Spices of Life

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The new government program called "Cash for Clunkers" are already showing big increase in car sales regardless some minor setback after putting into effect according to its implementation.

This program is intended for the struggling US vehicle industries which are currently affected by a worsening economic downtrend when few years back, the annual auto sales climbed to a historic level of 15 million which is considered the benchmark for sales record in more than a decade.

Moreover, it allows buyers to trade in an old vehicle not less than 25 years old, must be 1984 models or newer with a combined fuel efficiency of 18 mpg or less so you will be entitled to receive a trade-in rebate with values between $3,500 to $4,500 to put forward for a new more fuel efficient car.

So get ready to recycle and scrap your old car and make sure to check the list of the car eligible for the rebate as this program will be due to expire on Oct. 31.
Cash for Clunkers Eligible Vehicles

1 comments:

This is a great effort to push people into getting more fuel-efficient cars. The trade-in rebate is quite a large amount too, and would really help people to save with their car investments.