Cash For Guzzlers Bill Could Mean Big Business For Honda Cars

If the Cash for Guzzlers (or Cash for Clunkers) bill is signed into law this summer, it could mean big money for Honda dealerships across the country. A new website which provides information on the Cash for Guzzlers initiative has indicated that Honda is the clear consumer favorite, beating out Ford and Toyota.

Since the website launched about 1 week ago, Honda car models were the top inquiry for consumers interested in purchasing a fuel efficient car with the government’s proposed voucher program. The Honda models of interest were the Honda Accord, Honda Civic and Honda Fit, all three models have been named industry top picks by the automotive press for their fuel efficiency and overall value.

Read the full story at http://www.cashforguzzlers.net/government/honda-cars-top-pick-for-cash-for-guzzlers-program

The Cash for Guzzlers bill would allow consumers driving old vehicles to receive a voucher for up to $4,500 to put towards a new, more fuel efficient vehicle. The bill would help improve environmental conditions and position the US to be less dependent on foreign oil. More information for consumers is available at the recently established website for the Cash for Guzzlers bill, http://www.cashforguzzlers.net/

According to the proposal, consumers would get a $3,500 voucher if they trade in a car that gets less than 18 mpg for a new car with mileage of at least 22 mpg. Vouchers of $4,500 would be awarded if the new car gets at least 10 mpg more than the old. The Honda Accord, Civic, and Fit are all highly fuel-efficient cars. The Civic has a hybrid version which boasts an estimated 40 MPG city and 45 MPG highway.

Consumers who would like to learn more about which models qualify for the program can visit http://www.cashforguzzlers.net/qualifying-new-car-purchases and see the MPG ratings for all makes and models of qualifying cars.

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Carrie Valentine

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