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Showing posts with label Goverment Clunkers. Show all posts
Showing posts with label Goverment Clunkers. Show all posts

Monday, August 03, 2009

Video of Goverment Clunkers being Destroyed

So here is how the program works.

The CAR Allowance Rebate System (CARS) is a $2 billion government program that helps consumers buy or lease a more environmentally-friendly vehicle from a participating dealer when they trade in a less fuel-efficient car or truck. The program is designed to energize the economy; boost auto sales and put safer, cleaner and more fuel-efficient vehicles on the nation's roadways.
Consumers will be able to take advantage of this program and receive a $3,500 or $4,500 discount from the car dealer when they trade in their old vehicle and purchase or lease a new one. The agency amended its rule implementing the CARS program.
 Your vehicle must be less than 25 years old on the trade-in date
 Only purchase or lease of new vehicles qualify
Generally, trade-in vehicles must get 18 or less MPG (some very large pick-up trucks and cargo vans have different requirements)
 Trade-in vehicles must be registered and insured continuously for the full year preceding the trade-in
 You don't need a voucher, dealers will apply a credit at purchase
 Program runs through Nov 1, 2009 or when the funds are exhausted, whichever comes first.
 The program requires the scrapping of your eligible trade-in vehicle, and that the dealer disclose to you an estimate of the scrap value of your trade-in. The scrap value, however minimal, will be in addition to the rebate, and not in place of the rebate.

Here is a sample of where our tax money is going to stimulate our economy, and there is more good news the Government is working on another 2 Billion so we can see more video’s like these destroying perfectly good cars.

Thank you President Obama









How Many of would of liked to have given up a real Clunker for one of these cars!!!!!