CARS BLOGS
CARS BLOGS
category: cars
04 Aug 2009

The cash for clunkers program or the CAR Allowance Rebate System (CARS) is:

“a $1 billion government program that helps consumers buy or lease a more environmentally-friendly vehicle from a participating dealer when they trade in a less fuel-efficient car or truck. The program is designed to energize the economy; boost auto sales and put safer, cleaner and more fuel-efficient vehicles on the nation’s roadways.”

Consumers can trade in their car for a credit of $3,500 or $4,500, depending on the car traded and how “green” your new one is.

Read more to find out if you qualify.