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Maybe you already know about the government's cash for clunkers program, but do you know the facts behind the deals? Read these FAQs on cash for clunkers today and find out if you qualify.

The government's popular cash for clunkers program has several stipulations for car buyers. Some have changed recently. In fact, there are 86 new cars allowed in the plan.

Here are the stipulations for the cash for clunkers or CARS rebate program offered by the government...

Only cars that meet these stipulations qualify for the cash for clunkers or CARS rebate program. The car must

• Be less than 25 years old on date of trade
• Receive up to or less than 18 MPG (this varies on larger pick-ups and vans)
• Be registered and insured for a full year prior to trade

There are many cars that meet these requirements and they can be viewed on the official cash for clunkers website at http://cars.gov. If you are interested in this program, find a new car you'd like to buy using our affiliate Cars.com and then purchase it through a cash for clunkers dealer.

 

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