It's official--the CARS Act (H.R.2751) has passed the senate. $3500 to $4500 to buy a new car/truck. Estimated cost $1 bil from 7-1-09 to 11-1-09. Old cars would have to be crushed. To get the max of $4500, your new car would have to get a minimum of 10 MPG more (combined EPA rating) than the old. 4 MPG more would get you the $3500. Other rules apply to SUVs and trucks, and they are less restrictive.
I don't have any comments, just an FYI for bitogers.
I don't have any comments, just an FYI for bitogers.