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Cash For Clunkers

The Car Allowance Rebate System (CARS) is a new US Government program to help you pay for a new, more fuel efficient vehicle from a participating dealer when you trade in a less fuel efficient vehicle.  This Government initiative will give a real boost to the struggling US Auto Industry and hopefully make a significant reduction in green house gas emissions from cars in the longer term.

Depending on your old vehicle, you may be eligible to receive an incentive of up to $4,500.  Your old vehicle must have a higher MPG (miles per gallon) and the new vehicle you purchase must have a relatively low MPG which results in a overall MPG improvement.

So what are you waiting for – go on and trade-in your gas guzzler and take advantage of this once-off hand-out from the Government.

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