cash for clunkers=the end

[Timstrk]

The deal is $3500 for a car that gets 4mpg better than the old one. $4500 for one that gets 10 mpg better than the old one. For a truck or suv it's $3500 for 2mpg better and $4500 for 6mpg or better. No $15000. The car has to have been built '84 or later and owned and insured for at least 1 yr prior to trade in. All on a new car that costs less than $45000. No H-1 Hummers on this deal. The total pool of gov money is $1B. When its gone, its gone until they add to the pot because the "right" people didn't get a new car. There is a web site that lists the epa estimated mileage of cars now. Can't remember what it is, tough. Ends with .gov. I think Matt is right on the crushing thing, though. No salvage allowed. No buying a clunker for $500 and trading it through the system. But see if that doesn't happen.

Tim