NHTSA, DOT Publish the Final Rule for Car Allowance Rebate System (CARS) or Cash For ClunkersBy Cuong Huynh • Jul 27th, 2009 • Category: Clean Car Talk Daily Snapshots, Videos
Note to readers: Beware of scams already popping up to take advantage of the CARS of “cash for clunkers” program. Never give out personal information on a website, especially your social security number. Your only trusted source should be www.cars.gov.
The U.S. Department of Transportation’s National Highway Traffic Safety Administration released the final eligibility requirements for the Car Allowance Rebate System (CARS).
This final rule sets forth requirements and procedures for the voluntary vehicle trade-in and purchase/lease program under the Consumer Assistance to Recycle and Save Act of 2009. This program helps consumers pay for a new, more fuel efficient car or truck from a participating dealer when they trade in a less fuel efficient car or truck. The rule establishes a process by which dealers can register in order to participate in the program and establishes the criteria this agency will use to determine which disposal facilities are eligible to receive and either crush or shred the trade-in vehicles. It also sets forth the criteria that trade-in vehicles and new vehicles must meet in order for purchases and leases to qualify for assistance under this program and establishes the requirements that must be met by consumers, dealers, disposal facilities and others. Finally, the rule sets forth enforcement procedures and provisions for punishing fraud and other violations of the program requirements.
Cash for Clunkers program explained. Video clip courtesy CNN, 07-27-09.
Cuong Huynh is a marketing communications consultant working in the San Diego area. Cuong is dedicated to helping individuals and companies maximize their presence on the Internet and efficiently take products and services to market through SEO and network marketing. Cuong also maintains a blog on Marketing at marketingautopsyblog.com. You can also find Cuong Huynh's profile on LinkedIn. For fun he maintains a blog on Vietnamese pho, soccer and do storyboards for movie and film projects. Follow Cuong on Twitter @CuongHuynh, @LovingPho, @CleanCarTalk, @BlockbusterFilm, @SoccerUSA.
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