We wanted to give everyone a place where they could gather the most current and up to date information on the Cash For Cunkers Program that will be going into effect very soon. There are so many different sites on the web, stating conflicting facts, so we decided to gather all the viable information we could for you here.The Latest: News Alert – CFC is a GO
June 25, 2009 - President Obama has signed the Cash for Clunkers Bill, now called “CARS” . NHTSA should have program up and running Late July.June 23, 2009 - The NHTSA has updated their CARS website to say that the Cash for Clunkers program will be implemented in Late July. The exact wording from the Cars.gov website advises consumers “You may want to contact your local dealer in mid-July.” This is in slight conflict with the wording of the bill that says cars purchased from July 1, 2009 – November 1, 2009 will qualify. Read Article.
June 22, 2009 – The NHTSA has published a copy of the Cash for Clunker law for consumers to read. View as a PDF . They have also answered a few questions, which have been added on our FAQ Page. Please read the FAQ page carefully. They have also created a new acronym for the bill CARS which spells our Car Allowance Rebate System.
June 18, 2009 -Senators Harry Reid, Dick Durbin and Debbie Stabenow spoke on behalf of the Cash for Clunkers Bill. Republican Senators tried to cut the measure from the Wartime Spending Bill but they were NOT successful. Cash for Clunkers program will stay as part of the wartime spending bill. The spending bill will be signed this week by the President.
The National Highway Traffic Safety Administration (NHTSA) will be administering the program and has started to outline how car dealers will register and get paid. Dealers can find additional information at http://cars.gov.NHTSA will be working around the clock to get the program registrations and payment systems in place. Dealers will have to register on this site to get paid, which is estimated at 10 days after the sale of the car.
Stay tuned for breaking news and details as soon as they are released. By signing up for our email alerts, you be the first to know when important details are released. You can also follow daily updates from http://www.cashforclunkersfacts.com/ on Twitter.
Does Your Trade-In Qualify?
Check out the Qualification guide for the basics on if your vehicle will qualify for this program.
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