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Cash for Clunkers - Does it Work for You?

2647 messages, Last post on Oct 01, 2009 at 6:33 PM
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Edmunds Cash for Clunkers Calculator
I Traded My Clunker and Bought a....?
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The Savvy Shopper: Cash for Clunkers - Is it for you? Do you have questions or comments about how this program will work? Here's the place to ask. |
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The list of clunkers given in the article starts as 1990. I am sure that this is for space reasons, but is there a limit on how old the clunker can be or how many miles it can have? I have a 1985 Mercedes 380 SE that still runs great, but has 250,000+ miles and is getting a little worn out. Would it qualify? Oh and yeah, how do I find out what the EPA gas mileage figure is on it?
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Replying to: bhill2 (Jun 23, 2009 10:59 am) tidester, host SUVs and Smart Shopper |
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my understanding is that the age range is 1984-2001, and for fuel economy, it has to score 18 mpg or below on the combined rating, using those new numbers they came out with in 2007. Fuel economy ratings are available at http://www.fueleconomy.gov. However, one thing that confuses me is 1984 model cars. As far as I know, only the raw laboratory numbers are available for them, and these numbers are much more generous than the numbers they used for 1985-2007, or the even more dumbed-down numbers they use now. Just doing a quick scan through those raw 1984 numbers, the only domestic cars I see that would qualify would be ex-police cars. The Gran Fury/Diplomat and Crown Vic are rated 17 combined, while the Caprice is rated 18. On the foreign front, about the only cars that would qualify as guzzlers would be exotic stuff like Ferraris, Lamborghinis, Rolls Royces, etc.
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Replying to: andre1969 (Jun 24, 2009 8:41 am) |
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Replying to: andre1969 (Jun 24, 2009 8:41 am) The bill has no specific age provisioning. The 1984 model year stipulation only has to do with how the gas mileage is figured. From 1984 onward, the official EPA gas mileage estimates are to be used while gas mileage for model years from 1978 to 1984 will be determined by "the secretary" somehow making use of EPA and NHTSA data (the formula is not prescribed). From what I can tell, "the secretary" will determine eligibility for earlier model. tidester, host SUVs and Smart Shopper
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Replying to: tidester (Jun 24, 2009 10:06 am) |
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Replying to: kirstie_h (Jun 23, 2009 9:51 am) My question is: This October 2009, will providing documentation showing insurance for 1 year, and the continuation of ownership from my parents to me allow me to qualify for the program? We've had this car forever and it would seem very out-of-spirit of the law to disqualify me for what appears now to be a very poorly timed title transfer. Any thoughts? Is there anyone I can contact about this? Any way to have an exception made?
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Well I see it is business as usual for the goverment. They were so excited to say look at us we did something that they have this thing so confusing it isn't even funny. They also have the cart before the horse. The dealers still have no idea how to sign up, we don't know what to do with the cars, we don't know who is going to pay to have them scrapped, who pays to get them to the scrap yard, etc,etc, etc, etc. My understanding is that there is an age restriction. The cars can be no older the 25 years. Allot of good info on the official site cars.gov Your trade-in vehicle must have been manufactured less than 25 years before the date you trade it in have a “new” combined city/highway fuel economy of 18 miles per gallon or less be in drivable condition be continuously insured and registered to the same owner for the full year preceding the trade-in Note that work trucks (i.e., very large pickup trucks and cargo vans) have different requirements. |
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I'm trying to purchase a Honda Accord LX-P. I was wondering if anyone could advise me on whether to wait for this bill to go into effect for my SUV that qualifies for $4500, and lose the Honda incentives, or go ahead and buy the accord, and later try to sell my SUV (I know I wont get $4500 for it if I sold it).
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