Clunkers For Cash Program
Cash for clunkers program was started to help out citizens with older more toxic fuel burning vehicles. Trading in these older vehicles for newer vehicles can help the environment because the newer vehicles emit less emissions harmful to the environment.
In order to receive the maximum of $4500 in the form of a rebate which your auto dealer can apply instantly once the paperwork is true you need to adhere to some of the requirements. This program helps the consumer and it helps the auto industry to get back on its feet from the devastation of the recent financial crisis.
Let me list some of the requirements that you'll need to follow to take advantage of this program. Your vehicle must be less than 25 years old at the time of the trade. The rebate program only applies to new vehicle quality. Your trade-in vehicle needs it get less than 18 miles per gallon. Some pickup trucks may have other requirements so be aware that these exist.
The purpose of this is the trade-in gas guzzlers and emission hogs for more fuel efficient and cleaner vehicles. Your trade-in vehicle must have been registered and insured for the last year. The program ends on November 1, 2009 or when the funds run out. You don't need a voucher to participate in the program because your dealer will file the paperwork.
However, dealers have been complaining that the government is slow getting back to them which ends up holding up your new car purchase. In order to be eligible for this program your trade-in vehicle needs to be scrapped but your dealer will take care of this. Note that the scrap value of your trade-in will be added to your rebate. This value is usually minimal.
The program seems to be a good idea if you fit the requirements. You may want to consider other alternatives because remember buying a new car even with this rebate will still put you in debt. Don't get mesmerized by the deal because six months from now if we have another financial crash the deal won't look so good when you have to make payments and you don't have a job. - 2368
In order to receive the maximum of $4500 in the form of a rebate which your auto dealer can apply instantly once the paperwork is true you need to adhere to some of the requirements. This program helps the consumer and it helps the auto industry to get back on its feet from the devastation of the recent financial crisis.
Let me list some of the requirements that you'll need to follow to take advantage of this program. Your vehicle must be less than 25 years old at the time of the trade. The rebate program only applies to new vehicle quality. Your trade-in vehicle needs it get less than 18 miles per gallon. Some pickup trucks may have other requirements so be aware that these exist.
The purpose of this is the trade-in gas guzzlers and emission hogs for more fuel efficient and cleaner vehicles. Your trade-in vehicle must have been registered and insured for the last year. The program ends on November 1, 2009 or when the funds run out. You don't need a voucher to participate in the program because your dealer will file the paperwork.
However, dealers have been complaining that the government is slow getting back to them which ends up holding up your new car purchase. In order to be eligible for this program your trade-in vehicle needs to be scrapped but your dealer will take care of this. Note that the scrap value of your trade-in will be added to your rebate. This value is usually minimal.
The program seems to be a good idea if you fit the requirements. You may want to consider other alternatives because remember buying a new car even with this rebate will still put you in debt. Don't get mesmerized by the deal because six months from now if we have another financial crash the deal won't look so good when you have to make payments and you don't have a job. - 2368
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Clunkers for cash program 2009 can help save you money or it can cost you a a lot of money. Discover how to qualify for the Clunkers for cash program 2009 and avoid its problems.
posted by Frank Potter at 8:52 AM
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