Qualifications

Lawmakers are proposing a “cash-for-clunkers” bill that would give consumers up to $4,500 to purchase a new fuel efficient car. Since there are a few versions being pushed around Washington, specific details will not be worth discussing until we see which measure gets the most forward momentum in the coming weeks. STAY UPDATED by subscribing to our email alerts on the right side of the site.

According to one version, consumers would have to trade in cars and trucks for a new fuel-efficient vehicle that delivers additional fuel savings of between 2 and 10 miles per gallon, depending on the type of vehicle purchased. According to a recent Edmunds.com article this table will aide consumers in knowing what cars would qualify for the program.

Summary of Cash for Clunkers Voucher Qualifications
  Min. Fuel Economy for New Vehicle $3,500 Voucher $4,500 Voucher
Passenger Car 22 mpg * Mileage improvement of at least 4 mpg Mileage improvement of at least 10 mpg
Light-duty truck 18 mpg * Mileage improvement of at least 2 mpg Mileage improvement of at least 5 mpg
Light-duty Trucks ** 15 mpg * Mileage improvement of at least 1 mpg or trade-in of a work truck Mileage improvement of at least 2 mpg
Commercial trucks ***   Trade-in must be at least pre-2002  

* EPA Combined MPG * * 6,000 – 8,500 lbs. *** 8,500 – 10,000 lbs

Since the bill to reward US consumers for purchasing a fuel efficient car is still under review, we are building a list of cars, by manufacturer, that would qualify for the incentives. Use the links below to research the gas mileage estimates for popular new cars.

If you would like a price quote on any car make, model or year to see what your final costs would be with this government plan, use the form on the right to start the dialogue with an authorized dealer in your state.

Please subscribe to our email alert list on the right of this page so that as soon as the bill is signed into law, you will be notified. This will also ensure that you know the final conditions included in the program so that you can plan a new car purchase that qualifies.