Tuesday, July 28, 2009

Cash for Clunkers Program

The government is offering a discount program for people who trade in cars for a new car which is more environmentally friendly. More information is available at Cash for Clunkers. The program is suppose to run until November but there has been so much interest that I heard on a TV program last night that it probably won't last that long unless they add more money to the fund. They are discussing adding funds to the program since there is so much interest.

The CAR Allowance Rebate System (CARS) is a $1 billion government program that helps consumers buy or lease a more environmentally-friendly vehicle from a participating dealer when they trade in a less fuel-efficient car or truck. The program is designed to energize the economy; boost auto sales and put safer, cleaner and more fuel-efficient vehicles on the nation's roadways.

Consumers will be able to take advantage of this program and receive a $3,500 or $4,500 discount from the car dealer when they trade in their old vehicle and purchase or lease a new one. Consumers you do not need to register anywhere or at anytime for this program. However, to find out eligibility requirements

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