriate reclassification of the vehicles' titles."