The Skinny on the Govt's Cash for Junkers Program.

Christy and I were just talking tonight, about what kind of money you could expect to get from Uncle Sam when you turn in your old hunk of junk vehicle.

We couldn't understand how it might be possible to turn in a big, old gas hog ... for a NEW, big gas hog?

Maybe this will explain some of it:

Here's the quick read on the 'cash for clunkers' rules just published


You can read a PDF of the whole thing here, but the National Highway Traffic Safety Administration basically says:

The eligible clunker has to be driveable and can't be more than 25 years old. In the case of "very large" pickups and vans (8,500 to 10,000 pounds of gross vehicle weight), they must have been made since 2001. 
The program runs through Nov. 1.

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