In an effort to stimulate the sale of autos, the Cash for Clunkers program will provide up $3500 or $4500 of credit and depends the type of vehicle and the difference in fuel economy between your tade in and the new vehicle.
What do you think of this program? Will it do any real good? Vote now in this Short Survey
Some essential points of the program are :
a) Your vehicle must be less than 25 years old on the trade in date
b) Only purchase or lease of new cars will qualify
c) Generally, trade in vehicles must get 18 or less MPG (some very large pick-up trucks and cargo vans have different requirements
d) Trade in vehicles must be registered and insured continuously for the full year preceding the trade in
e) You don't need a voucher, dealers will apply a credit at purchase
f) Program runs through November 1, 2009 or when the funds are exhausted, whichever comes first
g) The vehicle which you are trading in is required to be destroyed. Therefore, the value that you negotiate with the dealer for your trade in is not like to exceed its scrap value. The law requires the dealer to disclose to you an estimate of the scrap value of your vehicle.
What do you think? Will it help? Take this very short survey and CAST YOUR VOTE
Read more at http://www.cars.gov/
Find out the rating of your car at fueleconomy.gov
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment