Posts Tagged 'trucks'

Cash For Clunkers becomes law – but watch out for scams

President Obama signed the Cash For Clunkers bill today, which gives gas hog owners the chance to convert their old rides into government cash vouchers up to $4,500. It goes into effect in 30 days under the direction of the Transportation Department and will be effective for the rest of the year.

But look out. Officials are already warning folks of scams
that suggest you have to “sign up” to participate.

…be wary of any site that says you have to register to participate in the program, or asks you for any personal information. NHTSA reminds consumers, “You do not need a voucher and you are not required to sign up or enroll in this program. Participating new car dealers will apply a credit, reducing the price you pay at the time of your purchase or lease, provided the vehicle you buy or lease and the vehicle you trade in meet the program requirements. The dealer will then obtain reimbursement from the government.”

via Cash for Clunkers News – U.S. News Rankings and Reviews.

Check out Iwanna’s local car dealer inventories here.

Cash for Clunkers: More incentives for car buyers

Cash for Clunkers

New incentives are moving through Congress to help stimulate new car sales, including the “Cash for Clunkers” program now being discussed in the House. This is on top of the tax incentives for new car purchases mentioned here earlier.

Under the plan, consumers can turn in cars or light-duty trucks that get less than 18 miles a gallon. If they buy cars that have “window sticker” mileage ratings of at least four miles a gallon more than their old cars, they will receive a voucher worth $3,500. If they buy cars that get at least 10 miles a gallon more than their old car, they receive $4,500.

via Congress Close on ‘Cash for Clunkers’ – Wheels Blog – NYTimes.com.


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