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2 years, 9 months ago

How to qualify for "Cash for clunkers" program?

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jrp | 2 years, 9 months ago
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The program was under funded, I would hurry before the program ends. The Congress may extend it according to this article
http://www.nytimes.com/2009/08/05/business/05clunker.html?hpw

The program
* It will offer no more than $4,500 to new car buyers.
* It will require the trade-in vehicle to be crushed (which means that owners will not collect any trade-in value.)
* Cars to be scrapped would have to have EPA combined fuel economy ratings of 18 miles per gallon or less, and the new vehicle purchased must earn better mileage.
* The participant must have owned the "clunker" for one year.

Below is list of elgible cars for the program.
http://www.edmunds.com/cash-for-clunkers/eligible-vehicles.html

Good Luck

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kareul | 2 years, 9 months ago
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You can qualify if you have a 6 cylinder car that is less than 25 year old....you can trade it in for a new car...you will get $3000 to $4500 when you trade it in. This money will come from the government.

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shinju | 2 years, 9 months ago
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The qualifications are listed on the Car Allowance Rebate System (CARS) website under "Important Things To Know."

Respectfully,
Shin
source(s):
Cash for Clunkers qualifications
http://www.cars.gov/

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countryrose | 2 years, 9 months ago
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The ideal vehicles the government considers clunkers and would like to give you cash to get rid of: the millions of mid 90's SUV's still on the road...along with fulll size pickup trucks from the 80's and 90s, many of which get only 13 mpg.

You can receive a voucher for $4,500 if your new car gets 10 miles more per gallon than your old car. If your new car gets between 2 and 9 miles per gallon more, then you qualify for a $3,500 voucher.

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