"Clunker Bill" that passed in House this week - who knows more about this?
The US House of Representatives passed a "Clunker Bill" this week and Senate is working on one. Result would be a "voucher" program giving owners of cars above a certain age (I think 8 or 9 years?) that get low gas mileage (again, I think, 18 MPG) credit (House Bill is $3500!) for trading it on a high gas mileage newer car.
If anybody knows more about the specifics please post - I hope Edmunds can keep us up-to-speed on this, I have a car that would qualify and am holding-off buying until I know the specifics of the plan that will be adopted!
In News & Events > Legislation
In News & Events > Legislation > Cash for Clunkers
3 answers - 133 days ago

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