Congress has passed legislation that would give car
buyers a $3,500 or $4,500 voucher for trading in an
old, inefficient vehicle for a new, more-efficient
one between July 1 and November 1, 2009! |
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Current Status
The "Cash for Clunkers" legislation has passed the
House and Senate and the President has signed the
legislation. |
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Who can I contact
with questions?
markking@mooredeals.com |
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Does My Clunker
Qualify?
To qualify, your trade-in vehicle must:
- Be in drivable condition
- Have been continuously insured consistent with
State laws and registered to you for at least one
year immediately prior to trade-in
- Be manufactured less than 25 years before the
date of the trade-in
- Have a combined MPG of 18 or less (this does
not apply to category 3 trucks---defined below)
- MPG requirements for 1985 model year vehicles
and newer are based on the Combined "New EPA MPG".
|
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How Much Cash Can I
Get?
The incentive amount depends upon the kind of
vehicle you want to purchase, its MPG relative to
your trade-in vehicle, and in some cases, the kind
of vehicle you are trading in. |
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How do I
participate in this program?
You can participate in this program by purchasing a
new vehicle from a participating new car dealership.
The incentive amount will be applied to the new
vehicle purchase price or lease price rather than
sent to you. |
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Can I combine this
with other incentives?
Yes. You can combine this with other State and
Federal incentives, such as the hybrid vehicle
credit as well as manufacturer incentives which may
include interest rate and rebate incentives. |
