Friday, August 14, 2009

"Cash for Clunkers", government incentive to recycle your ride!



The Car Allowance Rebate System (CARS) better known as "Cash for Clunkers" is the government's new vehicle trade-in program. You can get from $3.500 to $4.500 for your old car when you trade it in for a smaller more economic vehicle.

To be eligible for the program, you must trade-in a vehicle that meets the following criteria:

• Must have been manufactured less than 25 years before the date you trade it in
• Must have a "new" combined city/highway fuel economy of 18 miles per gallon or less
• Must be in drivable condition and
• Must have been continuously insured and registered to the same owner for the full year preceding the trade-in

Note: For some transactions, work trucks (very large pickup trucks and cargo vans) only qualify if they are 2001 model year or earlier.

Further information can be found on http://www.cars.gov/

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