4500-Tax-Credit-for-Old-Gas-Guzzling-Car-Truck-SUV-Van

Washington ~ Congress has approved the »»»»»cash-for-clunkers legislation that would offer new car buyers up to $4,500 in tax credit for those who are willing to trade in their old gas-guzzling car,truck,SUV or van - for more gas-sipping vehicles.



The House voted 298-118 in favor of the bill; all but nine Democrats, as well as 59 Republicans gave the OK for the bill. The National Highway Traffic Safety Administration »»»(NHTSA) will be handling the Car Allowance Rebate System »»»(CARS) Program.


At least the tax credit voucher will help the automotive industry. Overall "it's motivates people to buy new cars". The government now owns part of the automotive industry. Government officals seeking a long term financial goal to improve the auto industry. Giving Americans up to $4,500 (C.A.R.S) incentive to purchase a new vehicle. Also having more fuel efficient cars on the road; would improve the environment.



Car Rebate break down:

Trade-in vehicles must be rated at no more than 18 mpg to qualify, meaning it will benefit truck, SUV and van owners more than passenger car owners. For those who trade in a car that gets at least 4 mpg more, they’ll receive a $3,500 voucher; pick a car that averages 10 mpg more and those buyers will get an extra $1,000 for $4,500 total.


Key Requirements:

Remember your Trade-in vehicles must get no more than 18 miles per gallon to qualify. Also your vehicle must be insured for at least one year and the vehicle must be in drivable condition. Congress approved the $106 Billion Dollar Program; but it wasn't enough. The government added 2 Billion more to the cash for clunkers program.

Cash for Clunkers Requirements or Qualifications:


Find your car's mpg rating on the window sticker; to see if you quailfy go to Source:cars.gov Start looking for a new car!

Video Link:

Car-Allowance-Rebate:Tips-Rules-Checklist

Here is some tips rules and reglations on the»»» Car Allowance Rebate program. Also to determine if you qualify, and key tips before making a clunker decision.



The C.A.R.S program was approved by the government which allow us a chance to trade in are old car or truck and get up to a $4,500 credit towards a new fuel-efficient vehicle.



Overall "its sounds great! but...



Car-Allowance-Rebate Tips or Checklist:

•  What condition is your vehicle in?

The safety of vehicle is vital in making a decision. For example: broken
seats,cracked windshield, leaking car roof, windows won't roll up or down; etc.
These problems could be very annoying.

• Is your vehicle reliable?

Not having a reliable car to drive to work everyday can be very stressful. Sometimes you wake up on a cold mourning and your car won't start; you have to wait a hour or so to warm up; now you late for work. I know this guy drives a car that cuts off every time he stop at a light. The guy literally have to put his car in parked and restart the engine when the light turn green.

• Those crazy repair costs:

Repairs can be very very costly. If you making frequent repairs on your vehicle(clunker).
New car is something to think about.

• Value of vehicle:

First find out your vehicle value.
$4,500 car allowance rebate is the max you can get.
Knowing the value is the key ~ to making a game changing decision.

• Can you afford a Car Loan?

This can be a key factor in determining if you want to trade in
your old car,truck or SUV; for a more fuel-efficient vehicle.
Calculate the bills first before you step into a new vehicle.
You don't want to get stuck with a car note that you can't afford!

•  Does your car qualify?

To find out rules,regulations and qualifications go to:Cars.gov

Chrysler-Matches-Car-Allowance-Rebate-4500-Clunkers-Incentive

Chrysler LLC ~ Chrysler announces today they will match the "Car Allowance Rebate". The government is offering a $4500 tax rebate incentive; for those who are willing to trade in their old clunker. The Chrysler vehicle incentive will begin on July 23 and end on Aug 31.


Overall "the automaker matching rebate incentive could turn out to be a winner". The company is in rebuilding stage; but you could get up to $9,000 in rebates when you purchase a new vehicle under the "Car Allowance Rebate System" + Chrysler matching rebate incentive. The company is laying out all the marbles on this one.



Chrysler Matching Incentive?:

• According to reports Chrysler says that new car buyers are eligible even if you don't qualify for the cash for clunkers program???

• Chrysler will offer up to $4500 in cash or you can get 0% percent financing for 6 years on majority of its 2009 ~ Chrysler,Dodge and Jeep vehicles.

(Updated Aug 9)
Chrysler modifications on the matching rebate. They are still offering the $4,500 rebate, but only on fewer select models. It all depends on your local dealership inventory. Unfortunately the problem with Chrysler is lack of inventory. WoW! Cars are selling fast during the cash for clunkers era.


"Cash For Clunkers" Qualifications:

• 1985 car or newer(Less than 25 Years Old)
  

• Your Vehicle gets less than 18 miles per gallon

• Also have the vehicle title and be insured in your name(Owner of the Car) for at least one year

• Car must be running(The car must start up and drivable)

Source:Chrysler to match 'cash for clunkers' incentive

Dump the Clunker:Cash-in-for-New-Fuel-Efficient-Vehicle

It's time to dump your clunker and cash in for a new fuel-efficient ~ car,truck,van or SUV. Cash for Clunkers is a program approved by the government. How the program works? The bill is designed to encourage people(Americans)to purchase new vehicles and boost the declining automotive industry.



Clunker Program Incentives:



New car buyers will get either $3,500 or $4,500 tax credit voucher in incentives - for those who are willing to trade in your gas-burning car,truck,van or SUV - for more slow-burning-gas vehicles.The $106 Billion dollar Cash for Clunkers auto stimulus package was approved by Congress. Cash for Clunkers Bill is designed to improve the environment. The government is going GREEN; less pollution on the streets.


Cash for Clunkers Tax Credit break down:



Trade-in vehicles must be rated at no more than 18 mpg to qualify, meaning it will benefit truck, SUV and van owners more than passenger car owners. For those who trade in a car that gets at least 4 mpg more, they’ll receive a $3,500 voucher; pick a car that averages 10 mpg more and those buyers will get an extra $1,000 for $4,500 total.


Car Allowance Rebate System - Qualifications:



1. Your vehicle must be less than 25 years old on the trade-in date( Meaning if you trade in this year 2009, the vehicle can be no older then 1984)

2. You can only purchase or lease of new vehicles qualify.(At least a 5 year lease if you want to use the tax credit voucher; only if you lease a vehicle)

3. Your trade-in vehicle must be registered and insured continuously for One year preceding the trade-in(You can't just trade any old clunker in;also the car have to be running.)

4. Find your car's mpg rating on the window sticker, or go to:(Source) cars.gov.

5. You don't need a voucher, dealers will apply a credit when you purchase your new fuel-efficient vehicle(Also Dealerships have to ensure that the car gets crushed; after the purchase of your new vehicle.)



Positive side of the Car Allowance Rebate System(CARS):




Most car dealerships are running extra incentives and flexible car loans during the Cash for Clunkers duration. 4500 car tax credit is the max or cap.The best part of program;you are getting paid to dump your old car.






Car Allowance Rebate System applies to U.S States only:

Smart-Cars-Cash-For-Clunkers-Deal

Here's the Deal you can get a Smart Car for $99 Bucks a Month. The federal government is offering a $4500 tax credit. A wow type deal and smart; see most people in the US can't afford a car note to buy a new car.



Source:$4500 Tax Credit or Rebate



Ironing out the details:



Smart financing is offering $99 a month for 36 months. Here's the catch a huge payment at the end a whopping $6,667.Don't be alarmed the value of smart cars are pretty good after 3 years; roughly about 50%.


Source:What Type of Model:


The Model is called the ForTwo and it gets about 36 miles a gallon.
The cost of the vehicle will about $13,000 w/ air conditioning and shipping.Only 1,500 cars for the program.


Review:


The $99 payment a month is good; Reason why If you want get a new car and fit your budget.Smart cars are great to travel to work in. The cars meet the requirements for the cash for clunkers program.



At least you won't be paying a huge car note that you can't afford. Plus you can afford other bills.The economy is dwindling dramatically. Hopefully there will be a upside.



Overall If you are looking to buy a car that get better gas mileage. Now is the best time.Cash for Clunkers bill is now extended to the end of the year.



Video Link:

Ford gets Federal Funding to Build-Fuel-Efficient-Vehicles

Ford Motor Co - receives federal funding from the Energy Department. Ford will get $5.9 billion to build more fuel-efficient vehicles.


Many auto companies, like suppliers and battery makers have pursue a total of $38 billion from the loan program. The company seeks to receive $5.9 billion in loans by 2011, still clueless how much funding Ford would actually receive.


Congress approved the loan program last year to help car companies and suppliers retool their facilities to develop green vehicles and components such as advanced batteries.


Congress says the loans were designed to help the auto manufacturers meet new fuel-efficiency standards of at least 35 miles per gallon by 2020.



Ford has pursue a total of $11 billion from the loan program. Also the Company
said it would invest $14 billion in advanced technologies over the next 7 years.
The loan app was submitted by the company at end of last year, that would help
Ford with the investment.