If you have an old car and want to get some Obama change to trade it in for a Prius, The New York Times has a helpful primer that explains the details of the federal Cash for Clunkers program. An auto is only eligible for the $4,500 rebate toward the purchase of a more efficient vehicle if it’s less than 25 years old, has an original mileage rating of under 18 mpg and it is in good driving condition. Other useful info: don’t assume the dealer won’t give you other discounts (haggle as you would on any new car purchase) and move quickly; The $2 billion in additional funds may only last a few weeks. For more, read the full story in the Times. Read the rest of this entry »
Today only: cash for your stinky running shoes
The author's clunkers, soon to be cashed
All this hubbub over cash for clunkers is pretty yawn-inducing for us here in the borough, where the very idea of even owning a car—clunker or otherwise—seems like a terribly bourgeois idea in the first place. [Editor's note: whoa there... down, fella!] If you are left to travel the city à pied, is there any hope of relief? There is today, if you were planning to drop some serious cash on a new pair of running shoes at least. Read the rest of this entry »
Your Cash for Clunkers questions answered
If you have an old car and want to get some Obama change to trade it in for a Prius, The New York Times has a helpful primer that explains the details of the federal Cash for Clunkers program. An auto is only eligible for the $4,500 rebate toward the purchase of a more efficient vehicle if it’s less than 25 years old, has an original mileage rating of under 18 mpg and it is in good driving condition. Other useful info: don’t assume the dealer won’t give you other discounts (haggle as you would on any new car purchase) and move quickly; The $2 billion in additional funds may only last a few weeks. For more, read the full story in the Times. Read the rest of this entry »
