The government’s Cash for Clunkers rebate program offers a way to upgrade from a gas-guzzler to a vehicle with better gas mileage on the cheap, but it also opens the door for scammers to seize some five-finger discounts.
Today, Chrysler rolled out a new incentive plan that offers rebates of up to $4,500 on most new 2009 models, targeted at drivers contemplating trading in an older model under the government’s “cash for clunkers” program. So, how do Chrysler’s “Double Cash for Your Old Car” incentives add up? Well, basically… Deals = good. Cars = Bad. [Consumer Reports]
The Car Allowance Rebate System (CARS), popularly known as the “cash for clunkers” program, starts next month. Need help picking a suitably fuel-efficient car?
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.