But what is the actual deal available under Cash for Clunkers? The official document is here. In essence, your old auto that you are getting rid of must be more than 8 years old and less than twenty five.
It must get a combined MPG (ie, an average of town and country driving) of less than 18 mpg. It must be scrapped after you have traded it in, it cannot be resold (although some parts can be). To see if your old car gets under 18 mpg look at fueleconomy.gov.
No, it doesn't matter what you actually get: it's what the EPA thinks you get that matters here, only their estimations count.
From one side Cash for Clunkers is a marvellous idea, it gets old polluting autos off the streets and into the scrap yards at the same time that it stimulates purchases of cars made right here in the Good Old USA. From the other side Cash for Clunkers is simply the politicians in power buying off one of their support groups with your and my tax money.
Both descriptions of Cash for Clunkers could in fact be true, they are not mutually contradictory. You are entirely at liberty to believe one, both, either or neither of the explanations.
It must get a combined MPG (ie, an average of town and country driving) of less than 18 mpg. It must be scrapped after you have traded it in, it cannot be resold (although some parts can be). To see if your old car gets under 18 mpg look at fueleconomy.gov.
No, it doesn't matter what you actually get: it's what the EPA thinks you get that matters here, only their estimations count.
From one side Cash for Clunkers is a marvellous idea, it gets old polluting autos off the streets and into the scrap yards at the same time that it stimulates purchases of cars made right here in the Good Old USA. From the other side Cash for Clunkers is simply the politicians in power buying off one of their support groups with your and my tax money.
Both descriptions of Cash for Clunkers could in fact be true, they are not mutually contradictory. You are entirely at liberty to believe one, both, either or neither of the explanations.
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