An easy $4,500 -- trade in clunker
To be qualified for this voucher, the trade-in cars must be:
• 1984 models or newer
• Drivable condition
• No more than 18 miles to the gallon
• Insured to the same owner for at least one year
The more gas mileage saved in the newer vehicle, the larger the voucher.
Months of lobbying by dealers, automakers, and unions have paid off. The $4 billion plan won support from Republicans and Democrats by 298-119.
This is a great strategy to spur demand for the struggling auto industry. The Congressional Budget Office stated that the Consumer Assistance to Recycle and Save (CARS) bill can boost auto sales by 625,000.
Being that fuel-efficient cars are expensive, the voucher will help ease this cost. Now you can "drive green" while saving money.