Cash For Clunkers Bill Passed: Maryland Car Dealer Ready For Sales
The Cash for Clunkers program was approved last Friday thanks to overwhelming dealership support for the bill. Automotive dealerships local to the D.C. metropolitan area and the surrounding areas showed their support by making numerous phone calls to their congressmen urging them to vote for passing the bill.
Congress has allotted 1 billion dollars for the program, which will translate into about 250,000 cash vouchers for trade-in vehicles. The requirements for the cash voucher state that the trade-in vehicle must have a combined MPG of 18 or less and the buyer must purchase a vehicle with 18 mpg or more.
The vehicle purchased must also be brand new and have never been titled, manufactured less than 25 years before date of the trade-in, and have an MSRP of $45,000 or less.
Dealerships under the Preston Automotive Group umbrella have already announced their participation in the new program in hopes to get car buyers in the Maryland and Delaware areas out of their “clunkers.” Vehicles will become available for sale with the cash voucher starting July, 1 2009.The U.S. Department of Transportation will have 30 days to establish a detailed list of rules and regulations for the program.
Brent Durham, spokesperson for Preston Automotive, stated, “The new bill helps out dealerships and more importantly our customers. Someone who has been riding in a 15 year old gas guzzling SUV will now be eligible to get a up to a $4500 trade-in value on a new fuel efficient SUV!”
Vehicles that have been traded in will no longer be available for sale but instead they will be sold to recyclers or crushed.
The program is currently scheduled to be available from July 1, 2009 through October 31, 2009. Some manufacturers are allowing the cash voucher to be used as down payment for new models; Mazda is currently one of them. The Cash for Clunkers site is now in operation and gives details about the program as they become available.
To visit the cash for clunkers website please go to:
About Preston Automotive Group
Preston Automotive Group services the Delaware, Maryland, Virginia and Pennsylvania area with Chevrolet, Ford, Lincoln, Mercury, Mazda, Suzuki, Hyundai and Nissan brands. The auto group carries the largest selection of new and used cars. Additionally, the dealership services all makes and models, both imported and domestic cars with ASE certified and factory trained technicians. Preston Commercial Division also has Fully Certified Ford & Cummins Techs.
To learn more, visit http://www.prestonmotor.com/
- Contact Information
- Brent Durham
- Internet Marketing Manager
- Preston Automotive Group
- Contact via E-mail
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