Skip to content




Cash for Clunkers

Since most of you are paying the taxes to support certain “stimulus” plans, you had might as well get yours.  The “Cash for Clunkers” program is pretty attractive for those who are thinking about buying a new car and have a clunker that is worth very little.

From what I understand the qualifications are as stated below:

  • Any car with 18 mpg or less and was manufactured within the last 25 years is eligible
  • The car must have been registered to the same owner for a period of not less than 1 year
  • The car is in drivable condition
  • The car is continuously insured
  • No customer income limitations
  • Limit 1 per customer

This offer is effective from July 2009 through November 1 2009

If you buy a new vehicle that has a 10mpg improvement you get $4500
If you buy a new vehicle that has a 4mpg improvement you get $3500.

From what I understand, the dealer will actually cut the check and the dealer gets paid back by the government.

Be Sociable, Share!

Posted in Media.


One Response

Stay in touch with the conversation, subscribe to the RSS feed for comments on this post.

Continuing the Discussion

  1. The Reality of Cash for Clunkers – SurlyTrader linked to this post on August 4, 2009

    […] program doesn’t even make the average tax-payer bat an eye.  I had previously disclosed the details on this program in a previous post and the reason I did that was because it is a good deal for those who want a new car but are […]



Some HTML is OK

or, reply to this post via trackback.



Get Adobe Flash player
Copyright © 2009-2013 SurlyTrader DISCLAIMER The commentary on this blog is not meant to be taken as an investment advice. The author is not a registered investment adviser. There is no substitute for your own due diligence. Please be aware that investing is inherently a risky business and if you chose to follow any of the advice on this site, then you are accepting the risks associated with that investment. The Author may have also taken positions in the stocks or investments that are being discussed and the author may change his position at any time without warning.

Yellow Pages for USA and Canada SurlyTrader - Blogged

ypblogs.com