Quote:
Originally Posted by tootsie roll
We had thought of the cash for clunkers program, but I am not sure of all of the stipulations that are included in it. We ended up with a $6000 discount and wonder if we could have gotten as much of a discount using the cash for clunkers $. The guys at the dealership had said that it may have income restrictions and could require an application (meaning a long approval wait). Of course, they were trying to sell us a car, so I don't know how accurate their info was. .
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Cash for clunkers doesn't require an application and there is no wait time. You get the discount at the dealership. It is $4,500 but some dealerships are offering incentives with it like matching their money for a total discount of $9,000. The stipulations are: has to have insurance on it and be registered to you for 1yr or longer, must get less than or equal to 18mpg, and can't be older than 1984.