From what I can tell the CFC program worked about as it should have. People traded in old cars and bought new ones, reducing inventory on lots all over the country.

An unintended consequence is that it probably hurt used car dealers.

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[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.[SIGPIC]

..I also have a 427 Cobra replica with an aluminum chassis.