Comments on: Chrysler to match ‘cash for clunkers’ incentive http://www.autobysave.com/2009/07/chrysler-to-match-cash-for-clunkers-incentive/ Consumer Consulting Services Sun, 26 Jul 2009 04:01:48 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: admin http://www.autobysave.com/2009/07/chrysler-to-match-cash-for-clunkers-incentive/comment-page-1/#comment-44 admin Sun, 26 Jul 2009 04:01:48 +0000 http://www.autobysave.com/?p=25#comment-44 I heard it on NPR this morning and looked it up. It's supposed to start tomorrow and figure if you're in the market for a new car like me, it's very tempting to consider them. Please do not flame here if you do not agree with the Cash for Clunker program or if you do not qualify (I found out my COMBINED do not, but my city mpg would have). This is for those looking to maximize their "cash for clunker" trade-in to consider a Chrysler vehicle considering they just emerged from bankruptcy as well. Good luck to all! Link to info: http://finance.yahoo.com/news/Chr...5.html?x=0 Brief excerpt from the article: Car shoppers get a voucher worth $3,500 if they trade in a vehicle getting 18 mpg or less for one getting at least 22 mpg. The voucher grows to $4,500 if the new car's mileage is 10 mpg higher than the old vehicle. Owners of sport utility vehicles, pickup trucks or minivans getting 18 mpg or less could receive a voucher for $3,500 if their new truck or SUV got at least 2 mpg higher than their old vehicle. The voucher would increase to $4,500 if the mileage of the new truck or SUV was at least 5 mpg higher than the older vehicle. That means some consumers could, in theory, get up to $9,000 off a new Chrysler vehicle if they trade in and buy the right combination of vehicles. According to the auto Web site Edmunds.com, 16 Chrysler vehicles are fuel efficient enough to qualify a shopper for a tax rebate under cash for clunkers, so long as the trade-in vehicle qualifies as well. You can go here to find out what the official government rating of COMBINED mpg is for your car: http://fueleconomy.gov/ If you've been under a rock and don't know what Cash for Clunker bill is, please read here: http://www.cashforclunkersfacts.com/bill-faq I heard it on NPR this morning and looked it up. It’s supposed to start tomorrow and figure if you’re in the market for a new car like me, it’s very tempting to consider them. Please do not flame here if you do not agree with the Cash for Clunker program or if you do not qualify (I found out my COMBINED do not, but my city mpg would have). This is for those looking to maximize their “cash for clunker” trade-in to consider a Chrysler vehicle considering they just emerged from bankruptcy as well. Good luck to all!

Link to info: http://finance.yahoo.com/news/Chr…5.html?x=0

Brief excerpt from the article:

Car shoppers get a voucher worth $3,500 if they trade in a vehicle getting 18 mpg or less for one getting at least 22 mpg. The voucher grows to $4,500 if the new car’s mileage is 10 mpg higher than the old vehicle.

Owners of sport utility vehicles, pickup trucks or minivans getting 18 mpg or less could receive a voucher for $3,500 if their new truck or SUV got at least 2 mpg higher than their old vehicle. The voucher would increase to $4,500 if the mileage of the new truck or SUV was at least 5 mpg higher than the older vehicle.

That means some consumers could, in theory, get up to $9,000 off a new Chrysler vehicle if they trade in and buy the right combination of vehicles. According to the auto Web site Edmunds.com, 16 Chrysler vehicles are fuel efficient enough to qualify a shopper for a tax rebate under cash for clunkers, so long as the trade-in vehicle qualifies as well.

You can go here to find out what the official government rating of COMBINED mpg is for your car: http://fueleconomy.gov/

If you’ve been under a rock and don’t know what Cash for Clunker bill is, please read here: http://www.cashforclunkersfacts.com/bill-faq

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