The Car Allowance Rebate System (CARS) is a $1 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.
For complete information go to: http://www.cars.gov/, http://www.latimes.com/business/la-fi-clunkers14-2009aug14,0,4867108,print.story; http://www.smartmoney.com/spending/autos/4-clunker-traps-car-buyers-should-avoid/?cid=1122
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