Cash for Clunkers Program:
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Yes they will!
Through a rebate system, this program helps individuals who have old cars with bad gas mileage by purchasing clunkers and giving rebates to the owners.
Why is the government doing this?
The Car Allowance Rebate System was initiated for a few reasons:
- Economic Growth
You may or may not agree with how this administration is feeding the economy with additional government spending, but this is one reason the U.S. Government has initiated Cash for Clunkers. By helping drivers by giving them money for their old beaters, that money gets recycled back into the economy when they go to purchase or lease a brand new car.
- Reduce Emissions
Older cars tend to have bad gas mileage, and a host of other problems. While it's possible to improve gas mileage in any vehicle following specific driving tips and maintaining your car, newer cars get far better gas mileage. As the Obama administration has expressed that reducing emissions is a top priority for our government, this is a big reason for this program
"Do I Qualify for Cash for Clunkers?"
There are guidelines laid out in the program which can be found on the Car Allowance Rebate System web site.- Your car must be 25 years old or younger,
- You car must get at most 18 MPG (vans and trucks have different guidelines),
"How Much Money Will I Get For My Clunker?"
The Car Allowance Rebate System is giving $3,500-$4,500 for each vehicle they accept into the program.Also, because your car will be scrapped, you'll get additional money for the worth of the scrap metal.
This is definitely a worthwhile program for anyone who wishes to get rid of their old beater and buy a new car with better gas mileage.
With a new, fuel efficient vehicle, and the use of helpful driving tips, gas money saving ideas, and car maintenance suggestions laid out on Improve Gas Mileage Guide, you'll be well on your way to getting the best gas mileage possible, saving you money and reducing your emissions.
If you're interested in Cash for Clunkers, you have to hurry. The program lasts until Nov. 1, 2009, unless funds run out first!
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