FleetRates.com Announces The Cash For Clunkers Program See Thousands of Cars Online At Low Fleet Prices


2008 Toyota Sequoia SR5


USA Cash For Clunkers Program


        Effective:                                             
                     July 1, 2009 – November 1, 2009 
                     Government Web 
                     Site: www.cars.gov 
                     EPA Fuel Ratings Web Site : 

                     www.fueleconomy.gov/feg/findacar.htm 

       5 Important Things to Know
            Your vehicle must be less than 25 years old on the trade-in
            date
            If your car is worth more than $4,500 this assistance
            should not apply
            This program is not retroactive
            Only purchase or a 5 year 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 

      Cash for Clunker Bill Overview 

            Program will be called “C.A.R.S. – Consumer Assistance to R
            ecycle and Save”
            Effective July 1, 2009 – November 1, 2009
            Congress appropriated $1Billion to support the program.  The
            bill is written to end the program should the funds be
            exhausted.
            The government established a web-site (cars.gov) with some
            basic information, FAQ’s, etc initially, with more detailed
            instructions to follow.  Fueleconomy.gov information is be
            placed on this site as well for “one stop shopping” for the
            consumer. 

      Eligibility:
            New Vehicles Only, No Used
            Vehicle must have an MSRP of $45,000 or less
            Vehicle must be less than 25 years old
            Not Retroactive
            Must have been registered and insured for 1 year to be
            eligible
            Must be drivable (not totaled)
            Only one voucher per customer and one per vehicle (if
            co-owned)
            Excludes leases under 5 years 

                                                                            
                        Passenger Car    Light-Duty     Large Light-Duty        Work
Truck       
                                   Truck             Truck                      
       
                                                                             
       
                                                                  
(8,500-10,000lbs.)   
                                               (6,000-8,500lbs.)               &
nbsp;
                                                                                      
         
Minimum Fuel     22 MPG          18 MPG            15 MPG           No
Requirement     
   Economy                                                                     
        
                                                                               
        
              (EPA Combined)  (EPA Combined)    (EPA Combined)                 
        
   for New                                                                     
        
   Vehicle                                                                     
        
                                                                               
        
    $3,500        Mileage         Mileage     Mileage improvement   Trade-in
must be    
   Voucher    improvement of  improvement of   of at least 1 MPG      pre-2001
M.Y.     
              at least 4 MPG  at least 2 MPG  or trade-in of Work              
        
                                                     Truck                      
         
                                                                              
         
    $4,500        Mileage         Mileage     Mileage improvement              
        
   Voucher    improvement of  improvement of   of at least 2 MPG               
        
              at least 10 MPG at least 5 MPG                                    
         
                                                                            
        Disposal:
            Dealer must certify to the Secretary of Transportation that:
                  The vehicle will not be re-sold
                  Dealer will transfer vehicle (including engine) to
                  location TBD and within timeframe TBD 









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