House passes 'cash for clunkers' plan to boost car sales

The House on Tuesday approved a "cash for clunkers" bill that aims to boost new auto sales by allowing consumers to turn in their gas-guzzling cars and trucks for vouchers worth up to $4,500 toward more fuel-efficient vehicles.

[thetruthaboutyou]

where 2 go?

[tex5150]

Does anyone know where I can find an official site that lists all of the requirements for my trade in? I'd like to take advantage of this program, but I heard that the vehicle has to be insured and registered for at least one year previous. Anyone in the car industry on here? Any help would be appreciated.

[El Chorizo Vengador]

tex5150 wrote:

Does anyone know where I can find an official site that lists all of the requirements for my trade in? I'd like to take advantage of this program, but I heard that the vehicle has to be insured and registered for at least one year previous. Anyone in the car industry on here? Any help would be appreciated.

Yes. You must be the registered owner and must have owned the car for at least one year.

[mcr]

tex5150 wrote:

Does anyone know where I can find an official site that lists all of the requirements for my trade in? I'd like to take advantage of this program, but I heard that the vehicle has to be insured and registered for at least one year previous. Anyone in the car industry on here? Any help would be appreciated.

you can also visit www.fueleconomy.gov to see if your vehicle falls within the 18 mpg or less combined economy needed in order to qualify.