Should You Trade in That Clunker?

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The federal government’s Cash for Clunkers program officially began today, but the ridiculous car dealership ads encouraging you to “get rid of that old jalopy” have been airing for some time now:

 

Nevermind that the Model T shown above gets better gas mileage than many of Detroit’s newest offerings. With so much Madison Avenue labor dedicated to trashing old cars, you could be forgiven for feeling a bit of an econundrum: Buy a new car with lower emissions? Or don’t, and save the energy needed to manufacture it? Last year, we looked into the question and came up with this rule of thumb: If your car gets more than 25 mpg and you don’t drive much, you’re better off keeping it instead of buying something more efficient. Fortunately, Cash for Clunkers only allows trade-ins for cars that get less than 18 mpg. Does that make the program the best use of government money? Probably not, but compared to a lot of other subsidies to banks and automakers, it’s not all that bad.

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THE TRUTH IS...

what drives Mother Jones' team of 50-plus journalists. The truth is powerful, as evidenced by how hard those with something to hide, or profit to gain, seek to discredit it. The truth, stated boldly and reported meticulously, is what draws so many readers to Mother Jones.

And the truth is, going into the final 4 days of the year we still needed to raise $TK to hit our $350,000 goal and start 2021 on track. It's nerve-wracking, wondering if the big spike we normally see at the end of December is going to be another thing that doesn't go as planned in 2020, or worse, if, now that Donald Trump is set to leave the White House (for longer than a taxpayer-funded golf trip to a property he owns), folks might be pulling back from fighting for the truth and a democracy and think the hard work is done.

It's not, and if you can right now, please consider a year-end donation to support our team's fearless nonprofit journalism so we can close that big fundraising gap and finish the year strong, ready for all that's ahead in 2021. Whether you can give $5 or $500, it all matters in keeping us charging hard, and we'd be grateful.

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