In The Market For A New Vehicle? Here Are The Details Of The New CARS Credit Program

In The Market For A New Vehicle? Here Are The Details Of The New CARS Credit Program

Next month, the government will start handing out credits of $3,500 or $4,500 to owners who trade in low-mpg cars for higher efficiency models under the Car Allowance Rebate System (CARS), popularly called the “Cash for Clunkers” program. Here are the basic things you need to know to determine whether it’s worth it to you—and how to protect yourself from scammers.