How to Qualify for Cash for Clunkers Rebate

The house and senate have both approved the bill for Cash to Clunkers Rebates for American automobile consumers. This rebate is suppose to rid the road of those old gas guzzling beasts that some people are still driving and put more economically fuel efficient cars on the highway. This will not only help out the automobile industries by selling more cars, it will also help our environment by reducing carbon emissions. If you are thinking of buying a new car, and trading in that old one, you could qualify to get between $3500-$4500 from the United States Government to do it.

Instructions

1

Figure out what car you are trading in. Maybe it is very old and not worth a lot, that is OK. It doesn't have to be worth much to get the rebate.

2

Determine the gas mileage per gallon on that old car you are thinking of trading in. There are several websites out there that will help you in figuring out how many miles per gallon you are getting on your current daily driver. You can use any search engine such as Google, and type in "miles per gallon 1998 Ford Taurus" and you'll notice a number of websites will appear that can help you determine your gas mileage. There is a great government site listed in the resources section below to also aide you in finding MPG.

3

Now that you are armed with the most important information to qualify for the new cash for clunkers rebate, next you have to figure out what type of car you want to buy.

4

In order to get the $3,500 rebate, a new passenger car must get at the least 22 miles per gallon, no matter what the old car's gas mileage is. The stipulation is this, the new vehicle's MPG rate has to be at least 4 miles more per gallon than the one you are trading in. So if you have an old ford, that gets 20 miles per gallon, the new car you choose to purchase must get 24 miles per gallon to qualify. If you improve your gas mileage by at least 10 MPG you qualify for the $4,500 rebate. There are different requirements for each vehicle type. If you are planning on buying a Light-Duty, Large Light-Duty, or Commercial Truck there is a link in the resources section below to help you determine how to get the Cash for Clunkers rebate for this type of vehicle purchase.