If thinking of trading in your car, here is a chance to get some government money. Still, before rushing to a dealer, one would need to learn of the program's details. Specifically speaking, Consumer Assistance to Recycle and Save act (CARS), dubbed as "Cash for Clunkers," provides three thousand five hundred dollars, or four thousand five hundred dollars, in order to help people buy a more fuel efficient vehicle from a participating dealer. This is when trading in an older vehicle which is less fuel efficient is the case. The accumulated amount given depends on the type of car bought and also in the difference in the fuel economy between the one you are buying and the one being traded in.
Link: Michelle Singletary - The Color of Money: 'Cash for Clu
