Your vehicle must be less than 25 years old on the trade-in date
Only purchase or lease of new vehicles qualify
Generally, trade-in vehicles must get 18 or less MPG (some very large pick-up trucks and cargo vans have different requirements).
Trade-in vehicles must be registered and insured continuously for the full year preceding the trade-in
The program requires the scrapping of your eligible trade-in vehicle, and that the dealers disclose to you an estimate of the scrap value of your trade-in. The scrap value, however minimal, will be in addition to the rebate, and not in place of the rebate.
Last but not the least, the CARS program runs through November 1, 2009 or when the funds are exhausted, whichever comes first
Log on to http://www.cars.gov/ to know more. It is a program aimed at strengthening the economy, improving auto sales and put safer, cleaner and more fuel-efficient vehicles on the nation's roadways. Come take advantage of this Limited Period Offer today! Enjoy!