Friday, July 24, 2009

Trade your clunker for $4500 towards the purchase of a new car

so apparently there is a stimulus plan that goes like this: if you drive a clunker, you can trade it in at dealerships (that are in the cash for clunkers program) and the government will give you $3500- $4500 towards the purchase of a new car. my knee jerk reaction would be: what's the catch? there are specific rules that need to be followed, i.e. your car has to be a gas guzzler, the car you must purchase must not be another gas guzzler, the purchase needs to be done before January 2010, you cannot apply the $4500 towards the purchase of a ferrari etc etc fine print fine print blah blah blah. but if you qualify and have the money, it's worth giving it a shot! as my friend anum put it, if you buy a $10k car, you are really getting it for $5,500. not a bad deal eh? but you need to move superfast as the $$$ are limited and the program will stop once the cash runs out. read all about it at: http://www.cashforclunkersfacts.com/

goodluck and let me know if you were able to buy one thru this program! xo