Cash For Clunkers Program 2009 – What The Public Needs To Know
The United States Government has recently released the “Cash For Clunkers” program, 2009. There has been some confusion as to how to go about claiming the $4,500 check.
First of all, there is no “$4,500 check”, at least not one the public will ever see. The entire transaction must be done at the dealership, and if the transaction qualifies, the dealership will receive the sum direct from the government.
According to USAToday.com, in order to take advantage of the offer, the individual making the purchase must fulfill two requirements:
1) Must have a trade-in that has been registered and in use for at least a year, and has a federal combined city/highway fuel economy rating of 18 or fewer miles per gallon.
2) Must buy a new car priced no higher than $45,000 and must have a MPG rating of at least: 4 MPG higher than the trade-in to get $3,500 or 10 MPG higher than the trade-in to get $4,500.
The finale consumer must still worry about the traditional “new-car-purchase” hassles such as getting insurance quotes and getting financing approved, for useful resources on maximizing your Cash For Clunkers stimulus head over to http://www.katyautocentral.com/2009/07/news/cash-for-clunkers-program-2009-resources-buyers-will-need/
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