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Most of the Cash allocated for Cash for Clunkers went to people that were going to buy a new car anyway.
RCR Stories did an interesting story on this topic:
https://youtu.be/HZAhq375Wmw
Multiple academic researchers studying the results of the regulation found the stimulus to be extremely minimal at best, at a high cost.
https://en.m.wikipedia.org/wiki/Car_Allowance_Rebate_System
In the end, it's yet another example of taxes used to enrich those at the top.
We had something similar to get people to by electric cars where I live. It was removed some years ago, and what I remember most from that is a woman on the news talking about how she just spontaneously bought a new car before the benefit went away, just because why not the benefit is going away soon might as well just buy a new car.