Quote Originally Posted by ccbatson View Post
Anyone realize how corrupt this stinker program is? 4K from taxpayers to dealers/buyers, the cars brought in must be destroyed [[at more cost to taxpayers), and anyone can go buy a junker for 300-500 dollars and gain a net of 4k from a vehicle already in the junk yard for a scrap yard owner to get paid by taxpayers to scrap the car[[s) they [[or someone else) already scrapped.
Once again a knee jerk reaction from the peanut gallery.

Car must be in your possession for at least a year, with proof.
Important Things to Know

  • 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.
www.cars.gov