Misc

Cash For Clunkers Program How It Works

As part of the U.S. Government stimulating the economy, they have set aside $1 billion to help boost new car sales and help prevent many in the auto industry from going out of business. This means that drivers looking to buy a new car can get anywhere from $3,500 to $4,500 off the price tag by trading in their old car (clunker) but even nice cars can be considered a "clunker" under the program.Here's How It Works:The Cash For Clunkers program or otherwise known as the CAR Allowance Rebate System (CARS) basically allows you to trade in your old car which gets lower fuel mileage for a new car that gets better fuel mileage at a discounted rate.

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