Call it a predictable but unintended consequence (at least one assumes it's unintended) but a year after the government's highly touted Cash For Clunkers program, supply is down, prices are up, and the losers are those who can least afford it.  As reported by Edmunds Daily: Car buyers on average paid $1,800 more for a used vehicle in July than they paid a year ago at this time, according to Edmunds.com data. That's a 10.3 percent increase, bringing the average cost of a 3-year-old vehicle to $19,248. "A lack of confidence in the economy is driving more people to used cars, putting upward pricing pressure on a limited supply of vehicles," said Joe Spina, a senior analyst for Edmunds.[...] Spina said that at this time last year, a troubled economy had consumers buying less expensive fuel-efficient vehicles and trading in "gas guzzlers" through Cash for Clunkers (formally known as the Car Allowance Rebate System). "Now, those who need trucks...(Read Full Post)