For information on the $1 billion government sponsored CARS (Car Allowance Rebate System) program, aka "Cash for Clunkers," that allows consumers to receive a $3,500 - $4,500 trade-in allowance on their old vehicle when purchasing or leasing a new vehicle from participating auto dealers, click here.
Be sure to review the FAQ section and browse around the site for important program information, updates, participating dealers and eligibility requirements.
The CARS program is slated to run from July 1, 2009 through November 1, 2009 or until funds run out, whichever comes first.
So, if you were considering getting a new vehicle, perhaps now may be a good time to cash in on this deal. A lot of dealers are even tacking on additional incentives and promotions, so there's a lot of opportunity to save quite a bit of money on a new vehicle.
Also, you can save even more when it comes to financing your vehicle provided you have good credit.
This CARS program is designed specifically to energize the economy, boost auto sales, and put safer, cleaner and more fuel-efficient vehicles on the road.
You can also call the CARS hotline at (866) CAR-7891 or (800) 424-9153 TTY for more information (M-F: 8 am - 10 pm, Sa-Sun: 10 am - 8 pm).
And remember, buckle up, don't drink and drive, don't text and drive, let's all drive safely. :)