Cash for Clunkers Program Approved by Government!
Tuesday, June 23, 2009
The Cash for Clunkers bill would allow consumers driving old vehicles to receive a voucher for up to $4500 to put towards the purchase of a new more fuel efficient vehicle.
The bill would improve environmental conditions and help position the US to be less dependent on foreign oil. According to the proposal consumers would get a $3500 voucher if they trade in a car that gets less than 18 mpg for a new car with mileage of at least 22 mpg. Vouchers of $4500 would be awarded if the new car gets at least 10 mpg more than the vehicle being traded in.
We've added a chart for reference (click chart to enlarge):
Please call us for more details or questions today as this offer will only be around
till November 1st, 2009!
Labels: Cash For Clunkers Bill, Fuel Efficient vehicles, Government and Auto News, Trade in Value
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