Posts Tagged ‘cash for clunkers’

Cash for clunkers rules released

Sunday, July 26th, 2009

Rules have been released for the cash for clunkers program known as C.A.R.S. Cash Allowance Rebate System

  1. Car must be less then 25 years old
  2. Car must have been insured and registered for the last year
  3. Combined Milsage must be 18 MPG or less
  4. Replacement car must be new
  5. You get $3500 if new car get 4 to 9 miles better MPG and $4500 if it get 10 miles MPG better or more
  6. 1 credit per person
  7. trade in must be scrapted
  8. New car must cost less then $45,000
  9. program end November 1st or when Cash runs out

Beware of scammers try to get you personal info.

vist the offical goverment site for more info cars.gov

Check if your car is eligible www.fueleconomy.gov

Cash for Clunkers – Consumer Assistance to Recycle and Save act (CARS)

Monday, March 23rd, 2009

To reduce dependence on foreign oil and provide incentives to registered owners of high polluting automobiles to replace such automobiles with new fuel efficient and less polluting automobiles the house has introduced HR 1550 to provide up to $5000 for purchase of a new fuel efficient vehicle $4000 for a passenger automobile assembled in the US that get 27 miles a gallon or better and $500O if 30 miles per gallon or better. This should be a hugh help to the auto industry if it passes

You can watch the progress of the bill here Consumer assistance to recycle and save act