Monday, July 13, 2009

Top Questions about Cash For Clunkers!


Here are some of the top Q&A's about Cash for Clunkers. If there is anything that you would like to know, check the Cars FAQs link on the right...or contact me and I will see what I can do to have your Question answered!...

What is the Car Allowance Rebate System?
The Car Allowance Rebate System is a new program from the government that will help you pay for a new, more fuel efficient car or truck from a participating dealer when you trade in a less fuel efficient car or truck.

What is NHTSA doing to implement the program?
As required under the law, NHTSA will publish rules for the program in 30 days. We are currently working closely with manufacturers, dealers, and disposal facilities to get a workable, effective program up and running.

Do I need to get a voucher or sign up for this program?
No. You do not need a voucher and you are not required to sign up or enroll in this program. Participating new car dealers will apply a credit, reducing the price you pay at the time of your purchase or lease, provided the vehicle you buy or lease and the vehicle you trade in meet the program requirements. The dealer will then obtain reimbursement from the government.

How do I find out when my vehicle was manufactured?
The month and year of manufacture (e.g., 1-96 (January 1996)) appear on the safety standard certification label that is located on the frame or edge of the driver's door in most vehicles.

How do I find out the combined city/highway fuel economy rating of my trade-in vehicle? Go to http://www.fueleconomy.gov/feg/sbs.htm and click on the model year of your vehicle, the make, and then the model. Under the words "ESTIMATED NEW EPA MPG" in the red banner, there is a red number with the word "COMBINED" under it. That is the new combined city/highway fuel economy for your vehicle. You may then enter the make, model, and model year of a new vehicle you may want to buy and see its combined MPG for comparison.

Does the program apply if I want to lease a vehicle, or must I purchase a vehicle?
Under the program, you may purchase a new vehicle or lease a new vehicle, provided the lease period for the new vehicle is at least five years.


More information will be coming as soon as it comes in...I will ensure that this site has the most up to date info that it can. For any questions, comments, contact me at the information below!
David Lytle
Ken Garff Honda of Orem
115 E. University Parkway
Orem, Utah 84070
(801)822-2361 Cell
(801)714-2256 Office
davidl@kengarff.com

No comments:

Post a Comment