Cash for clunkers: How it works

Posted by Trish Riley, July 23, 2009

From Jim Motavalli, former editor of E/The Environmental Magazine:

The Cash for Clunkers program, formally the Car Allowance Rebate System (CARS), goes into effect today, and if you have an old, gas-guzzling bomb taking up space in the garage you should seriously think of trading it in. What’s in it for you? How about $4,500 that can be applied to the purchase of a new and much cleaner car?

via Cash for clunkers: How it works | MNN – Mother Nature Network.