Senate keeps ‘cash for clunkers’ proposal alive

WASHINGTON - Congress approved a "cash for clunkers" program yesterday to provide government incentives of $3,500 to $4,500 to motorists who trade in their gas guzzlers for more fuel-efficient vehicles after Senate Democrats narrowly defeated a Republican...

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One Response to “Senate keeps ‘cash for clunkers’ proposal alive”

  1. Jordan

    I don’t qualify because my car already gets good gas mileage. My dad swears by the car buying process here: excarsalesman.typepad.com It is kind of similar.

    I haven’t tried it yet, but I might because it looks good.

    I have a feeling dealers are going to automatically increase prices because of the increased demand (artificial) for lower MPG cars. So the thousands of savings from this bill for consumers is not entirely accurate. The demand will increase prices and you’ll get a voucher from increased prices. I’m certain some markets you’ll come out even as if they never offered this voucher. It is poorly written legislation.

    #604

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