The Cash for Clunkers program has been wildly successful, and hugely confusing to a lot of interested consumers. Confusing mainly due to restrictions that don't make a whole lotta sense. Qualified vehicles must be in running order, and insured -- so they can be carted away and used for scrap. Also, the mpg rules for used and new rides are fairly restrictive. But the benefits can be considerable, especially when the govt. rebate is matched by manufacturer incentives.
If anyone wants to learn more, check this out: latimes.com
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