If you are a car buyer the good deals may still be there if your have a clunker to trade.
All those clunkers were scrapped which has meant a shortage of used cars. That translates to good news if you're hoping to make a trade.
Contrary to its name, it's not always “Cash for Clunkers.” Sometimes it's cash for perfectly good cars.
The clunkers will be destroyed instead of going to a used car lot.
New car dealers traditionally rely on trade ins to populate their used car lots. With a shrinking used car inventory, this may be a great time to trade whether your car would have qualified as a clunker or not.
If you are looking for a used car, this may not be a good time to buy with inventories low and prices up.