Local Car Bargains .com
L.A.B. Auto Industry News
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Local Car Bargains .com |
L.A.B. Auto Industry News |
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C4C - Cash For Clunkers And Other Auto News. |
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>> A
new but old idea is floating around congress right now. The idea is being
called "cash for clunkers". The basic idea behind the idea is
provide owners of older model cars owned for a year or more which guzzle
gas a financial incentive to purchase a new car that gets 2 to 5 more
gallons per mile than their currently owned car or truck.
The incentives range from $3500 to $4500 depending on the type of car purchased and the improvement in gas mileage. We'll continue to follow this story and keep you updated on the progress of this proposal. Two good places to get more details read story BusinessWeek Cash For Clunkers Story posted on BusinessWeek.com or read the Original C4C proposal by Senators Feinstein, Collins, and Schumer original proposal by Senators Feinstein, Collins, and Schumer. For your convenience we included links to the stories above. Just hit your back button to come back to Local Car Bargains .com. >> In an effort to save their companies GM and Chrysler has reportedly notified many of their dealers that they will no longer be part of their dealer network. GM cut 1100 from its dealer network and Chrysler cut 789. |
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