Cars, Cars & Cars » automotive legislation http://www.carscarsandcars.com I sure do love my cars... ^^ Mon, 02 Jan 2012 10:07:55 +0000 en hourly 1 http://wordpress.org/?v=abc Incentive for Ditching Gas Guzzlers http://www.carscarsandcars.com/2009/06/incentive-for-ditching-gas-guzzlers/ http://www.carscarsandcars.com/2009/06/incentive-for-ditching-gas-guzzlers/#comments Wed, 10 Jun 2009 03:29:44 +0000 Heather http://www.carscarsandcars.com/?p=49 gas_guzzler_cartoonGood news for Americans who have gas guzzling vehicles they are eager to get rid of, but who may not be able to afford a trade in. The House of Representatives has just approved new legislation known as “cash for clunkers.” It may allow people buying a new car to receive an incentive of up to $4,500 if they will trade in a gas guzzling vehicle for a more fuel efficient one.

There are some strings, of course — aren’t their always? For instance, to qualify for the trade in, a vehicle has to be rated at eighteen miles per gallon and absolutely no more than that. However, that is good new for people who own vans, trucks, or SUVs. If a vehicle gets four miles per gallon more, at least, the owner will get a $3,500 voucher. For cars that get ten miles per gallon more, owners are eligible for an additional thousand dollars.

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