Effective August 24, 2009 The Cash for Clunkers government rebate program has been canceled.
I'm sure by now you have heard something about the
Federal Government's "Cash for Clunkers" program.
The government's official name for this program is "Car Allowance Rebate
System" (CARS). The CARS program has been
signed into law but official program rules have not been released to
dealers. The program rules are due to be posted July 24, 2009.
The information below has been posted on various web
sites including government web sites and can certainly change before the program rules are posted. We will do our best to
keep this web page up-to-date with all the latest changes in the
program.
Shuman
Chrysler Jeep...The Biggest Chrysler Jeep Dealer in Walled Lake...will
be registered with the Federal Government to participate in this
program! We can answer all your questions now...Just give us a call!
You would like to know if your vehicle
qualifies for the Cash for Clunkers Rebate. Simply click on the link
below and provide us in the comments section the year, make, and model
of your vehicle along with your contact information. One of our Cash
for Clunkers program specialists will contact you promptly. Does My Vehicle Qualify?
Below you will find some "frequently asked questions". Simply click on the question and the answer will be provided:
June 25, 2009...Article in the the Automotive News reads:
WASHINGTON (Reuters) -- U.S. auto
dealers will determine whether consumers receive markdowns on new vehicle
purchases under the $1 billion "cash for guzzlers" program President
Barack Obama signed into law on Wednesday.
The signature kicks off a
30-day period in which the Transportation Department will prepare regulations
for the program. The National Automobile Dealers Association is advising
dealers to wait until the rules are out late next month before participating.
Proponents hope the measure
prompts up to 250,000 U.S.
vehicle sales, which are running at an annual rate of just under 10 million for
2009, a 27-year low.
"It's complex and not
like anything we've ever run before," said Rae Tyson, spokesman for the
agency's National Highway Traffic Safety Administration. "We're starting
from scratch."
Tyson said key elements are
in place for dealers to offer consumers up to $4,500 toward a new, more
fuel-efficient car when they trade in an older model that gets worse gas
mileage.
There is a 25-year age limit
on older vehicles and those driven to a dealer for credit must have been owned
by the new car buyer for at least a year.
The government is working on
a plan to ensure that the trade-in vehicle is scrapped and not resold.
"Dealers already have
mechanisms for disposing of vehicles that they don't want to resell. We're
going to require some foolproof means of proving that the vehicle will never be
on the road again," Tyson said.
One option may require
dealers ensure that the engines or other key components are removed from the
older vehicles.
The "guzzlers"
provision was included in a $106 billion military spending bill signed by
Obama.
*Select models only, Shuman rebate expires August 31, 2009